ProBackTest based on RSI

• 06/21/2016 at 1:38 PM #9643
  Henry

  A request that was addressed to ProRealTime:

  Hello,

  I am trying to build a Trading System that relies solely on the RSI.

  in an ideal scenario, I would have a system that Buys when the RSI hits exactly a specific number (say for example 33.571) and Sells when the RSI hits another exact specific number (say for example 77.275).

  So far I have unsuccessfully tried to use all Boolean Operators that I know (< AND >; CROSSES OVER; CROSSES UNDER) but the system would not do what I require.

  Bottom line, I am looking to create a code that Buys or Sells when it hits a specific level.

  Thank you

  Suggestion for an anwser:

  sellnumber=77.275 buynumber=33.571 MyRSI=RSI[14](close) if not longonmarket and MyRSI crosses under buynumber then buy at market endif if longonmarket and MyRSI crosses over sellnumber then sell at market endif

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  sellnumber=77.275 buynumber=33.571   MyRSI=RSI[14](close)   if not longonmarket and MyRSI crosses under buynumber then buy at market endif   if longonmarket and MyRSI crosses over sellnumber then sell at market endif

   

  

  Henry

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