RSI inclination
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I would like to create a condition where it is possible to identify the trend or inclination of the RSI.
For example.
Authorize sale entry if the RSI has a 50% downward slope.
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How do you measure this 50% slope? What is the candle period?
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I imagine it could be when observing the previous condition, for example:
Some condition must monitor the RSI slope, it is in the straight position at 0%.
If it moves downwards it becomes negative, for example, -10% and as it tilts more it determines the strength of the movement and would mean more% increase.
If it moves upwards it becomes positive, 10% and as it tilts more this determines the strength of the movement and would mean more% increase. -
So we are comparing RSI of last candle, and RSI of the candle before that? Just take the difference between them?
RSI (ID1) - RSI (ID2)
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@roar said in RSI inclination:
So we are comparing RSI of last candle, and RSI of the candle before that? Just take the difference between them?
RSI (ID1) - RSI (ID2)
Yes, that's exactly what I wanted to understand.
But how can I create this condition saying:
RSI candle id0 value> RSI candle id1 value -
