OPEN-SOURCE SCRIPT
已更新 RSI V Pattern strategy

This strategy based on RSI for swing trading or short term trading
Strategy Rules
=============
LONG
1. ema20 is above ema50 --- candles are colored green on the chart
2. RSI value sharply coming up
previous candle1 low is previous candle2 low and previous candle1 RSI value is less than previous candle2
current candle RSI value is greater than previous candle1 and crossing above 30
above which makes a V shape on RSI indicator, colored in yellow on the chart , price bar is colored in yellow
3. Enter Long when the above V pattern occurs
EXIT LONG
1. when the RSI reaches 70 , close half position and move stop loss to up
2. when RSI reaches high value 90, close 3/4 position
3. when RSI crossing below 10 OR stopLoss hit , whichever happens first , close whole position
Note : take profit levels are colored in blue on RSI and Price candles
I have tested SPY , QQQ on daily chart , performance results are with 80% win rate and more than 3 profit factor
Happy Trading
Strategy Rules
=============
LONG
1. ema20 is above ema50 --- candles are colored green on the chart
2. RSI value sharply coming up
previous candle1 low is previous candle2 low and previous candle1 RSI value is less than previous candle2
current candle RSI value is greater than previous candle1 and crossing above 30
above which makes a V shape on RSI indicator, colored in yellow on the chart , price bar is colored in yellow
3. Enter Long when the above V pattern occurs
EXIT LONG
1. when the RSI reaches 70 , close half position and move stop loss to up
2. when RSI reaches high value 90, close 3/4 position
3. when RSI crossing below 10 OR stopLoss hit , whichever happens first , close whole position
Note : take profit levels are colored in blue on RSI and Price candles
I have tested SPY , QQQ on daily chart , performance results are with 80% win rate and more than 3 profit factor
Happy Trading
版本注释
bar color issue fixedon RSI , V pattern displayed
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开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。