OPEN-SOURCE SCRIPT
Statistical Option Trade Strategy
How It Works:
When the RSI is below the rsi_oversold level (indicating oversold conditions) and the price is above the 50-period moving average, the strategy takes a long position (buy call).
When the RSI is above the rsi_overbought level (indicating overbought conditions) and the price is below the moving average, the strategy takes a short position (buy put).
Stop-loss and take-profit levels are set to manage risk and reward, with user-defined percentages for each.
When the RSI is below the rsi_oversold level (indicating oversold conditions) and the price is above the 50-period moving average, the strategy takes a long position (buy call).
When the RSI is above the rsi_overbought level (indicating overbought conditions) and the price is below the moving average, the strategy takes a short position (buy put).
Stop-loss and take-profit levels are set to manage risk and reward, with user-defined percentages for each.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.