Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Example Strategy EMA Crossover and RSI
This strategy opens a long position when there is a bullish crossover of the moving averages, and the RSI is in the oversold zone. Conversely, it opens a short position when a bearish crossover occurs, and the RSI is in the overbought zone.
Explanation:
Moving Averages: Calculates a short EMA and a long EMA. A buy signal is triggered when the short EMA crosses above the long EMA, and a sell signal is triggered when it crosses below.
RSI: Used to confirm entries based on overbought and oversold levels.
Entry Orders: The strategy executes buy and sell orders according to the crossover signals and RSI position.
Visualization: The EMAs are plotted on the price chart, and the RSI is displayed with background colors to indicate overbought and oversold conditions.
This script is customizable, so your subscribers can adjust the parameters to test different settings and find what works best for their strategy.
To edit the strategy in Pine Script, follow these steps:
Open TradingView: Go to the TradingView homepage and select a chart.
1. Access the Pine Editor: At the bottom of the chart, you’ll see a tab labeled "Pine Editor." Click on it to open the code editor.
2. Paste and Edit the Code: Delete any code already in the editor, then paste the script you want to modify. You can customize the parameters and add your own adjustments.
3. Save and Test: Once you’ve made your changes, click on the "Save" button and then "Add to Chart" to apply the strategy and see how it performs in real-time.
4. In the Pine Editor, you can also click on "Strategy Tester" to backtest the strategy with historical data and evaluate its performance.
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check out the New Video
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