This is one of many new strategies coming soon which were seen on Trade Rush This one is the ADX / RSI Strategy seen here: https:youtube.com/watch?v=uSkGE0ujyn4
While the strategy has been modified slightly to use the DMI instead of the ADX, the core of the strategy is essentially the same Long signals are generated when the RSI is above 70, close is above the 200EMA, and the ADX is above 25 (added is the plus DMI over 25 and minus DMI below 20)
Stop loss is placed below /above the 21 EMA, however, there is a deviation required to ensure price is not too close to where a stop loss would be placed.
Short signals are generated when the RSI is below 30, close is below the 200EMA, and the ADX is above 25 (added is the minus DMI over 25 and plus DMI below 20) I do not recommend using this strategy but I have provided this code for educational purposes.
Thanks!
Let me know which strategy you'd like coded next in the comments below.
版本注释
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Fixed ADX strategy settings (More Sensitive didn't do anything) and added a "Less Sensitive" option.
Hi Anyone can help why it didn't appeared on chart when added. Thank you
swapnilmali999
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Hello, I am using same kind of setup where buy entry is , 5 ema crosses 13 EMA and 26 EMA upward, RSI above 60 , DMI (7,7) = +DI crossing -DI and ADX is above 20 , MACD crossing signal line upward and histogram is positive. sell setup is 5 ema crosses 13 EMA and 26 EMA downward, . RSI below 40 , DMI (7,7) = -DI crossing +DI and ADX is above 20 , MACD crossing signal downward and histogram is negative.
i tried to build this in pine script for back testing but failed. can you please help me to write the script ? it would be very helpful for me.
ovelix
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Hi, thank you. Does this strategy involve repainting?
iBoss
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Why don't you want people using the strategy?
AlanKa
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Good morning friend. I need to test the Vortex indicator with tp and Sl based on the ATR.
you are able to help me?
gmeneguzzo
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Very interesting and useful work ,thank you.
UnknownUnicorn20967364
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@gmeneguzzo, thanks! Be sure to check out the MACD Strategy by Trade Rush as well on my profile.
Anyone can help why it didn't appeared on chart when added.
Thank you