OPEN-SOURCE SCRIPT

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 !
BTCcorrelationcryptocryptocapETHRelative Strength Index (RSI)Simple Moving Average (SMA)swingtotalTrend Analysis

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 ?


🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
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