RS dynamic line Strategy

[Apprentice]

Open Long
Price cross over lower line( stream1)
Open Short
Price cross under upper line (stream2)

Exit (option)
Exit Long
Price cross over upper line( stream2)
Exit Short
Price cross under lower line( stream1)

RS dynamic line Strategy.lua

(17.86 KiB) Downloaded 976 times

Please Install RSdynamic_line Indicator.
You can find it here.
viewtopic.php?f=17&t=6306


MT4 version
https://fxcodebase.com/code/viewtopic.php?f=38&t=23440

[touchnsp]

I have a problem with this strategy. Using Time Frame 30m, to RSI_dynamic_indicator is set to 21 periods, manual gain from 5 to 150 pips, automatically signals from them to me incorrect, I do something wrong?

[Apprentice]

Can you provide an example from an actual chart.

[touchnsp]

and signal is:



but at this hour i don't see anything in the chart...

sometimes the signal are in delay... 30min delay...

[greentrader]

hi,

i have also encountered the same problem. it give alert when price crosses over middle line also.

[touchnsp]

nothing?

[Apprentice]

The strategy was revised and updated.

[sliova]

RS dynamic line Strategy.png

Open Long
Price cross over lower line( stream1)
Open Short
Price cross under upper line (stream2)

Exit (option)
Exit Long
Price cross over upper line( stream2)
Exit Short
Price cross under lower line( stream1)

RS dynamic line Strategy.lua

Please Install RSdynamic_line Indicator.
You can find it here.
viewtopic.php?f=17&t=6306

Hello Apprentice,

Since we already have MT4 version of RS line indicator(viewtopic.php?f=38&t=23440), if it's possible to transfer this strategy MT4 version as well?

thanks a lot

[Apprentice]

Your request is added to the development list.
Development reference 147.

[Apprentice]

MT4 version
https://fxcodebase.com/code/viewtopic.php?f=38&t=23440