Profitable Jurik RSX

Introduction
As you know the Jurik RSX is a "noise free" smoothed version of RSI (Relative Strength Index), with no added lag.
It was originally developed by Mark Jurik and is used the same way as RSI. To learn more about this indicator see http://www.jurikres.com/catalog1/ms_rsx.htm

The most basic and common strategy is to use the crossovers between Jurik RSX and its overbought/oversold levels as trade signals:

when RSX crosses above 30, go Long
when RSX crosses below 70, go Short
exit when a crossover occurs in the opposite direction

What is this tool?
This tool is a performance scanner that uses a decision tree-based algorithm under the hood to find the most profitable settings for Jurik RSX. It analyzes the range of periods between 2 to 100 and backtests the Jurik RSX for each period (using the strategy mentioned above) across the entire history of an instrument. If the more profitable parameter was found, the indicator will switch its value to the found one immediately.

So, instead of manually selecting parameters just apply it to your chart and relax - the algorithm will do it for you, everywhere you want.

The algorithm can work in two modes: Basic and Early Switch. The Early Switch algorithm makes some assumptions and activates a set of optimizations to find a better setting DURING the trades, not after they were actually closed.

The difference is illustrated on the screenshot below

But two modes can show identical values depending on timeframe

Additionally you can set up a backtest window through indicator's settings (the optimizers which were published before will get this feature soon).

Alerts
It has a special alert that notifies when a more profitable period was detected.

NOTE: It does not change what has already been plotted.
NOTE 2: This is not a strategy, but an algorithmic optimizer.

Notas de Lançamento

Optimization update

Notas de Lançamento

Removed the end date for analysis

Notas de Lançamento

Added OB/OS levels optimization (OB: from 60 to 70, OS: from 30 to 40)

Notas de Lançamento

Update

Notas de Lançamento

Update

Notas de Lançamento

Update

Notas de Lançamento

Optimization update

Script sob convite

Somente usuários autorizados pelos autores tem acesso a esses scripts, e isso normalmente requer pagamento. Você pode adicionar o script aos seus favoritos, mas você será capaz somente para usar ele depois de solicitar permissão e permiti-lo do seu autor — saiba mais aqui. Para mais detalhes, siga as instruções dos autores abaixo ou contate everget diretamente.

O TradingView NÃO recomenda pagar ou usar um script ao não ser que você confie totalmente no seu autor e compreende como isso funciona. Você pode também encontrar alternativas gratuitas e de código aberto em nossa comunidade de scripts.

Instruções do autor

Aviso: leia nosso guia para scritps somente sob convite antes de solicitar acesso.

everget

Coding services -> Telegram: @alex_everget

A list of FREE indicators:
bit.ly/2S7EPuN

A list of PAID indicators:
bit.ly/33MA81f

Earn $15:
tradingview.com/pricing/?share_your_love=everget

Também em:

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.