OPEN-SOURCE SCRIPT

Grid Bot RSI

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Grid Bot Simulator. Based on RSI levels.

How it works:
Prices are divided into grids, or trade zones, that are based on RSI levels. Buys will trigger when the RSI crosses into a higher zone, after descending. Sells will trigger when the RSI crosses into a lower zone, after ascending. After triggering, a new signal will not be produced until the RSI progresses into better zone.

Standard Settings:
  • RSI Length
  • Number of Grids
  • RSI Type: Standard RSI or Jurik RSX (based on Everget’s formula)
  • Show All Grids


Experimental Features (Adjust in settings menu):

No Trade Zone: RSI Levels where no trades will be signaled. Adjust to prevent over-buying/selling in narrow markets. Default: 35-65:
snapshot
No Trade Zone (40-60)


Aggression Level: Increase aggressiveness to stack buys/sells at extreme RSI levels:
snapshot
Aggression = high

snapshot
Aggression = low


Market Direction: If market is trending up, the bot will skip every other sell ( = more buys than sells). If down, will skip every other buy (more sells than buys). Default: neutral.
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Market Direction: down


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Market Direction: neutral
Notes de version
  • Removed offsets for plots
  • Added buy and bell signals at upper and lower limits
botGRIDgridtradingOscillators

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Vous voulez utiliser ce script sur un graphique ?


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