SD_Bull_Bear_Engulfing_Rsi_SdThis strategy combines the idea of a bullish or bearish candle engulfing coupled with standard deviation (a 100% increase or a 50% decrease). The exit condition is placed if the percentage increase is achieved or 35<rsi<65.
The strategy requires refinement so please test the script and let know what can be incorporated to improve the efficiency.
相对强弱指数(RSI)
RSI-candlestick StrategyThe script follows a modified rsi strategy and orders are placed if a candlestick pattern is identified in the current or previous candle.
(For optimized results you can add or remove the strategy entry and exits based on the chart you wish to apply the script to).
RSI Strategy - TannerHello everyone, this is my first script on TV. I have done some research on cryptocurrency strategies and much of which has been in technical indicators by combining trend and momentum analysis together. Pine Script is quite a difficult language to learn as opposed to Python.
Anyways, I made some adjustments for the RSI strategy to include a stop loss/take profit and added indicators upon the first initial overbought and oversold levels(70 and 30 respectively). Please DO give me advice or recommendations. Primarily, I am confused as to what metric the stop loss and take profit parameters are using as they do not change when the values are changed in the input. I am unable to tell whether the strategy repaints. Could someone explain why repainting typically occurs in crossovers?
*DISCLAIMER*
This script is merely to help myself and others learn about the Pine Script language. I would not advise you to use this script for live trading. Thanks!
Stochastic RSI Backtest This strategy used to calculate the Stochastic RSI
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Smoothed RSI Backtest ver.2 This is new version of RSI oscillator indicator, developed by John Ehlers.
The main advantage of his way of enhancing the RSI indicator is smoothing
with minimum of lag penalty.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Smoothed RSI Backtest This is new version of RSI oscillator indicator, developed by John Ehlers.
The main advantage of his way of enhancing the RSI indicator is smoothing
with minimum of lag penalty.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
RSI based on ROC Backtest This is the new-age indicator which is version of RSI calculated upon
the Rate-of-change indicator.
The name "Relative Strength Index" is slightly misleading as the RSI
does not compare the relative strength of two securities, but rather
the internal strength of a single security. A more appropriate name
might be "Internal Strength Index." Relative strength charts that compare
two market indices, which are often referred to as Comparative Relative Strength.
And in its turn, the Rate-of-Change ("ROC") indicator displays the difference
between the current price and the price x-time periods ago. The difference can
be displayed in either points or as a percentage. The Momentum indicator displays
the same information, but expresses it as a ratio.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Reverse Engineering RSI, by Giorgos Siligardos Backtest The related article is copyrighted material from
Stocks & Commodities.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Relative Volatility Index Backtest The RVI is a modified form of the relative strength index (RSI).
The original RSI calculation separates one-day net changes into
positive closes and negative closes, then smoothes the data and
normalizes the ratio on a scale of zero to 100 as the basis for the
formula. The RVI uses the same basic formula but substitutes the
10-day standard deviation of the closing prices for either the up
close or the down close. The goal is to create an indicator that
measures the general direction of volatility. The volatility is
being measured by the 10-days standard deviation of the closing prices.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
Relative Momentum Index Backtest The Relative Momentum Index (RMI) was developed by Roger Altman. Impressed
with the Relative Strength Index's sensitivity to the number of look-back
periods, yet frustrated with it's inconsistent oscillation between defined
overbought and oversold levels, Mr. Altman added a momentum component to the RSI.
As mentioned, the RMI is a variation of the RSI indicator. Instead of counting
up and down days from close to close as the RSI does, the RMI counts up and down
days from the close relative to the close x-days ago where x is not necessarily
1 as required by the RSI). So as the name of the indicator reflects, "momentum" is
substituted for "strength".
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
True Strength Indicator BTCUSD 2HScript based on True Strength Index (TSI) and RSI
A technical momentum indicator that helps traders determine overbought and oversold conditions of a security by incorporating the short-term purchasing momentum of the market with the lagging benefits of moving averages. Generally a 25-day exponential moving average (EMA) is applied to the difference between two share prices, and then a 13-day EMA is applied to the result, making the indicator more sensitive to prevailing market conditions.
!!! IMPORTANT IN ORDER TO AVOID REPAITING ISSUES
!!! USE Chart resolution >= resCustom parameter, suggestion 2H
Yellow zones indicates that you can claim position for better profits even before a claim confirmation.
Dark zones indicates areas where RSI shows overbought and oversold conditions.
BTCUSD
Bollinger + RSI, Double Strategy Long-Only (by ChartArt) v1.2This strategy uses the RSI indicator together with the Bollinger Bands to go long when the price is below the lower Bollinger Band (and to close the long trade when this value is above the upper Bollinger band).
