This automated trading strategy was posted by Nicolas 1 year ago for long side trade as example, starting from this example I’ve added short side, Trailing stop, and Donchian stop.

Below you will find link of the original version: “Cumulative RSI 2 periods strategy”.

The following variables can be optimized and  adapted to volatily and time frame

Trailing Stop : TGL and TGS

Stop loss by Donchian channel: DC

Moving Average: AVG to open position above or below it

Period of cumulative summ of the RSI indicator value “CUMRSI”

Positions are opens at indicator value set, called “CUMRSI” , this could be optimized and  adapted to volatily and time frame (Ex:IF Close>AVG AND CUMRSI<35  THEN BUY…)

The concept of the strategy it’s universal, and It could work for equity/indices/currencies.

This strategy could be used with cumulative order for long side. Below the result in the red graphic equity.

https://www.prorealcode.com/prorealtime-trading-strategies/cumulative-rsi-2-periods-strategy/

//CSR strategy cumulative 2 periods
//Author Nicolas 2016 - February
//Optimizator Ale 2017 - May
// cfd DAX 1 Daily
// Spread 5 - 95% of Position open at 010000 am
// Probacktest 10 years Tick by Tick

DEFPARAM CumulateOrders = FALSE // Posizioni cumulate disattivate
//indicator
Period = 2
CUMRSI = SUMMATION[Period](RSI[Period](close))
AVG = average[100](close)
AVGS = average[110](close)
//initial lot
initLOT = 1
 
//initial lot
initLOT = 1
CUM=COUNTOFLONGSHARES<4
IF  Close>AVG AND CUMRSI<35 AND CUM THEN
 BUY initLOT CONTRACTS AT MARKET
ENDIF
 
If LongOnMarket AND CUMRSI>65THEN
 SELL AT MARKET
ENDIF
IF  NOT SHORTONMARKET AND Close<AVGS AND CUMRSI > 175 THEN
 SELLSHORT initLOT CONTRACTS AT MARKET
ENDIF
 
If SHORTONMARKET AND CUMRSI<120 THEN
 EXITSHORT AT MARKET
ENDIF
//TRAILING STOP
TGL=25
TGS=15
if not onmarket then
 MAXPRICE = 0
 MINPRICE = close
 PREZZOUSCITA = 0
ENDIF
if longonmarket then
 MAXPRICE = MAX(MAXPRICE,close)
 if MAXPRICE-tradeprice(1)>=TGL*pointsize then
  PREZZOUSCITA = MAXPRICE-TGL*pointsize
 ENDIF
ENDIF
if shortonmarket then
 MINPRICE = MIN(MINPRICE,close)
 if tradeprice(1)-MINPRICE>=TGS*pointsize then
  PREZZOUSCITA = MINPRICE+TGS*pointsize
 ENDIF
ENDIF
if onmarket and PREZZOUSCITA>0 then
 EXITSHORT AT PREZZOUSCITA STOP
 SELL AT PREZZOUSCITA STOP
ENDIF

// DONCHIAN STOP
once DC =25
IF LONGONMARKET THEN
 DC=40
ENDIF
IF SHORTONMARKET THEN
 DC=30
ENDIF
e= Highest[DC](high)
f=Lowest[DC](low)
if longonmarket  then
 laststop = f[1]
endif
if shortonmarket  then
 laststop = e[1]
endif
if onmarket then
 sell at laststop stop
 exitshort at laststop stop
endif