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RSI DCA Strategy

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This strategy combines RSI oversold signals with a Dollar-Cost Averaging (DCA) buying approach.

Trigger:
When the RSI (Relative Strength Index) crosses below 30, the strategy marks an oversold condition.

DCA Entry:
Once triggered, the strategy executes up to three consecutive daily entries (1 per day), splitting the predefined capital equally (configurable by user).

Position Management:

Take Profit at a configurable % above the average entry price.

Stop Loss at a configurable % below the average entry price.

Exit Conditions:
The strategy automatically exits either on reaching Take Profit or Stop Loss.

Visualization:

RSI plotted with oversold line (30).

Take Profit and Stop Loss lines displayed after entry.

Performance Reporting:
Includes an optional monthly performance table for evaluating results by month.

Note:
This strategy is for testing RSI-based mean reversion with staggered entries. It is not financial advice and should be optimized and validated for each market or timeframe before practical use.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.