OPEN-SOURCE SCRIPT
Improved simple RSI Buy/Sell at a level (SL/TP)
Improved Simple Strategy based on RSI, using overbought or oversold levels.
Backtest: ETHPERP (FTX) - 30m
Set STOP LOSS and GET PROFIT as a percentage (2% and 10% by default).
If strategy.position_size != 0 algorithm convert percentages into points and set stop loss and take profit limit orders.
Backtest: ETHPERP (FTX) - 30m
Set STOP LOSS and GET PROFIT as a percentage (2% and 10% by default).
If strategy.position_size != 0 algorithm convert percentages into points and set stop loss and take profit limit orders.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — 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.