Strategy based on Pivot and RSI
Budget: €100 – €150 EUR
I want to use Pivot levels to open or close a Long or Short position. In addition, I want to close a position if highly overbought or highly oversold, based on RSI. If highly overbought or sold I want to wait either 10 bars, or if the market has cooled off (RSI crossed back under or over 50).
Draft Code based on an indicator of Tradingview is provided
Draft Code based on an indicator of Tradingview is provided