I have added a filter (long term RSI) to the Rules. strategy BUYs when RSI 50 period is above 50 line and there is divergence on the short term RSI
settings ========= short term RSI period 5 long term RSI period 50 stopLoss is 8% --- if setting is enabled
BUY Rule ======== RSI 50 is above 50 line short term RSI is showing divergence
Add to existing ============== if already in position, BUY when shorTermRSI is crossing above 20
TakeProfit ========= when longTermRSI reaches 60,65, 70 and 75 level , take partial profits . (not when crossing down --- This may affect on profits , because when price goes down , it goes very fast )
Exit ===== when longTermRSI is crossing down 30 OR stopLoss value hits
Note: When I tested this with GOOGL stock , I have got excellent results ... any experts there , please check everything is good with scripting ...
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