OPEN-SOURCE SCRIPT
Mis à jour 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
Notes de version
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
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
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.