Double Rsi strategy

• 08/10/2020 at 10:00 AM #141150
  Gaby333

  I want to share this code with you as i think that can be improved.Please fell welcome to comment and come with more idea .

  // Main code : Rsi //------------------------------------------------------------------------- DEFPARAM CumulateOrders = true// indicator1=RSI[14](close) indicator2=RSI[2](close) //condition to enter long c1=(indicator2 crosses over indicator1) c2=(RSI[14](close) > 50)//RSI upward momentum c3=(RSI[2](close) <70)//RSI downword momentum c4=(indicator2 crosses under indicator1) if c1 and c2 then buy 1 contracts at market endif Set target pprofit c3 SET STOP pLOSS c4 //Conditions to enter short c1=(indicator2 crosses under indicator1) c2=(RSI[14](close) < 50)//RSI downword momentum c3=(RSI[2](close) >30)//RSI upword momentum c4=(indicator2 crosses over indicator1) if c1 and c2 then buy 1 contracts at market endif Set target pprofit c3 SET STOP pLOSS c4

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26

  // Main code : Rsi //------------------------------------------------------------------------- DEFPARAM CumulateOrders = true//   indicator1=RSI[14](close) indicator2=RSI[2](close) //condition to enter long c1=(indicator2 crosses over indicator1) c2=(RSI[14](close) > 50)//RSI upward momentum c3=(RSI[2](close) <70)//RSI downword momentum c4=(indicator2 crosses under indicator1) if c1 and c2 then buy 1 contracts at market endif Set target pprofit c3 SET STOP pLOSS c4 //Conditions to enter short c1=(indicator2 crosses under indicator1) c2=(RSI[14](close) < 50)//RSI downword momentum c3=(RSI[2](close) >30)//RSI upword momentum c4=(indicator2 crosses over indicator1) if c1 and c2 then buy 1 contracts at market endif Set target pprofit c3 SET STOP pLOSS c4

   

  

  Gaby333

  Participant

  Topics: 3

  Replies: 0

  Been thanked: 0 times
  08/10/2020 at 11:08 AM #141296
  GraHal

  C3 and C4 will give True / 1 and so can’t be used for Stop values as pProfit and pLoss need to be a value / number of points of price change?

  I take it Line 23 is a typo and should be SellShort (not Buy)?

  

  GraHal

  Participant

  Topics: 204

  Replies: 8399

  Been thanked: 2041 times
  08/10/2020 at 11:30 AM #141302
  robertogozzi

  Nice (double) spot GraHal!

   

  1 user thanked author for this post.

  GraHal

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 16466

  Been thanked: 3641 times
• Author
  Posts