OPEN-SOURCE SCRIPT

Hybrid RSI Strategy [Heifereum ]

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This is a hybrid script that combines visual RSI indicator signals with an optional backtestable trading strategy.

BUY Entry: When RSI crosses above the oversold level (default 30)

SELL Exit: When RSI crosses below the overbought level (default 70)

Timeframe: Works best on trending assets (crypto, forex, indices) in 5min to 1H

Backtest Toggle: Turn ON/OFF live testing using the Enable Backtest Mode? setting

Visual Cues: Buy/Sell labels, background coloring, and alerts ready for webhook automation

Use this strategy to visually explore RSI dynamics, run performance backtests, or hook up to external bots via alerts.

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