EXPERIMENTAL: fixed some mixed signals :p request for MarxBabu.
EXPERIMENTAL: Request for MarxBabu.
Simple strategy that buy and sell when RSI is under/above a given thresholds. Take profit is set to $3. Beware this strategy doesn't work with other assets.
Request for Khizon01: corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart. added option to just open buy trades or sell trades separately and close were previously swing trade occur. added plot titles.
High lights the bars based on the RSI (to avoid losing space for another indicator)
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 Dow = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net...
This indicator calculates and plots 2 separate EMAs of the RSI. The default settings below work great on SPX/SPY daily chart. General rule is if an EMA is above 50, the stock's near term outlook is bullish. If an EMA is below 50, the near term outlook is bearish. Personally, I like to use a fast EMA as a buy signal and a slow EMA as a sell signal. Default...
Hey everyone, Recently we developed a chrome extension for automating TradingView strategies using the alerts they provide. Initially we were charging a monthly fee for the extension, but we have now decided to make it FREE for everyone. So to display the power of automating strategies via TradingView, we figured we would also provide a profitable strategy along...
This strategy combines the classic RSI strategy to sell when the RSI increases over 70 (or to buy when it falls below 30), with the classic Stochastic Slow strategy to sell when the Stochastic oscillator exceeds the value of 80 (and to buy when this value is below 20). This simple strategy only triggers when both the RSI and the Stochastic are together in a...
Adapted from: Credit: gb50k a great way to look at correlation and arbitrage.
Good Morning, Republishing this in the script section to make the code visible to everyone. This strategy is based on Chris Moody's RSi(2) indicator. Good success rate on SPY. Again, this is for educational purposes only . cheers Algo
Based on increasing and decreasing strength, this indicator will give a good indication of when a short or long opportunity is available.
I updated RicardoSantos' MA RSI V0. I added two more moving averages and changed the background color&style.
color coded RSI that looks at larger time frame RSIs for confirmation (2 times and 4 times the selected RSI length).