This long-only strategy generates buy signals when price trades above both the 50-period and 200-period Simple Moving Averages while a smoothed RSI indicator crosses above a specified threshold.
1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
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
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
50 & 200 SMA + RSI Ortalaması Stratejisi exits positions when price drops below the 50-period SMA and the smoothed RSI falls below its exit threshold. The strategy plots the 50 and 200 SMAs directly on the price chart. Users can adjust SMA lengths, RSI periods, and RSI moving average thresholds. It features no hard stop-loss or take-profit rules, relying exclusively on indicator-based exits.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Kısa SMA Periyodu (50)
int
50
smaLenShort
Uzun SMA Periyodu (200)
int
200
smaLenLong
RSI Periyodu
int
21
rsiLen
RSI Hareketli Ortalama Periyodu
int
9
rsiMaLen
Alış RSI Ort. Eşiği
float
57.0
buyRsiMaLvl
Satış RSI Ort. Eşiği
float
57.0
sellRsiMaLvl
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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