PROTECTED SOURCE SCRIPT
Maxima MAX1
📌 Overview:
This strategy is a Simple Moving Average (SMA) Crossover system with an optional Relative Strength Index (RSI) filter for better trade confirmation. It allows traders to customize key parameters and backtest results within a specific date range.
📊 How It Works:
✅ Entry Conditions:
The closing price must be above both the Fast SMA and Slow SMA.
(Optional) RSI must be above a threshold (default: 50) for additional confirmation.
❌ Exit Condition:
The closing price drops below the Fast SMA, signaling an exit.
🔧 Customizable Inputs:
SMA Lengths: Adjust both Fast and Slow SMA values.
RSI Filter: Enable/disable RSI confirmation with a custom length & threshold.
Backtest Date Range: Choose a start and end date for testing historical performance.
🚀 Why Use This Strategy?
✔ Ideal for trend-following traders looking for momentum-based entries.
✔ Provides an additional RSI filter to reduce false signals.
✔ Helps traders refine their strategy by testing different parameters.
📢 How to Use:
1️⃣ Customize the SMA lengths, RSI settings, and date range.
2️⃣ Enable/Disable the RSI filter as needed.
3️⃣ Analyze historical performance and optimize for different markets.
⚠ Disclaimer:
This strategy is for educational purposes only. Always backtest thoroughly before using it in live trading.
This strategy is a Simple Moving Average (SMA) Crossover system with an optional Relative Strength Index (RSI) filter for better trade confirmation. It allows traders to customize key parameters and backtest results within a specific date range.
📊 How It Works:
✅ Entry Conditions:
The closing price must be above both the Fast SMA and Slow SMA.
(Optional) RSI must be above a threshold (default: 50) for additional confirmation.
❌ Exit Condition:
The closing price drops below the Fast SMA, signaling an exit.
🔧 Customizable Inputs:
SMA Lengths: Adjust both Fast and Slow SMA values.
RSI Filter: Enable/disable RSI confirmation with a custom length & threshold.
Backtest Date Range: Choose a start and end date for testing historical performance.
🚀 Why Use This Strategy?
✔ Ideal for trend-following traders looking for momentum-based entries.
✔ Provides an additional RSI filter to reduce false signals.
✔ Helps traders refine their strategy by testing different parameters.
📢 How to Use:
1️⃣ Customize the SMA lengths, RSI settings, and date range.
2️⃣ Enable/Disable the RSI filter as needed.
3️⃣ Analyze historical performance and optimize for different markets.
⚠ Disclaimer:
This strategy is for educational purposes only. Always backtest thoroughly before using it in live trading.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.