PROTECTED SOURCE SCRIPT

RSI Bands With RSI - ATR Trend Strategy

41
RSI Bands With RSI-ATR Trend Line Strategy

Overview
A trend-following strategy that combines RSI regime detection with a smoothed baseline and ATR bands. Works similar to Supertrend: the line flips bullish or bearish only when price closes beyond the band, aiming to filter noise and catch clean moves.

How It Works

RSI above 50 = bullish bias, below 50 = bearish bias

A dynamic baseline is calculated from RSI and price range, then smoothed

ATR bands expand/contract with volatility

Close above the upper band → bullish flip → long entry

Close below the lower band → bearish flip → short entry

Between bands → prior trend continues

Features

Automatic Buy/Sell entries on confirmed flips

Configurable RSI, Smoothing, ATR, and Multiplier inputs

Visual trend line (green = bull, red = bear)

Backtest ready with initial capital and commission settings

Best Use Cases

Trending markets across Forex, Crypto, Indices, Commodities

Works on multiple timeframes (higher TFs = cleaner flips)

Flexible settings for conservative swing trading or aggressive scalping

⚠️ For testing/education only. Always manage risk and confirm with higher-timeframe or structure filters.

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.