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.
Skrypt open-source
W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
Chcesz użyć tego skryptu na wykresie?
💼 Hire me: qntly.com/hirepine
💻 Online Courses: qntly.com/courses
📝 Trials: qntly.com/trial
📖 Docs: qntly.com/docs
📰 Newsletter: qntly.com/news
𝕏: qntly.com/x
📩Telegram: qntly.com/tel
💻 Online Courses: qntly.com/courses
📝 Trials: qntly.com/trial
📖 Docs: qntly.com/docs
📰 Newsletter: qntly.com/news
𝕏: qntly.com/x
📩Telegram: qntly.com/tel
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.