OPEN-SOURCE SCRIPT
DRM Strategy
One of the ways I go when I develop strategies is by reducing the number of parameters and removing fixed parameters and levels.
In this strategy, I'm trying to create an RSI indicator with a dynamic length.
Length is computed based on the correlation between Price and its momentum.
You can set min and max values for the RSI, and if the correlation is close to 1, we'll be at a min RSI value. When it's -1, we'll be at the max level.
I got this idea from Sofien Kaabar's book.
The strategy is super simple, and there might be much room for improvement.
Performance on the deep backtesting is not excellent, so I think the strategy needs some filters for regimes, etc.
Thanks to MUQWISHI for helping me code it.
Disclaimer
Please remember that past performance may not indicate future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
In this strategy, I'm trying to create an RSI indicator with a dynamic length.
Length is computed based on the correlation between Price and its momentum.
You can set min and max values for the RSI, and if the correlation is close to 1, we'll be at a min RSI value. When it's -1, we'll be at the max level.
I got this idea from Sofien Kaabar's book.
The strategy is super simple, and there might be much room for improvement.
Performance on the deep backtesting is not excellent, so I think the strategy needs some filters for regimes, etc.
Thanks to MUQWISHI for helping me code it.
Disclaimer
Please remember that past performance may not indicate future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as well as in historical backtesting.
This post and the script don’t provide any financial advice.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Quant Developer | Pine Script v6 | Python & R
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
Quant Developer | Pine Script v6 | Python & R
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
12+ yrs system. trading, hedge fund experience
Indicators, strategies & screeners
Futures & options
💼 Hire/Consulting:
qntly.com/hire
🎓 Pine Code With AI:
qntly.com/pineai
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。