OPEN-SOURCE SCRIPT
TonyM RSI
Summary:
The strategy identifies trade entries based on RSI, opens initial positions, and scales into trades if the market moves against them. Profits are taken based on an average entry price with a defined target. It operates only during a specific trading time window, combining RSI signals with a scaling mechanism to potentially improve profitability.
The strategy identifies trade entries based on RSI, opens initial positions, and scales into trades if the market moves against them. Profits are taken based on an average entry price with a defined target. It operates only during a specific trading time window, combining RSI signals with a scaling mechanism to potentially improve profitability.
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