Corpus Switch And Strings evaluates the spread using a string switch selection to compute either a 9-period Exponential Moving Average, a 9-period Simple Moving Average, or a 14-period RSI. The strategy enters a long position when the signal is positive and the previous spread was non-positive, and enters a short position when the signal is negative and the previous spread was non-negative. It plots directly on the main chart and contains no default stop loss or take profit exits.
Dual-symbol spread calculation via request.security
Switch-based signal mode selection for EMA, SMA, or RSI
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Mode
string
ema
mode
Signal TF
timeframe
15
signalTf
Primary
symbol
BINANCE:BTCUSDT
symbolA
Secondary
symbol
BINANCE:ETHUSDT
symbolB
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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