OPEN-SOURCE SCRIPT

MinhPhan MA Crossover Strategy RSI

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This Pine Script implements a trend-following strategy using a Moving Average Crossover combined with RSI-based exit conditions for optimal trade timing. Designed for short- to medium-term trading, the strategy enters a long position when the short-term EMA crosses above the long-term EMA, and a short position when it crosses below — a classic momentum signal. The default settings use a 9-period and 21-period EMA, but you can customize these values in the input panel.

To enhance risk management and trade timing, the script exits long positions when RSI exceeds 70 (indicating overbought conditions) and exits short positions when RSI drops below 30 (oversold), with fixed profit and loss targets of 200 and 100 points, respectively. This creates a balanced approach combining technical momentum with RSI reversal detection.

Additionally, the script includes commission modeling (0.1% default) to simulate real trading conditions more accurately. Visual aids like EMA9 and EMA21 overlays help traders validate signals visually.

Ideal for cryptocurrencies like BTC and SUI on any timeframe, this script allows for easy backtesting and optimization. It's a great starting point for traders looking to automate and refine a clean crossover-based strategy with proper risk control.

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