OPEN-SOURCE SCRIPT
Crypto - Relative Strength Strategy - Long
Crypto - Relative Strength Strategy (Long Only, $100 Buy)
Overview
The "Crypto - Relative Strength Strategy (Long Only, $100 Buy)" is a trading strategy designed to capitalize on the relative strength of a cryptocurrency compared to its historical price movements. This strategy is tailored for long-only positions, meaning it only enters buy trades and exits when the strength indicator turns negative.
Key Features
Relative Strength Calculation: The strategy uses a custom function to calculate the relative strength of the cryptocurrency based on its performance against several moving averages (EMA 8, EMA 34, SMA 20, SMA 50, and SMA 200).
Long-Only Positions: The strategy exclusively enters long positions when the relative strength indicator turns positive.
Fixed $100 Buy Amount: Each time a buy signal is triggered, the strategy purchases $100 worth of the cryptocurrency.
Sell Signals: The strategy closes the entire position when the relative strength indicator turns negative.
Backtesting Date Range: Users can specify a custom date range for backtesting using the input.time function.
Visual Indicators: Green and red areas represent positive and negative strength. Minimal buy and sell signals are plotted on the chart.
Overview
The "Crypto - Relative Strength Strategy (Long Only, $100 Buy)" is a trading strategy designed to capitalize on the relative strength of a cryptocurrency compared to its historical price movements. This strategy is tailored for long-only positions, meaning it only enters buy trades and exits when the strength indicator turns negative.
Key Features
Relative Strength Calculation: The strategy uses a custom function to calculate the relative strength of the cryptocurrency based on its performance against several moving averages (EMA 8, EMA 34, SMA 20, SMA 50, and SMA 200).
Long-Only Positions: The strategy exclusively enters long positions when the relative strength indicator turns positive.
Fixed $100 Buy Amount: Each time a buy signal is triggered, the strategy purchases $100 worth of the cryptocurrency.
Sell Signals: The strategy closes the entire position when the relative strength indicator turns negative.
Backtesting Date Range: Users can specify a custom date range for backtesting using the input.time function.
Visual Indicators: Green and red areas represent positive and negative strength. Minimal buy and sell signals are plotted on the chart.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
想在图表上使用此脚本？
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。