OPEN-SOURCE SCRIPT

SMA_Cross + RSI

Updated
1. long
a. RSI does not open an order when it is overbought, until the RSI falls below a certain threshold, and then open a position
b. There are already many positions. If the RSI is overbought, it will be profitable. When the RSI falls below a certain threshold, open a long position again until the moving average crossover signal turns short.

2. Short
a. RSI does not open an order when it is oversold, and then opens a position after RSI rises to a certain threshold
b. There are already short positions. If the RSI is oversold, it will be profitable to close the short position. When the RSI rises above a certain threshold, open the short position again until there is a reversal of the moving average crossing signal.

1. 做多
a. RSI在超买区间时不开单,直到RSI回落到某个阈值之下,再开仓
b. 已经有多仓,如果RSI超买,则平多获利,当RSI回落到某个阈值之下后,再次开多,直到有均线交叉信号反转做空

2. 做空
a. RSI在超卖区间时不开单,直到RSI上升到某个阈值之后,再开仓
b. 已经有空仓,如果RSI超卖,则平空获利,当RSI上升到某个阈值之上后,再次开空,直到有均线交叉信号反转做多
Release Notes
Separate thresholds and fix bugs

将阈值参数分开,并修复bug
Relative Strength Index (RSI)Simple Moving Average (SMA)

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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