dax daily rsi 3

crusoe76 · 2022-12-09T08:40:44+00:00

Simple and efficient strategy on dax daily with RSI 3 periods. // Definition of code parameters DEFPARAM CumulateOrders = False // Cumulating positions deactivated // Conditions to enter long positions indicator1 = RSI[3](close) c1 = (indicator1 CROSSES OVER 50) IF c1 THEN BUY 1 CONTRACT AT MARKET ENDIF // Conditions to enter short positions indicator2 = RSI[3](close) c2 = (indicator2 CROSSES UNDER 50) IF c2 THEN SELLSHORT 1 CONTRACT AT MARKET ENDIF // Stops and targets SET STOP pTRAILING 60 SET TARGET pPROFIT 500

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12/09/2022 at 9:40 AM #205270 quote
crusoe76
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Junior
Simple and efficient strategy on dax daily with RSI 3 periods.
```
// Definition of code parameters
DEFPARAM CumulateOrders = False // Cumulating positions deactivated

// Conditions to enter long positions
indicator1 = RSI[3](close)
c1 = (indicator1 CROSSES OVER 50)

IF c1 THEN
BUY 1 CONTRACT AT MARKET
ENDIF

// Conditions to enter short positions
indicator2 = RSI[3](close)
c2 = (indicator2 CROSSES UNDER 50)

IF c2 THEN
SELLSHORT 1 CONTRACT AT MARKET
ENDIF

// Stops and targets
SET STOP pTRAILING 60
SET TARGET pPROFIT 500
```
robertogozzi thanked this post

germany-cash-e-daily-1670233631l8cp4.png germany-cash-e-daily-1670233631l8cp4-700x373-1.png
12/09/2022 at 1:17 PM #205468 quote

robertogozzi
Moderator

Legend

Thank you for sharing your code.

12/09/2022 at 2:27 PM #205471 quote

GraHal
Participant

Master

Don’t put any real money on the stratgey until you have tried / seen the results with the tick by tick box enabled … see attached screenshot at red arrowhead.

Backtest over 1k bars (not 10k bars) and then PRT will not auto-disable theTick Mode.

Tick-Mode.jpg
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