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.
Thanks. How can I add a strategy code, to see the backtest results?
125santiagosuarez
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Please.!!
dharmeshbusa150
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Nice
tartigradia
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There is a bug, the overbought area is never shown, it's instead always colored blue (neither oversold nor overbought). Replace nz(pos[1], 0) by 0 to fix the bug.
This script to change bars color in RED if position is short, and GREEN if position is long. This colors not equals bar color.