OPEN-SOURCE SCRIPT
Diupdate CCI-RSI MR
Indicators:
Bollinger Bands (20 period, 2σ)
RSI (14 period) and Simple moving average of RSI (5 period)
CCI (20 period)
SMA (5 period)
Entry Conditions:
Buy when:
Swing low (5) should be lower than the highest of lower BB (3 periods)
Both RSI crossover RSI_5 and CCI crossover -100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be higher than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick lower than previous swing low
Sell when:
Swing high (5) should be higher than the lowest of upper BB (3 periods)
Both RSI crossunder RSI_5 and CCI crossunder 100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be lower than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick higher than previous swing high
Exit Conditions:
Since it’s mean reversion strategy we’ll be having only 2 target exits with a trailing stop loss after target price 1 is achieved.
Target exit price 1 & 2 are decided based on the risk ‘R’ for each trade
Depending on the instrument and time frame a trailing stop loss of 0.5R or 1R has opted.
A stop limit is placed @Entry_price +- 2*ATR(20) to offset the risk of losing significantly more than 1xR in a trade
Bollinger Bands (20 period, 2σ)
RSI (14 period) and Simple moving average of RSI (5 period)
CCI (20 period)
SMA (5 period)
Entry Conditions:
Buy when:
Swing low (5) should be lower than the highest of lower BB (3 periods)
Both RSI crossover RSI_5 and CCI crossover -100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be higher than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick lower than previous swing low
Sell when:
Swing high (5) should be higher than the lowest of upper BB (3 periods)
Both RSI crossunder RSI_5 and CCI crossunder 100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be lower than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick higher than previous swing high
Exit Conditions:
Since it’s mean reversion strategy we’ll be having only 2 target exits with a trailing stop loss after target price 1 is achieved.
Target exit price 1 & 2 are decided based on the risk ‘R’ for each trade
Depending on the instrument and time frame a trailing stop loss of 0.5R or 1R has opted.
A stop limit is placed @Entry_price +- 2*ATR(20) to offset the risk of losing significantly more than 1xR in a trade
Catatan Rilis
Indicators:Bollinger Bands (20 periods, 2σ)
RSI (14 periods) and Simple moving average of RSI (5 periods)
CCI (20 periods)
SMA (5 periods)
Entry Conditions:
Buy when:
Swing low (5) should be lower than the highest of lower BB (3 periods)
Both RSI crossover RSI_5 and CCI crossover -100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be higher than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick lower than previous swing low
Sell when:
Swing high (5) should be higher than the lowest of upper BB (3 periods)
Both RSI crossunder RSI_5 and CCI crossunder 100 should have happened within last 3 candles (including the current candle)
Once all the above conditions are met, the close should be lower than SMA (5) within the next 3 candles
After condition 3 is satisfied, we enter the trade at next candle’s open
Stop loss will be at 1 tick higher than previous swing high
Exit Conditions:
Since it’s mean reversion strategy we’ll be having only 2 target exits with a trailing stop loss after target price 1 is achieved.
Target exit price 1 & 2 are decided based on the risk ‘R’ for each trade
Depending on the instrument and time frame a trailing stop loss of 0.5R or 1R opts.
A stop limit is placed @Entry_price +- 2*ATR(20) to offset the risk of losing significantly more than 1xR in a trade
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.