OPEN-SOURCE SCRIPT
Europon Reversal FX Rush Ver2 Strategy
Europon Reversal FX Rush Ver2 Strategy is an RSI reversal and averaging-entry strategy designed primarily for EURGBP on the 1-hour chart.
The strategy uses a 3-period RSI value from two bars ago. A long position is opened when the shifted RSI falls below 40. A short position is opened when the shifted RSI rises above 60.
When averaging entries are enabled, the strategy can add positions as RSI moves further into the reversal zone. Long additions require progressively lower RSI values and a bullish previous candle. Short additions require progressively higher RSI values and a bearish previous candle.
The strategy supports up to three entries in the same direction. An opposite signal closes the current position and can initiate a position in the opposite direction.
Default settings:
Recommended market: EURGBP
Recommended timeframe: H1
RSI Period: 3
RSI Signal Shift: 2
RSI High Level: 60
RSI Low Level: 40
Trading Hours: 01:00 to 09:00 server time
Maximum Positions: 3
Long Nanpin: Enabled
Short Nanpin: Enabled
Stop Loss Request: 4.0
Take Profit Request: 4.0
Price Unit: 0.01
Because TradingView’s broker emulator differs from MT4/MT5 execution, strategy results may not match EA backtests or live broker execution. Averaging-entry strategies can significantly increase risk during strong directional markets.
This script is intended for chart analysis, backtesting support, research, and educational purposes only.
It does not guarantee future performance and should not be considered financial advice.
Please test carefully before using it in any trading decision.
The strategy uses a 3-period RSI value from two bars ago. A long position is opened when the shifted RSI falls below 40. A short position is opened when the shifted RSI rises above 60.
When averaging entries are enabled, the strategy can add positions as RSI moves further into the reversal zone. Long additions require progressively lower RSI values and a bullish previous candle. Short additions require progressively higher RSI values and a bearish previous candle.
The strategy supports up to three entries in the same direction. An opposite signal closes the current position and can initiate a position in the opposite direction.
Default settings:
Recommended market: EURGBP
Recommended timeframe: H1
RSI Period: 3
RSI Signal Shift: 2
RSI High Level: 60
RSI Low Level: 40
Trading Hours: 01:00 to 09:00 server time
Maximum Positions: 3
Long Nanpin: Enabled
Short Nanpin: Enabled
Stop Loss Request: 4.0
Take Profit Request: 4.0
Price Unit: 0.01
Because TradingView’s broker emulator differs from MT4/MT5 execution, strategy results may not match EA backtests or live broker execution. Averaging-entry strategies can significantly increase risk during strong directional markets.
This script is intended for chart analysis, backtesting support, research, and educational purposes only.
It does not guarantee future performance and should not be considered financial advice.
Please test carefully before using it in any trading decision.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.