Reinforced RSI - The Quant Science

thequantscience Mis à jour   
This strategy was designed and written with the goal of showing and motivating the community how to integrate our 'Probabilities' module with their own script.

We have recreated one of the simplest strategies used by many traders. The strategy only trades long and uses the overbought and oversold levels on the RSI indicator.

We added stop losses and take profits to offer more dynamism to the strategy. Then the 'Probabilities' module was integrated to create a probabilistic reinforcement on each trade.
Specifically, each trade is executed, only if the past probabilities of making a profitable trade is greater than or equal to 51%. This greatly increased the performance of the strategy by avoiding possible bad trades.

The backtesting was calculated on the TSLA , on 15 minutes timeframe.

The strategy works on Tesla using the following parameters:

1. Lenght: 13
2. Oversold: 40
3. Overbought: 70
4. Lookback: 50
5. Take profit: 3%
6. Stop loss: 3%

Time period: January 2021 to date.

Our Probabilities Module, used in the strategy example:
Notes de version:
User interface improvement.

🚀 Add HYDRAx to your crypto portfolio and optimize your returns.
🚀 Capitalize your account using the compounding interest.
🚀 Earn from a wide range of crypto asset using a single swap.
💎 💎
Script open-source

Dans le véritable esprit de 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 le règlement. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

Clause de non-responsabilité

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

Vous voulez utiliser ce script sur un graphique ?