OPEN-SOURCE SCRIPT

PlanB Quant Investing 101 v2

This script has been Inspired by PlanB Article Quant Investing 101.

With this script, I implemented Plan B strategy outlined in that article, trying to reproduce his findings independently and allowing TradeView Users to do the same.

PlabB is aware of this effort, and he's positive about it, via Twitter commenting, liking and sharing of this resource .

Trading Idea:
This script uses RSI index to determine the Buy And Sell signal.

As per the original PlanB article:

IF ( RSI was above 90% last six months AND drops below 65%) THEN sell,
IF ( RSI was below 50% last six months AND jumps +2% from the low) THEN buy, ELSE hold

My simple code is aimed at replicating his study in Pine so that every TV user can check his signal.
Bitcoin (Cryptocurrency)CryptocurrencyeducationalplanbRelative Strength Index (RSI)

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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