DCA Strategy

Core Functionality:
Buy Signal: A buy signal is generated when a bullish (green) Heikin Ashi candle appears after a bearish (red) one, indicating a potential reversal in a downtrend. Additionally, the RSI must be below a user-defined threshold (default: 85) to prevent buying overbought assets.
Sell Signal: The strategy exits the trade when the RSI surpasses the user-defined exit level (default: 85), suggesting the asset might be overbought.
Backtesting Flexibility: Users can customize the backtesting period by specifying the start and end years.
Key Advantages:
- Trend-Following: Designed specifically for uptrending assets, aiming to capture profitable price movements.
- Dynamic RSI Integration: The RSI indicator helps refine entry signals by avoiding overbought situations.
- User-Defined Parameters: Allows customization of exit thresholds and backtesting periods to suit individual trading preferences.
- Commission and Slippage: The script factors in realistic commission fees (0.1%) and slippage (2%) for a more accurate backtesting experience.
- Beats Buy-and-Hold: Backtesting suggests this strategy outperforms a simple buy-and-hold approach in uptrending markets.
Overall, the DCA Strategy offers a valuable approach for traders seeking to capitalize on long opportunities in trending markets with the help of Heikin Ashi candles and RSI confirmation.
- Increased default weekly RSI to 90
- Increased the default quantity
- Added an additional bearish Heikin Ashi candle check before an entry
- Updated RSI to use the Heikin Ashi close
- Adjusted the entry and exit RSI values
- Added ability to exit partially from an asset in percentage terms (default is 50%);
- Updated exit logic: exit when the RSI crosser under the specified value, instead of just being higher than the specified value.
- Removed additional entry check
- Added automatic exit calculation
- Added ability to set custom RSI exit value
- Added ability to close all trades at specific time
Skrip sumber terbuka
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Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.
Penafian
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Untuk akses pantas pada carta, tambah skrip ini kepada kegemaran anda — ketahui lebih lanjut di sini.