OPEN-SOURCE SCRIPT

Strategy- Double Decker RSI

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This Strategy was LIVE coded during a webinar conducted by the author on 16-Jan-21 titled Backtesting in Tradingview. The system is named "Double Decker RSI".

The rules of this strategy are:

  • LONG - RSI(5)>70 and RSI(14)>50 -- EXIT: RSI(5)<55
  • SHORT - RSI(5)<40 and RSI(14)<50 -- EXIT: RSI(5)>45


Instrument - BANKNIFTY - 1 HR Chart

The code is open source for you to edit and make changes as needed. For details on the strategy and webinar, you can refer to the website in signature of this strategy.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.