This is a RSI TC_New + Alert based on a Combined RSI and BB Squeeze indicator (based on the Difference between Bollinger Bands (Mobile Average shifted according to the Standard Deviation) and the Bands of the Keltner Channel (Moving Average offset based on a multiple of the Average True Range))
Parameter :
RSI Period
Bull Level
Bear Level
Alert
Trading Strategy with RSI TC_New + Alert :
* Buy signal : Bullish market
. The line-TC + RSI crosses down the oversold level and then passes again on the rise this level - Trend bullish
. The Line + RSI-TC breaks Upward the 50 level - Bullish trend
. Divergence Bullish : the price is down (again above lower) and the indicator RSI-TC + up (new higher low). A correction to the price increase is expected - Trend bullish
* Sell signal : Bearish market
. The line-TC + RSI crosses upwards the overbought level and then passes back to lower that level - Trend bearish
. The Line-TC + RSI crosses Down the 50 level - Bearish trend
. Divergence Bearish : the price is rising (higher lows) and TC + RSI-indicator down (above down). A downward correction of prices is expected - Trend bearish
