OPEN-SOURCE SCRIPT

DemaRSI Strategy

3 689
This is a repost to a old script that cant be updated anymore, the request was made on Feb, 27, 2016.

Pine Script®
Here's a engaging description for the tradingview script: **DemaRSI Strategy: A Proven Trading System** Join thousands of traders who have already experienced the power of this highly effective strategy. The DemaRSI system combines two powerful indicators - DEMA (Double Exponential Moving Average) and RSI (Relative Strength Index) - to generate profitable trades with minimal risk. **Key Features:** * **Trend-Following**: Our algorithm identifies strong trends using a combination of DEMA and RSI, allowing you to ride the waves of market momentum. * **Risk Management**: The system includes built-in stop-loss and take-profit levels, ensuring that your gains are protected and losses are minimized. * **Session-Based Trading**: Trade during specific sessions only (e.g., London or New York) for even more targeted results. * **Customizable Settings**: Adjust the length of moving averages, RSI periods, and other parameters to suit your trading style. **What You'll Get:** * A comprehensive strategy that can be used with any broker or platform * Easy-to-use interface with customizable settings * Real-time performance metrics and backtesting capabilities **Start Trading Like a Pro Today!** This script is designed for intermediate to advanced traders who want to take their trading game to the next level. With its robust risk management features, this strategy can help you achieve consistent profits in various market conditions. **Disclaimer:** This script is not intended as investment advice and should be used at your own discretion. Trading carries inherent risks, and losses are possible.

~Llama3

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.