OPEN-SOURCE SCRIPT
Fetch Buy And Hold Strategy

This script was created as an experiment using ChatGPT. I actually woudn't recommend using the ai program to help you with your Pinescripts, as it makes a fair amount of mistakes. It was a fun experiment however.
The script is a simple buy and hold tool. Here's what it does:
- Everytime the rsi enters below the set treshold, a counter increases.
- The second increase of the counter happens when the price goes above the treshold, and then dips below the treshold again.
- The program would fire off a buy signal when the counter hits the number 3.
- After the buy. the counter will reset.
Lets take a look at the following example where the rsi treshold is 30:
- So the rsi dips below 30 and the initial counter is set from 0 to 1.
- The price rises which brings the rsi back to 40.
- Then another dip happens and the rsi is now 25, increasing the counter from 1 two.
- Rsi now dips to 23 and nothing happens.
- Rsi goes back up to 31, and dips back to 28 which puts the counter at 3. A buy singal is now fired and the counter is set to 0.
The script is a simple buy and hold tool. Here's what it does:
- Everytime the rsi enters below the set treshold, a counter increases.
- The second increase of the counter happens when the price goes above the treshold, and then dips below the treshold again.
- The program would fire off a buy signal when the counter hits the number 3.
- After the buy. the counter will reset.
Lets take a look at the following example where the rsi treshold is 30:
- So the rsi dips below 30 and the initial counter is set from 0 to 1.
- The price rises which brings the rsi back to 40.
- Then another dip happens and the rsi is now 25, increasing the counter from 1 two.
- Rsi now dips to 23 and nothing happens.
- Rsi goes back up to 31, and dips back to 28 which puts the counter at 3. A buy singal is now fired and the counter is set to 0.
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。
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。