PROTECTED SOURCE SCRIPT
업데이트됨 Algo Trader RSI 3/80/20 Strategy

This script is based one a simple , yet very powerful strategy.
Script monitors the candle bar formation and RSI indicator (3/80/20).
15 minutes time frame to be used for better result.
Buy call is triggered when the following conditions are met:
1. Two Bullish Candles one after another.
2. Latest close is higher than previous candle high.
3. Latest RSI value is higher than 80.
SELL call is triggered when the following conditions are met:
1. Two Bearish Candles one after another.
2. Latest close is lower than previous candle low.
3. Latest RSI value is lower than 20.
** When the candles formed are too weak or too strong, such formations are avoided.
Stop Loss will be triggered as follow:
BUY - Stop Loss will be previous candle LOW.
SELL - Stop Loss will be previous candle HIGH.
This strategy is expected to give a winning ratio of 1:2 or 1:1.5.
However BUY or SELL call to be avoided, if the stock is already shifted too much to its direction.
This tool is created and tested for INDIAN Share market (NSE,BSE,MCX).
Script monitors the candle bar formation and RSI indicator (3/80/20).
15 minutes time frame to be used for better result.
Buy call is triggered when the following conditions are met:
1. Two Bullish Candles one after another.
2. Latest close is higher than previous candle high.
3. Latest RSI value is higher than 80.
SELL call is triggered when the following conditions are met:
1. Two Bearish Candles one after another.
2. Latest close is lower than previous candle low.
3. Latest RSI value is lower than 20.
** When the candles formed are too weak or too strong, such formations are avoided.
Stop Loss will be triggered as follow:
BUY - Stop Loss will be previous candle LOW.
SELL - Stop Loss will be previous candle HIGH.
This strategy is expected to give a winning ratio of 1:2 or 1:1.5.
However BUY or SELL call to be avoided, if the stock is already shifted too much to its direction.
This tool is created and tested for INDIAN Share market (NSE,BSE,MCX).
릴리즈 노트
Terms used to define Stop Loss updated for easy understanding (Settings).보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.