OPEN-SOURCE SCRIPT

Monthly DI+ & RSI Strategy

67
Overview This strategy is designed to capture significant trend reversals and continuations on the Monthly timeframe. It combines the trend-following capability of the Directional Movement Index (DMI) with the fast momentum detection of RSI (Period 6).

Core Logic The strategy triggers a long position based on a dual-confirmation system. It looks for a specific "handshake" between Trend (DI) and Momentum (RSI).

Entry Conditions (OR Logic) A Buy signal is generated if EITHER of the following occurs:

Trend Trigger: DI+ crosses over DI- (while RSI is already bullish, trading above its SMA).

Momentum Trigger: RSI(6) crosses over RSI SMA(14) (while the trend is already bullish, with DI+ > DI-).

Exit Condition (Stop Loss)

Trend Reversal: The position is closed immediately if DI- crosses over DI+, indicating the bullish trend has been invalidated.

Default Settings

Timeframe: Optimized for 1M (Monthly) charts.

RSI: Length 6

RSI SMA: Length 14

DMI: Length 14 / Smoothing 14

Risk Warning This script is for educational purposes only. Past performance does not guarantee future results. Always backtest on your specific asset classes before trading.

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。