OPEN-SOURCE SCRIPT
Auto Positions and SL/TP Lines with Rsi Signals
Hello,
-In our previous code Positions and SL/TP Lines, we manually entered the position values, and
the SL/TP values were assigned according to the selected percentages.
-In this Auto version, with the RSI crossings we added to the code, Buy/Sell signals will be
generated, and positions will be determined based on the signals, with SL/TP values
automatically assigned according to the preset percentage values.
-You can change the signal type in the open code by setting up your own strategy and adjusting
the code according to your signal.
-If there is an alignment synchronization problem with the bars when RSI lines are open, the RSI
lines can be turned off to resolve the issue.
-With a Buy signal, only the Buy Position and SL/TP lines will appear.
-With a Sell signal, only the Sell Position and SL/TP lines will appear.
May it be to your benefit.
-In our previous code Positions and SL/TP Lines, we manually entered the position values, and
the SL/TP values were assigned according to the selected percentages.
-In this Auto version, with the RSI crossings we added to the code, Buy/Sell signals will be
generated, and positions will be determined based on the signals, with SL/TP values
automatically assigned according to the preset percentage values.
-You can change the signal type in the open code by setting up your own strategy and adjusting
the code according to your signal.
-If there is an alignment synchronization problem with the bars when RSI lines are open, the RSI
lines can be turned off to resolve the issue.
-With a Buy signal, only the Buy Position and SL/TP lines will appear.
-With a Sell signal, only the Sell Position and SL/TP lines will appear.
May it be to your benefit.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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