OPEN-SOURCE SCRIPT
BO - RSI - M5 Backtesting
Updated
BO - RSI - M5 Backtesting -Rule of Strategy
A. Data
1. Chart M5 IDC
2. Symbol: EURJPY
B. Indicator
1. RSI
2. Length: 12 (adjustable)
3. Extreme Top: 75 (adjustable)
4. Extreme Bottom: 25 (adjustable)
C. Rule of Signal
1. Put Signal
* Rsi create a temporary peak over Extreme Top
row61: peak_rsi= rsi[2]>rsi[3] and rsi[1]>rsi[2] and rsi[0]<rsi[1] and rsi[1]>rsi_top
2. Call Signal
* Rsi create a temporary bottom under Extreme Bottom
row62: bott_rsi= rsi[2]<rsi[3] and rsi[1]<rsi[2] and rsi[0]>rsi[1] and rsi[1]<rsi_bot
D. Rule of Order
1. Only 1 trade opening
2. Stoploss: No trade open after 1 loss trade each day (number of loss trades adjustable)
3. Expiry: after 6 bars (number of bars adjustable)
A. Data
1. Chart M5 IDC
2. Symbol: EURJPY
B. Indicator
1. RSI
2. Length: 12 (adjustable)
3. Extreme Top: 75 (adjustable)
4. Extreme Bottom: 25 (adjustable)
C. Rule of Signal
1. Put Signal
* Rsi create a temporary peak over Extreme Top
row61: peak_rsi= rsi[2]>rsi[3] and rsi[1]>rsi[2] and rsi[0]<rsi[1] and rsi[1]>rsi_top
2. Call Signal
* Rsi create a temporary bottom under Extreme Bottom
row62: bott_rsi= rsi[2]<rsi[3] and rsi[1]<rsi[2] and rsi[0]>rsi[1] and rsi[1]<rsi_bot
D. Rule of Order
1. Only 1 trade opening
2. Stoploss: No trade open after 1 loss trade each day (number of loss trades adjustable)
3. Expiry: after 6 bars (number of bars adjustable)
Release Notes
Fix bug at stoploss line (from Line 78 -> 85)Open-source script
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