StochRSI and RSI Strategy
This is a strategy that is based around using the general value of the RSI to determine the trend and then using the Stoch RSI to pick and entry point.
It also uses the RSI to determine a profit taking point or exit point from the trade.
This version doesn't have a stop loss other than the signal to trade the opposing direction. Therefore it is more effective in higher trading time frames like Daily and Weekly.
I have also added the function of selecting the time frame for which the strategy is applied to.
It also uses the RSI to determine a profit taking point or exit point from the trade.
This version doesn't have a stop loss other than the signal to trade the opposing direction. Therefore it is more effective in higher trading time frames like Daily and Weekly.
I have also added the function of selecting the time frame for which the strategy is applied to.
版本注释:
I've added a stop loss function to the strategy using JayRogers's "Strategy Code Example - Risk Management" script.
NB: Be aware that while the strategy tester shows a very positive result by back testing it doesn't mean it will have the same results in the future.
I created this strategy for my own personal coding education and it shouldn't be used as financial advice.
NB: Be aware that while the strategy tester shows a very positive result by back testing it doesn't mean it will have the same results in the future.
I created this strategy for my own personal coding education and it shouldn't be used as financial advice.
版本注释:
Minor fixes.