Tradingview Indicator
Budget: $30 – $250 USD
I need to create an indicator using 14 periods RSI and RSI 9 EMA crossover, volume delta by spacemanbtc) and Candle structure. For now, I want the buy-sell indicators to come up based on this logic. . The parameters that this indicator should have are:
1. RSI Length
2. RSI EMA length
3. SL Offset (in increments of .25)
4. RSI Threshold.......5-5 floating number (Threshold = RSI-RSI 9 EMA)
Buy Entry Signal
A buy signal will be generated when:
1. A bullish engulfing candle is created.
2. Volume Delta creates a green bar. (Positive number)
3. The 14 period RSI crosses the 9 SMA to the upside and maintains the threshold
Note: A cross is mandatory. Touch is NOT considered a cross.
Sell Entry Signal
A Sell signal will be generated when:
4. A bearish engulfing candle is created.
5. Volume Delta creates a red bar. (Negative number) (Threshold =RSI 9 EMA - RSI)
6. The 14 period RSI crosses the 9 SMA to the downside and maintains the threshold
Note: A cross is mandatory. Touch is NOT considered a cross.
Very simple logic. Anyone who knows pinescript should not take more than 3-4 hrs.
1. RSI Length
2. RSI EMA length
3. SL Offset (in increments of .25)
4. RSI Threshold.......5-5 floating number (Threshold = RSI-RSI 9 EMA)
Buy Entry Signal
A buy signal will be generated when:
1. A bullish engulfing candle is created.
2. Volume Delta creates a green bar. (Positive number)
3. The 14 period RSI crosses the 9 SMA to the upside and maintains the threshold
Note: A cross is mandatory. Touch is NOT considered a cross.
Sell Entry Signal
A Sell signal will be generated when:
4. A bearish engulfing candle is created.
5. Volume Delta creates a red bar. (Negative number) (Threshold =RSI 9 EMA - RSI)
6. The 14 period RSI crosses the 9 SMA to the downside and maintains the threshold
Note: A cross is mandatory. Touch is NOT considered a cross.
Very simple logic. Anyone who knows pinescript should not take more than 3-4 hrs.