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RSI Reversal Pure

What it is
A minimalist overlay for very short-term crude-oil plays. It waits for RSI to reach an extreme, snap back through a user-defined level and then prints a single arrow. A built-in timer starts immediately; when the clock runs out the trade is marked “✓” or “✗” and the scoreboard updates. What you see on the chart • One arrow at a time – no clutter, no repainting. • A label that follows price and shows entry price, live P&L and the seconds left on the clock. • Optional background tint the moment a signal is generated or the timer expires. • A two-column table (lifetime vs. today) that tracks hit-rate, average return, longest winning/losing streak and current draw-down. Core ideas under the hood (no formulas) 1. Pure reversal – the arrow only fires when RSI crosses back through an oversold/overbought threshold. 2. Location check – an optional slow-moving average keeps you on the right side of the prevailing drift. 3. Volume sanity – Chaikin Money Flow must agree (can be switched off). 4. Momentum gate – MACD can be added as an extra hurdle. 5. Self-audit – every arrow is followed for N seconds, graded, and stored so the script displays a live report card instead of a beauty picture. User knobs you can turn without touching code • RSI length and the two extreme levels. • Timer length – default is 10 minutes but you can set anything from 1 min to several hours. • Trend filter – disable for counter-trend scalps or enable to stay with the bigger drift. • Chaikin and MACD on/off – use either, both or none. • Visual prefs – toggle arrows, labels, background flashes and the statistics table. Typical workflow 1. Drop the indicator on a 1- or 5-minute crude-oil chart. 2. Wait for an arrow that agrees with your session bias (London, New-York, API, etc.). 3. Use the timer as a built-in exit rule or as a back-stop for your own target/stop. 4. Watch the scoreboard for a few sessions; if the win-rate stays above your personal threshold you can gradually increase size, if it drops you re-calibrate or pause. No secret sauce – just a disciplined RSI reversal timer that prints its own homework.
A minimalist overlay for very short-term crude-oil plays. It waits for RSI to reach an extreme, snap back through a user-defined level and then prints a single arrow. A built-in timer starts immediately; when the clock runs out the trade is marked “✓” or “✗” and the scoreboard updates. What you see on the chart • One arrow at a time – no clutter, no repainting. • A label that follows price and shows entry price, live P&L and the seconds left on the clock. • Optional background tint the moment a signal is generated or the timer expires. • A two-column table (lifetime vs. today) that tracks hit-rate, average return, longest winning/losing streak and current draw-down. Core ideas under the hood (no formulas) 1. Pure reversal – the arrow only fires when RSI crosses back through an oversold/overbought threshold. 2. Location check – an optional slow-moving average keeps you on the right side of the prevailing drift. 3. Volume sanity – Chaikin Money Flow must agree (can be switched off). 4. Momentum gate – MACD can be added as an extra hurdle. 5. Self-audit – every arrow is followed for N seconds, graded, and stored so the script displays a live report card instead of a beauty picture. User knobs you can turn without touching code • RSI length and the two extreme levels. • Timer length – default is 10 minutes but you can set anything from 1 min to several hours. • Trend filter – disable for counter-trend scalps or enable to stay with the bigger drift. • Chaikin and MACD on/off – use either, both or none. • Visual prefs – toggle arrows, labels, background flashes and the statistics table. Typical workflow 1. Drop the indicator on a 1- or 5-minute crude-oil chart. 2. Wait for an arrow that agrees with your session bias (London, New-York, API, etc.). 3. Use the timer as a built-in exit rule or as a back-stop for your own target/stop. 4. Watch the scoreboard for a few sessions; if the win-rate stays above your personal threshold you can gradually increase size, if it drops you re-calibrate or pause. No secret sauce – just a disciplined RSI reversal timer that prints its own homework.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
نص برمجي محمي
تم نشر هذا النص البرمجي كمصدر مغلق. ومع ذلك، يمكنك استخدامه بحرية ودون أي قيود - تعرف على المزيد هنا.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.