OPEN-SOURCE SCRIPT
RSI + MACD Long-Only Strategy

RSI + MACD Long-Only Strategy
Overview: Momentum-based, long-only strategy combining RSI and MACD. Entries favor upside momentum; exits trigger on momentum fades or risk targets. Signals are state-gated so you get one exit per entry (no multiple exits without a prior entry).
Entry conditions:
RSI crosses above the midline (default 50) while MACD is bullish (MACD > Signal, optionally MACD > 0), OR
MACD crosses above its Signal while RSI is at/above the midline.
Optional filters:
EMA trend filter: only enter if price > EMA(n).
Oversold context: only enter within N bars after RSI dipped below the oversold threshold.
Exit conditions:
RSI crosses below the midline, OR
MACD crosses below its Signal with MACD histogram ≤ 0.
Optional risk exit: Take Profit / Stop Loss based on percentage from average entry price.
Risk management:
Inputs: Use TP/SL (on/off), TP% (default 3.0), SL% (default 1.5).
Implements protective strategy.exit (limit/stop) while in position.
Signal-based exit uses strategy.close to flatten.
Position management:
Long-only, no pyramiding (single position at a time).
Internal state ensures entries occur only when flat and exits only when in a position.
Inputs you can tune:
RSI: length, overbought, oversold, midline.
MACD: fast length, slow length, signal length; toggle “Require MACD > 0”.
Signals: oversold lookback window; EMA trend on/off and EMA length.
Risk: TP% and SL%.
Visuals: show entry/exit markers, bar coloring; optional debug background on raw triggers.
Visuals and alerts:
Plots EMA (optional), draws entry/exit markers, optional bar coloring, and a faint background on raw long triggers to aid tuning.
Alert conditions provided for entries and exits.
Notes:
Designed for bar-close evaluation; performance varies by symbol/timeframe—tune inputs accordingly.
Long-only; intended for trend-following momentum with basic risk control.
Not financial advice.
Overview: Momentum-based, long-only strategy combining RSI and MACD. Entries favor upside momentum; exits trigger on momentum fades or risk targets. Signals are state-gated so you get one exit per entry (no multiple exits without a prior entry).
Entry conditions:
RSI crosses above the midline (default 50) while MACD is bullish (MACD > Signal, optionally MACD > 0), OR
MACD crosses above its Signal while RSI is at/above the midline.
Optional filters:
EMA trend filter: only enter if price > EMA(n).
Oversold context: only enter within N bars after RSI dipped below the oversold threshold.
Exit conditions:
RSI crosses below the midline, OR
MACD crosses below its Signal with MACD histogram ≤ 0.
Optional risk exit: Take Profit / Stop Loss based on percentage from average entry price.
Risk management:
Inputs: Use TP/SL (on/off), TP% (default 3.0), SL% (default 1.5).
Implements protective strategy.exit (limit/stop) while in position.
Signal-based exit uses strategy.close to flatten.
Position management:
Long-only, no pyramiding (single position at a time).
Internal state ensures entries occur only when flat and exits only when in a position.
Inputs you can tune:
RSI: length, overbought, oversold, midline.
MACD: fast length, slow length, signal length; toggle “Require MACD > 0”.
Signals: oversold lookback window; EMA trend on/off and EMA length.
Risk: TP% and SL%.
Visuals: show entry/exit markers, bar coloring; optional debug background on raw triggers.
Visuals and alerts:
Plots EMA (optional), draws entry/exit markers, optional bar coloring, and a faint background on raw long triggers to aid tuning.
Alert conditions provided for entries and exits.
Notes:
Designed for bar-close evaluation; performance varies by symbol/timeframe—tune inputs accordingly.
Long-only; intended for trend-following momentum with basic risk control.
Not financial advice.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.