OPEN-SOURCE SCRIPT

Strategy- Double Decker RSI

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This Strategy was LIVE coded during a webinar conducted by the author on 16-Jan-21 titled Backtesting in Tradingview. The system is named "Double Decker RSI".

The rules of this strategy are:

  • LONG - RSI(5)>70 and RSI(14)>50 -- EXIT: RSI(5)<55
  • SHORT - RSI(5)<40 and RSI(14)<50 -- EXIT: RSI(5)>45


Instrument - BANKNIFTY - 1 HR Chart

The code is open source for you to edit and make changes as needed. For details on the strategy and webinar, you can refer to the website in signature of this strategy.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.