OPEN-SOURCE SCRIPT
RSI DCA Strategy

This strategy combines RSI oversold signals with a Dollar-Cost Averaging (DCA) buying approach.
Trigger:
When the RSI (Relative Strength Index) crosses below 30, the strategy marks an oversold condition.
DCA Entry:
Once triggered, the strategy executes up to three consecutive daily entries (1 per day), splitting the predefined capital equally (configurable by user).
Position Management:
Take Profit at a configurable % above the average entry price.
Stop Loss at a configurable % below the average entry price.
Exit Conditions:
The strategy automatically exits either on reaching Take Profit or Stop Loss.
Visualization:
RSI plotted with oversold line (30).
Take Profit and Stop Loss lines displayed after entry.
Performance Reporting:
Includes an optional monthly performance table for evaluating results by month.
Note:
This strategy is for testing RSI-based mean reversion with staggered entries. It is not financial advice and should be optimized and validated for each market or timeframe before practical use.
Trigger:
When the RSI (Relative Strength Index) crosses below 30, the strategy marks an oversold condition.
DCA Entry:
Once triggered, the strategy executes up to three consecutive daily entries (1 per day), splitting the predefined capital equally (configurable by user).
Position Management:
Take Profit at a configurable % above the average entry price.
Stop Loss at a configurable % below the average entry price.
Exit Conditions:
The strategy automatically exits either on reaching Take Profit or Stop Loss.
Visualization:
RSI plotted with oversold line (30).
Take Profit and Stop Loss lines displayed after entry.
Performance Reporting:
Includes an optional monthly performance table for evaluating results by month.
Note:
This strategy is for testing RSI-based mean reversion with staggered entries. It is not financial advice and should be optimized and validated for each market or timeframe before practical use.
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。