Simple strategy that buy and sell when RSI is under/above a given thresholds. Take profit is set to $3. Beware this strategy doesn't work with other assets.
Request for Khizon01:
corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart.
added option to just open buy trades or sell trades separately and close were previously swing trade occur.
added plot titles.
A popular strategy which combines Average Directional Index and RSI. In this version, we coded for only LONG entries and exits.
Created by Shanghai Reed Asset Management Co., Ltd.
P2-V2 also known as Penner2.0 began with a TEMA and MA cross on Heiken Ashi, a strategy brought to us by a group of crypto traders. Since then we've added a few more indicators and played around with the rules.
This is an early release as I have yet to go through the full automation aspect, however, I know some of you would like to see where it's at.
If you'd...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs).
The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal.
Backtest period = 09/17/1916 - 11/02/2015
Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR
Algorithm = net...
Hey everyone,
Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along...
This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20).
This simple strategy only triggers when both the RSI and the Stochastic are together in a...
Good Morning,
Republishing this in the script section to make the code visible to everyone. This strategy is based on Chris Moody's RSi(2) indicator. Good success rate on SPY. Again, this is for educational purposes only .
cheers
Algo
![EURUSD: [STRATEGY][RS]MarxBabu 4 Oscillators V0](https://s3.tradingview.com/j/jG5QmbAr_mid.png "[STRATEGY][RS]MarxBabu 4 Oscillators V0")
![DWTI: [RS]Khizon (DWTI) Strategy V0](https://s3.tradingview.com/l/lBUPkGLN_mid.png "[RS]Khizon (DWTI) Strategy V0")
![FB: [ZL] ADX+RSI (Long Entries and Exits only)](https://s3.tradingview.com/y/yilKCdIg_mid.png "[ZL] ADX+RSI (Long Entries and Exits only)")
