2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v4 · On the chart
3 RSI MA movement crypto strategy
This Pine Script strategy calculates three RSI indicators with periods 50, 75 and 100 on the chosen source.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code107
Settings7inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
107 lines of Pine Script v4 from 3 RSI 6sma-ema ribbon crypto strategy.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © exlux99
//@version=4
strategy(title="3 RSI MA movement crypto strategy", overlay=true, initial_capital = 100, default_qty_type=strategy.percent_of_equity, default_qty_value=100, commission_type=strategy.commission.percent, commission_value=0.03, pyramiding=1 )
///////////////
fromDay = input(defval = 1, title = "From Day", minval = 1, maxval = 31)
fromMonth = input(defval = 1, title = "From Month", minval = 1, maxval = 12)
fromYear = input(defval = 2019, title = "From Year", minval = 1970)
//monday and session
// To Date Inputs
toDay = input(defval = 31, title = "To Day", minval = 1, maxval = 31)
toMonth = input(defval = 12, title = "To Month", minval = 1, maxval = 12)
toYear = input(defval = 2021, title = "To Year", minval = 1970)
startDate = timestamp(fromYear, fromMonth, fromDay, 00, 00)
finishDate = timestamp(toYear, toMonth, toDay, 00, 00)
time_cond = time >= startDate and time <= finishDate
source = input(ohlc4)
RSIFast = rsi(source, 50)
RSINorm = rsi(source, 75)
RSISlow = rsi(source, 100)
// plot(RSIFast, color=color.silver, style=plot.style_area, histbase=50)
// plot(RSINorm, color=#98b8be, style=plot.style_area, histbase=50)
// plot(RSISlow, color=#be9e98, style=plot.style_area, histbase=50)
// plot(RSIFast, color=color.gray, style=plot.style_line, linewidth=1)
// plot(RSINorm, color=color.purple, style=plot.style_line, linewidth=2)
// plot(RSISlow, color=color.black, style=plot.style_line, linewidth=3)
exponential = false//input(false, title="Exponential MA")
src = (RSIFast)
ma05 = exponential ? ema(src, 05) : sma(src, 05)
ma30 = exponential ? ema(src, 30) : sma(src, 30)
ma50 = exponential ? ema(src, 50) : sma(src, 50)
ma70 = exponential ? ema(src, 70) : sma(src, 70)
ma90 = exponential ? ema(src, 90) : sma(src, 90)
ma100 = exponential ? ema(src, 100) : sma(src, 100)
leadMAColor = change(ma30)>=0 and ma30>ma100 ? color.lime : change(ma30)<0 and ma30>ma100 ? color.red : change(ma30)<=0 and ma30<ma100 ? color.maroon : change(ma30)>=0 and ma30<ma100 ? color.green : color.gray
maColor(ma, maRef) =>
change(ma)>=0 and ma30>maRef ? color.lime : change(ma)<0 and ma30>maRef ? color.red : change(ma)<=0 and ma30<maRef ? color.maroon : change(ma)>=0 and ma30<maRef ? color.green : color.gray
// plot( ma30, color=maColor(ma30,ma100), style=plot.style_line, title="MMA30", linewidth=2)
// plot( ma50, color=maColor(ma50,ma100), style=plot.style_line, title="MMA50", linewidth=2)
// plot( ma70, color=maColor(ma70,ma100), style=plot.style_line, title="MMA70", linewidth=2)
// plot( ma90, color=maColor(ma90,ma100), style=plot.style_line, title="MMA90", linewidth=2)
long0=(leadMAColor==color.lime and maColor(ma30,ma100)==color.lime and maColor(ma50,ma100)==color.lime and maColor(ma70,ma100)==color.lime and maColor(ma90,ma100)==color.lime ) or (leadMAColor==color.green and maColor(ma30,ma100)==color.green and maColor(ma50,ma100)==color.green and maColor(ma70,ma100)==color.green and maColor(ma90,ma100)==color.green )
exit0=leadMAColor==color.maroon and maColor(ma30,ma100)==color.maroon and maColor(ma50,ma100)==color.maroon and maColor(ma70,ma100)==color.maroon and maColor(ma90,ma100)==color.maroon
exponential1 = false//input(false, title="Exponential MA")
src1 = (RSINorm)
ma051 = exponential1 ? ema(src1, 05) : sma(src1, 05)
ma301 = exponential1 ? ema(src1, 30) : sma(src1, 30)
ma501 = exponential1 ? ema(src1, 50) : sma(src1, 50)
ma701 = exponential1 ? ema(src1, 70) : sma(src1, 70)
ma901 = exponential1 ? ema(src1, 90) : sma(src1, 90)
ma1001 = exponential1 ? ema(src1, 100) : sma(src1, 100)
leadMAColor1 = change(ma051)>=0 and ma051>ma1001 ? color.lime : change(ma051)<0 and ma051>ma1001 ? color.red : change(ma051)<=0 and ma051<ma1001 ? color.maroon : change(ma051)>=0 and ma051<ma1001 ? color.green : color.gray
maColor1(ma, maRef) =>
change(ma)>=0 and ma05>maRef ? color.lime : change(ma)<0 and ma05>maRef ? color.red : change(ma)<=0 and ma05<maRef ? color.maroon : change(ma)>=0 and ma05<maRef ? color.green : color.gray
// plot( ma051, color=leadMAColor1, style=plot.style_line, title="MMA05", linewidth=1)
// plot( ma301, color=maColor1(ma301,ma1001), style=plot.style_line, title="MMA30", linewidth=3)
// plot( ma501, color=maColor1(ma501,ma1001), style=plot.style_line, title="MMA50", linewidth=3)
// plot( ma701, color=maColor1(ma701,ma1001), style=plot.style_line, title="MMA70", linewidth=3)
// plot( ma901, color=maColor1(ma901,ma1001), style=plot.style_line, title="MMA90", linewidth=3)
