OPEN-SOURCE SCRIPT
已更新

Simple RSI Strategy - Rule Based Higher Timeframe Trading

3 656
快照

HOW IT WORKS
With the default settings, the strategy buys when RSI reaches 30 and closes when RSI reaches 40.

That’s it.

A simple, rule-based mean reversion strategy designed for higher timeframes, where market noise is lower and trading becomes easier to manage.

Core logic:
  • Long when RSI moves into oversold territory
  • Exit when RSI mean-reverts upward
  • Optional short trades from overbought levels
  • One position at a time (no pyramiding)


No filters.
No discretion.
Just clear, testable rules.

快照

MARKETS & TIMEFRAMES
This strategy is intended for:
  • Indices (Nasdaq, S&P 500, DAX, etc.)
  • Liquid futures and CFDs
  • Higher timeframes: 2H, 4H and Daily


The published example is Nasdaq (NDX) on the 2-hour timeframe.
Higher timeframes are strongly recommended.

HOW TO USE IT
  • Apply the strategy on a higher timeframe
  • Adjust RSI levels per market if needed
  • Use TradingView alerts to avoid constant screen-watching
  • Focus on execution, risk control, and consistency


This strategy is meant to be a building block, not a complete trading business on its own.
For long-term consistency, it works best when combined with other uncorrelated, rule-based systems.

IMPORTANT
  • This is not financial advice
  • All results are historical and not indicative of future performance
  • Always forward-test and apply proper risk management


For additional notes, setups and related systems, visit my TradingView profile page.
發行說明
Added optional stop loss and take profit settings based on ATR.
發行說明
Added optional stop loss and take profit settings based on ATR.

免責聲明

這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。