Strategy based on EMA and EMA Oscilator (EMA - close) + Std Dev + Factor = detecting oversell/overbuy Long only! Pyramiding - sometimes, depends on ... There're 2 enter strategies in one script: 1 - Classic, buy on entering to OverSell zone (more profitable ~> 70%) 2 - Crazy, buy on entering to OverBuy zone (catching trend and pyramiding, more net profit) Exit...
This indicator is a copy of my RSI Overbought/Oversold Divergence Indicator with-Alerts Only difference is that the alerts are disabled, instead it uses tradingviews strategy tester signals If you want alerts just use the other indicator
This strategy implements a simply scalping using the RSI (calculated on two periods), the slopes of two MAs ( EMA or SMA ) having different lengths (by default, I use 50 and 200). A trailing stop loss (%) is used. Entry conditions: .) Fast MA > Slow MA and Price > Slow MA and RSI < Oversold Threshold ------> go Long .) Fast MA < Slow MA and Price < Slow MA...