Double RSI with stochastic Strategy on UKOIL (by Zhipengcfel)
Currently I have not adapted stop loss to the script yet, only enter and exit condition based on trend. Next step I will add stop loss for the strategy and backtest it again.
Due to it is still in development and optimisation, I am sorry that I will not publish it to public currently.
I just use it as a development elog.
Thanks to tradingview for such a good blog system. -:)
To do: how to balance and optimise open positions.
Overall the return goes higher but at the same time max draw down also goes higher.
Invite-only script
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact zhipengcfel directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.