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RSI DCA Strategy

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This strategy combines RSI oversold signals with a Dollar-Cost Averaging (DCA) buying approach.

Trigger:
When the RSI (Relative Strength Index) crosses below 30, the strategy marks an oversold condition.

DCA Entry:
Once triggered, the strategy executes up to three consecutive daily entries (1 per day), splitting the predefined capital equally (configurable by user).

Position Management:

Take Profit at a configurable % above the average entry price.

Stop Loss at a configurable % below the average entry price.

Exit Conditions:
The strategy automatically exits either on reaching Take Profit or Stop Loss.

Visualization:

RSI plotted with oversold line (30).

Take Profit and Stop Loss lines displayed after entry.

Performance Reporting:
Includes an optional monthly performance table for evaluating results by month.

Note:
This strategy is for testing RSI-based mean reversion with staggered entries. It is not financial advice and should be optimized and validated for each market or timeframe before practical use.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.