exlux99

Crypto swing correlation RSI and SMA

This is a crypto swing strategy, designed for long term periods and correlated pairs with crypto market total(or other coins used as correlation, however I recommend total of crypto or btc )

Its components are:

RSI with a very length
Correlation candles
SMA 9


Rules for entry:
For long : RSI is above 51 level and going higher and close of the candle is above the SMA
For short :RSI is below 49 and going lower and close of the candle is below the SMA


Rules for exit:

We exit when we encountered an opposite condition than the entry one, or based on take profit/stop loss levels.


If you have any questions let me know !
Skrip open-source

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Inggin menggunakan skrip ini pada chart?