THIS IS THE REVERSAL STRATEGY
BUY SIGNAL
I WANT CODES WHEN RSI FALL BELOW 20,VOLUME INCREASE BY 100% OF PREVIOUS ONE HOUR,THREE CONSECUTIVE FIVE MINUTES RED CANDLES
SELL SIGNAL
VICE VERSA
THIS IS THE REVERSAL STRATEGY
BUY SIGNAL
I WANT CODES WHEN RSI FALL BELOW 20,VOLUME INCREASE BY 100% OF PREVIOUS ONE HOUR,THREE CONSECUTIVE FIVE MINUTES RED CANDLES
SELL SIGNAL
VICE VERSA
For the above condition use one hour candle time frame
Buy Script:
RSI(CLOSE,14)<20 AND VOLUME > 2*REF(VOLUME,1)
Sell Script:
RSI(CLOSE,14)>20 AND VOLUME > 2*REF(VOLUME,1)
it cant be done on lesser time frame?
as you have mentioned hour timeframe in condition