We have just released an innovative strategy for TradingView. It allows you to facilitate the trading process when you have to use both indicators.
This strategy is:
User-friendly
Configurable
Equipped with the combination of Relative Strength Index (RSI) and Moving Average (MA) indicators
Designed with all required functions to manage positions
Features
The RSI+MA strategy can:
Identify entry points for Long and Short positions.
Depict RSI and MA values concerning each other.
Reduce visual congestion and import usability thanks to using a combo of 2 indicators.
Allow using pivot trading. The RSI+MA strategy will enter a Long position according to the Short position conditions. And vice versa.
Note! If you want to open a Long position, the RSI line should cross MA from top to bottom. If you want to open a Short position, RSI has to cross MA from bottom to top.
Parameters
We have equipped our strategy with more than 14 additional parameters. So, you can configure the EA according to your needs!
Inputs:
Use Reverse Trade — allows swapping Long and Short positions opening conditions.
Resolution — allows you to view an indicator with data on a higher or lower timeframe on the current chart.
A user-friendly strategy that is easy to comprehend and understand. Hats off to the 4xdev company for sharing it on the open script. Trading is profitable with controlled risk. Recommended.
I just tried this innovative strategy for trading. I must say this RSI+MA Strategy is really helpful. People who just started their trading journey this user-friendly RSI+MA Strategy is highly recommended.
The-4xdev-company
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@dannymorison, wow, it’s nice!:) If the need arises, you can contact us and we will develop a custom strategy according to your requirements
junaidraz278
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Hi,
I'm using this strategy, it works amazing, 15% profit. I hope it will increase within 2 weeks and go to 20%.
I’ve used this strategy. It works good. Let’s see how it will work in the long term