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ADX-RSI Rainor

This is a strategy based on the RSI and ADX indicators, used together to output an input and output signal from the trade.
Within the parameters we can identify the length and tolerance of each indicator separately, the length is due to the basic parameter in each of the indicators, on the other hand the tolerance is a threshold where it is determined when it is overbought / oversold in RSI and in ADX is the minimum value for the strategy to consider strength in the trend
the entry strategy is when it is above the thresholds in the 2 indicators and the exit with profit is when the force is less than the ADX threshold
As a note on the RSI threshold, it is considered as follows: oversold is from 0 to the threshold and overbought is from 100 to 100-threshold. Therefore if we take the default value (42) the neutral zone is from 42 to 58
I hope you liked it, if so you can support me with some observation or a like
Within the parameters we can identify the length and tolerance of each indicator separately, the length is due to the basic parameter in each of the indicators, on the other hand the tolerance is a threshold where it is determined when it is overbought / oversold in RSI and in ADX is the minimum value for the strategy to consider strength in the trend
the entry strategy is when it is above the thresholds in the 2 indicators and the exit with profit is when the force is less than the ADX threshold
As a note on the RSI threshold, it is considered as follows: oversold is from 0 to the threshold and overbought is from 100 to 100-threshold. Therefore if we take the default value (42) the neutral zone is from 42 to 58
I hope you liked it, if so you can support me with some observation or a like
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.