Created by TheMightyChicken
Based on Larry Connors RSI-2 Strategy - Lower RSI edited by ChrisMoody
Based on Larry Connors RSI-2 Strategy - Lower RSI edited by ChrisMoody
//Created by TheMightyChicken //Based on Larry Connors RSI-2 Strategy - Lower RSI edited by ChrisMoody study(title="Marsi Strategy [TheMightyChicken]", shorttitle="MarsiStrategy", overlay=false) src = close, //RSI Code up = rma(max(change(src),0),2) down = rma(-min(change(src),0),2) rsi = down==0 ? 100 : up==0 ? 0 : 100 - (100/(1+up/down)) //MA Code ma5 = sma(close,5) ma200= sma(close,200) //Color Code col = close>ma200 and close<ma5 and rsi<10 ? red : close<ma200 and close>ma5 and rsi>90 ? green : silver //Graphics Code line100 = plot(100, title="Upper Line 100",style=line, linewidth=1, color=silver) line90 = plot(90, title="Lower Line 90",style=line, linewidth=1, color=silver) line10 = plot(10, title="Upper Line 10",style=line, linewidth=1, color=silver) line0 = plot(0, title="Lower Line 0",style=line, linewidth=1, color=silver) fill(line90, line10, black, transp=95) plot(rsi, title="RSI Line", style=line, linewidth=2,color=col) plot(rsi, title="RSI Dots", style=circles, linewidth=3,color=col)