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I'm trying to figure out if it's possible to do something with an existing pine script.

Using the 15 minute chart, I want the buy/sell signals to generate only when the 4 hour RSI is above 45 and the 8 hour RSI is below 60.

Is this possible?

Thanks in advance for any help :)

study(title="8EMA", shorttitle="8EMA", overlay = true)

EMA1 = input(8, minval=1, title="EMA1")
EMA2 = input(13, minval=1, title="EMA2"),
EMA3 = input(21, minval=1, title="EMA3")
EMA4 = input(34, minval=1, title="EMA4"),
EMA5 = input(55, minval=1, title="EMA5")
EMA6 = input(89, minval=1, title="EMA6")
EMA7 = input(144, minval=1, title="EMA7")
EMA8 = input(233, minval=1, title="EMA8")

plot(ema(close, EMA1), color=green, linewidth=2)
plot(ema(close, EMA2), color=white, linewidth=2)
plot(ema(close, EMA3), color=gray, linewidth=2)
plot(ema(close, EMA4), color=blue, linewidth=2)
plot(ema(close, EMA5), color=red, linewidth=2)
plot(ema(close, EMA6), color=orange, linewidth=2)
plot(ema(close, EMA7), color=yellow, linewidth=2)
plot(ema(close, EMA8), color=purple, linewidth=2)

leftBars = input(4)
rightBars = input(2)

swh = pivothigh(leftBars, rightBars)
swl = pivotlow(leftBars, rightBars)

swh_cond = not na(swh)

hprice = 0.0
hprice := swh_cond ? swh : hprice[1]

le = false
le := swh_cond ? true : (le[1] and high > hprice ? false : le[1])

swl_cond = not na(swl)

lprice = 0.0
lprice := swl_cond ? swl : lprice[1]


se = false
se := swl_cond ? true : (se[1] and low < lprice ? false : se[1])

// Filter out signals if opposite signal is also on
se_filtered = se and not le
le_filtered = le and not se

// Filter consecutive entries 
prev = 0
prev := se_filtered ? 1 : le_filtered ? -1 : prev[1]

se_final = se_filtered and prev[1] == -1
le_final = le_filtered and prev[1] == 1

plotshape(se_final, color=green, text = "BUY", style=shape.triangleup,location=location.belowbar)
plotshape(le_final, color=red, text = "SELL", style=shape.triangledown,location=location.abovebar)

alertcondition(se_final, "BUY-Autoview", "")
alertcondition(le_final, "SELL-Autoview", "")```
trv202222
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1 Answers1

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You can request data from other timeframes using the security() function.

//@version=5
indicator("request.security")
expr = ta.rsi(close, 14)
s1 = request.security(syminfo.tickerid, "240", expr) // 240 Minutes
plot(s1)
vitruvius
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  • Thanks @vitruvius ! I assume to use the RSI values as a filter the buy signal would look like "se_final = se_filtered and prev[1] == -1 and s1 > 45"? Then I could add the 8 hour RSI as 's2' and the sell signal would be "le_final = le_filtered and prev[1] == 1 and s2 < 60" ? Does that look correct? It seems to work on the chart. Really appreciate the help :) – trv202222 Jun 27 '22 at 20:48
  • Sorry, just realised the error there. It should have been "se_final = se_filtered and prev[1] == -1 and s1 > 45 and s2 < 60" + "le_final = le_filtered and prev[1] == 1" – trv202222 Jun 28 '22 at 08:00