RSI Crosses SMA Buy/Sell Strategy
// This script is for educational and informational purposes only.
// It does not constitute financial or investment advice.
// Trading involves substantial risk and may not be suitable for all investors.
// Always do your own research or consult with a licensed financial advisor
// before making any trading or investment decisions.
// The author is not responsible for any losses incurred using this script
Key Changes:
Buy at High of the Signal Candle:
The strategy.entry("Buy", strategy.long, limit=high, comment="Buy at High of Signal Candle") line places a buy order at the high of the candle that triggered the signal (i.e., the candle where the RSI crosses above the SMA).
How it works:
When the RSI crosses above the SMA and the buy condition is true, the strategy will place a buy order at the high of that candle.
Exit:
The strategy will exit the position if the RSI crosses below the SMA as usual using strategy.close("Buy").
Example:
If the RSI crosses above the SMA at a specific candle, the strategy will enter a buy order at the high of that candle.
When the RSI crosses below the SMA, it will close the long position.
This should now execute a buy order at the high of the signal candle when the RSI crosses above the SMA, as requested.
// This script is for educational and informational purposes only.
// It does not constitute financial or investment advice.
// Trading involves substantial risk and may not be suitable for all investors.
// Always do your own research or consult with a licensed financial advisor
// before making any trading or investment decisions.
// The author is not responsible for any losses incurred using this script
Key Changes:
Buy at High of the Signal Candle:
The strategy.entry("Buy", strategy.long, limit=high, comment="Buy at High of Signal Candle") line places a buy order at the high of the candle that triggered the signal (i.e., the candle where the RSI crosses above the SMA).
How it works:
When the RSI crosses above the SMA and the buy condition is true, the strategy will place a buy order at the high of that candle.
Exit:
The strategy will exit the position if the RSI crosses below the SMA as usual using strategy.close("Buy").
Example:
If the RSI crosses above the SMA at a specific candle, the strategy will enter a buy order at the high of that candle.
When the RSI crosses below the SMA, it will close the long position.
This should now execute a buy order at the high of the signal candle when the RSI crosses above the SMA, as requested.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.
Declinazione di responsabilità
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Per un accesso rapido a un grafico, aggiungi questo script ai tuoi preferiti: per saperne di più clicca qui.