This simple strategy only places a long, when both the RSI and the Bollinger Bands indicators are at the same time in a oversold condition.
In this new version 1.2 the strategy was simplified even more than before by going long-only, which made the strategy more successful in backtesting than the previous version (that older version also opened short trades).
This strategy does not repaint and was updated to PineScript version 3.
All trading involves high risk; past performance is not necessarily indicative of future results. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
P.S. For advanced users: If you want also be able to short with the same strategy approach, then please use my older version 1.1:
Laguerre-based RSI Backtest This is RSI indicator which is more sesitive to price changes.
It is based upon a modern math tool - Laguerre transform filter.
With help of Laguerre filter one becomes able to create superior
indicators using very short data lengths as well. The use of shorter
data lengths means you can make the indicators more responsive to
changes in the price.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.
RSI Binary StrategyAnother basic strategy most people learn at the beginning of their trading carreer (like me) is the RSI strategy. This is an adaptation of the built-in RSI strategy for use in binary options. Who knows, maybe one day i will graduate to CFD trading, but my time for trading in general is limited at the moment and I am very much still at the beginning of this entire topic.
The rather specific values for the RSI bounds and length I saved have been developed for the EURUSD short term (5min.) interval, giving the highest amount of winning vs. loosing trades as of the publishing date of this script, which is the only important factor for binary options in my understanding. Use at your own risk.
Feel free to comment, give me pointers and/or recommendations.
Strategy RSI Backtest The RSI is a very popular indicator that follows price activity.
It calculates an average of the positive net changes, and an average
of the negative net changes in the most recent bars, and it determines
the ratio between these averages. The result is expressed as a number
between 0 and 100. Commonly it is said that if the RSI has a low value,
for example 30 or under, the symbol is oversold. And if the RSI has a
high value, 70 for example, the symbol is overbought.
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
RSI HistoAlert Strategy This simple indicator modified RSI
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
You can change long to short in the Input Settings
Please, use it only for learning or paper trading. Do not for real trading.
JC_MacD_RSI_Candle_Strat_public//
// Author : Jacques CRETINON
// Last Version : V1.0 11-22-2016
//
// Risk disclaimer : Do not use this script in production environment. We assume no liability or responsibility for any damage to you, your computer, or your other property, due to the use of this script.
//
// Purpose of this script :
// 1- use same pine code for strategy or study script (with simple modifications)
// 2- be able to send alerts : enterlong, entershort, exitlong, exitshort, stoplosslong, stoplossshort, takeprofitlong, takeprofitshort in a study script like a strategy script should do
// 3- do not repaint (I HOPE)
//
// RoadMap :
// 1- manage : Trailing Stop Loss and Trailing Stop Loss offset
//
// I use this script :
// 1- with default value for XAUUSD, current chart resolution : 1mn, large timeframe : 15mn.
// 2- That's why I hard code MACD5 (5mn average), MACD15 (15mn average), MACD60 (1h average) ...
// 3- MACD, RSI (1mn and 15mn) and Candles info are my inputs to take any decisions
//
// I do not publish my enterLong, enterShort, exitLong and exitShort conditions (lines 204 to 207 are sample !) as they are not as perfect as I'd like. Fell free to use your own conditions :)
//
// Please, report me any bug, fell free to discuss and share. English is not my natural language, so be clement ;) Happy safe trading :)
Stealthy7 Bayes Conditional RSI Trader StrategyWhat does it do?
This script checks whether RSI movement affects future price.
Trades when probability increases or decreases.
Developed for daily(D) bars and Bitcoin. This script is just a toy and for educational use.
Please rent my bots at cryptotrader.org/?r=51
[STRATEGY][UL]QQE Cross v1.1Updated by request: this is a "Strategy" trading version of the "QQE Cross Indicator Alert v2.0 by JustUncleL" (which is mainly for Binary Options trading), the same BUY/SELL signals are used to generate trade entry and exit conditions. Thanks again to JayRogers for making the Strategy risk management easier to understand and implement.
In this update I have added "Take Profit" option and cleaned up the risk management code. Also changed the close BUY/SELL order if EMA20 direction changes rather the next BUY/SELL opposite signal, making the close earlier.
BE ADVISED TO USE AT YOUR OWN RISK, even though back testing has shown good results, I don't have any Forex trading account to forward test against. You need to perform these test yourself and get back to me if there is any issues.
MACD + RSI TSA simple strategy that use EMAs convergence/divergence and RSI peeks to take position. Fractals are really useful to positioning your stop loss.
It works well on commodities and forex markets.
