OPEN-SOURCE SCRIPT
Fetch Buy And Hold Strategy

This script was created as an experiment using ChatGPT. I actually woudn't recommend using the ai program to help you with your Pinescripts, as it makes a fair amount of mistakes. It was a fun experiment however.
The script is a simple buy and hold tool. Here's what it does:
- Everytime the rsi enters below the set treshold, a counter increases.
- The second increase of the counter happens when the price goes above the treshold, and then dips below the treshold again.
- The program would fire off a buy signal when the counter hits the number 3.
- After the buy. the counter will reset.
Lets take a look at the following example where the rsi treshold is 30:
- So the rsi dips below 30 and the initial counter is set from 0 to 1.
- The price rises which brings the rsi back to 40.
- Then another dip happens and the rsi is now 25, increasing the counter from 1 two.
- Rsi now dips to 23 and nothing happens.
- Rsi goes back up to 31, and dips back to 28 which puts the counter at 3. A buy singal is now fired and the counter is set to 0.
The script is a simple buy and hold tool. Here's what it does:
- Everytime the rsi enters below the set treshold, a counter increases.
- The second increase of the counter happens when the price goes above the treshold, and then dips below the treshold again.
- The program would fire off a buy signal when the counter hits the number 3.
- After the buy. the counter will reset.
Lets take a look at the following example where the rsi treshold is 30:
- So the rsi dips below 30 and the initial counter is set from 0 to 1.
- The price rises which brings the rsi back to 40.
- Then another dip happens and the rsi is now 25, increasing the counter from 1 two.
- Rsi now dips to 23 and nothing happens.
- Rsi goes back up to 31, and dips back to 28 which puts the counter at 3. A buy singal is now fired and the counter is set to 0.
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。