long1=(leadMAColor1==color.lime and maColor1(ma301,ma1001)==color.lime and maColor1(ma501,ma1001)==color.lime and maColor1(ma701,ma1001)==color.lime and maColor1(ma901,ma1001)==color.lime ) or (leadMAColor1==color.green and maColor1(ma301,ma1001)==color.green and maColor1(ma501,ma1001)==color.green and maColor1(ma701,ma1001)==color.green and maColor1(ma901,ma100)==color.green )
exit1=leadMAColor1==color.maroon and maColor1(ma301,ma1001)==color.maroon and maColor1(ma501,ma1001)==color.maroon and maColor1(ma701,ma1001)==color.maroon and maColor1(ma901,ma1001)==color.maroon
exponential2 = false//input(false, title="Exponential MA")
src2 = (RSISlow)
ma052 = exponential2 ? ema(src2, 05) : sma(src2, 05)
ma302 = exponential2 ? ema(src2, 30) : sma(src2, 30)
ma502 = exponential2 ? ema(src2, 50) : sma(src2, 50)
ma702 = exponential2 ? ema(src2, 70) : sma(src2, 70)
ma902 = exponential2 ? ema(src2, 90) : sma(src2, 90)
ma1002 = exponential2 ? ema(src2, 100) : sma(src2, 100)
leadMAColor2 = change(ma052)>=0 and ma052>ma1002 ? color.lime : change(ma052)<0 and ma052>ma1002 ? color.red : change(ma052)<=0 and ma052<ma1002 ? color.maroon : change(ma052)>=0 and ma052<ma1002 ? color.green : color.gray
maColor2(ma, maRef) =>
change(ma)>=0 and ma05>maRef ? color.lime : change(ma)<0 and ma05>maRef ? color.red : change(ma)<=0 and ma05<maRef ? color.maroon : change(ma)>=0 and ma05<maRef ? color.green : color.gray
// plot( ma052, color=leadMAColor2, style=plot.style_line, title="MMA05", linewidth=1)
// plot( ma302, color=maColor2(ma302,ma1001), style=plot.style_line, title="MMA30", linewidth=4)
// plot( ma502, color=maColor2(ma502,ma1001), style=plot.style_line, title="MMA50", linewidth=4)
// plot( ma702, color=maColor2(ma701,ma1001), style=plot.style_line, title="MMA70", linewidth=4)
// plot( ma902, color=maColor2(ma901,ma1001), style=plot.style_line, title="MMA90", linewidth=4)
long2=(leadMAColor2==color.lime and maColor2(ma302,ma1002)==color.lime and maColor2(ma502,ma1002)==color.lime and maColor2(ma702,ma1002)==color.lime and maColor2(ma902,ma1002)==color.lime ) or (leadMAColor2==color.green and maColor2(ma302,ma1002)==color.green and maColor2(ma502,ma1002)==color.green and maColor2(ma701,ma1002)==color.green and maColor2(ma901,ma1002)==color.green )
exit2=leadMAColor2==color.maroon and maColor2(ma302,ma1002)==color.maroon and maColor2(ma502,ma1002)==color.maroon and maColor2(ma702,ma1002)==color.maroon and maColor2(ma902,ma1002)==color.maroon
long= long1 or long2
exit= exit1 or exit2
// ------------------------- Strategy Logic --------------------------------- //
var longOpened = false
var shortOpened = false
var int timeOfBuy = na
longConditionLongOnly= long and not longOpened
if longConditionLongOnly
longOpened := true
timeOfBuy := time
longExitSignal = exit
exitLongConditionLongOnly = longOpened[1] and longExitSignal
if exitLongConditionLongOnly
longOpened := false
timeOfBuy := na
//plotshape(longConditionLongOnly, color=color.green, text= "Buy", location= location.belowbar,style= shape.labelup, textcolor=color.white, size = size.tiny, title="Buy Alert",editable=false, transp=60)
//plotshape(exitLongConditionLongOnly, color=color.red, text= "exit", location= location.abovebar,style= shape.labeldown, textcolor=color.white, size = size.tiny, title="Sell Alert", editable=false, transp=60)
//alertcondition(longConditionLongOnly ,title='Buy Alert', message='Buy Alert')
//alertcondition(exitLongConditionLongOnly , title='exit Alert', message='exit Alert')
if(time_cond)
strategy.entry("long",1,when=longConditionLongOnly)
strategy.entry("short",0,when=exitLongConditionLongOnly)
Expand (145 lines)
Overview
3 RSI MA movement crypto strategy computes multiple simple and exponential moving averages on the fast RSI and assigns colors based on changes relative to the slow RSI. Long entries trigger when the lead MA and several other MAs align in green or lime for bullish alignment. Exit signals activate when all MAs turn maroon indicating bearish conditions. The strategy overlays signals directly on the price chart using 100 percent equity position sizing and 0.03 percent commission per trade. Main inputs filter the period by start and end dates and allow selection of source and MA calculation method. It draws on the price chart. There is no stop loss by default.
- RSI indicators
- MA ribbons
- color coded signals
- date range filter
- crypto strategy
Details
Published by
hasnocool on GitHub
Code credit
exlux99, as written in the script's header
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Moving averages, Trend
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
- The strategy enters trades without a stop loss
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| From Day | int | 1 | fromDay |
| From Month | int | 1 | fromMonth |
| From Year | int | 2019 | fromYear |
| To Day | int | 31 | toDay |
| To Month | int | 12 | toMonth |
| To Year | int | 2021 | toYear |
| source | source | ohlc4 | source |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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