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Reversal Signal avec TICK + RSI

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This indicator is a potential reversal indicator for SCALPING, don't use it for swing. It's base on TICK and on an overbrought/oversold condition of the RSI. You can play with the setting, typicaly I like my TICK to be over reacting an 800/-800 and my rsi over 20 and 80, but it give not enough signal. So I set the TICK signal at 651/-651 and the RSI at 25/75. This indicator is made for SP500 and Nasdaq, so SPY/QQQ/SPX/ES/NQ should work well. It's the first version of it, so maybe I'll add so more data to it to increase signal and lower false one. For now I've test it on live market yet(26/7/25).

The RSI is Fast(5 period), I like to use it on the 1 or 5 min chart.

Please not that it only work during 9h30am to 4pm EST.(Because of the TICK)

Feel free to try and even comment. Don't be harsh on me, it's my first try!
(Sorry for my 'english' it's not my first language)

FAUCON

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