OPEN-SOURCE SCRIPT

K`s Extreme Duration

Extreme duration uses a special combination of the RSI and its relative position to deliver a reversal signal.

The following are the conditions to generate signals:

* Bullish signal: The current 8-period RSI is below 50 and above 35 while the previous 5 RSI's are below 35.
* Bearish signal: The current 8-period RSI is above 50 and below 65 while the previous 5 RSI's are above 65.
Centered Oscillatorsextremeforecastingindicatorsmarketsmoving_averageOscillatorsRelative Strength Index (RSI)reversal

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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