Get started
sonnyparlin

TemaVWAPRSI Strategy

sonnyparlin Updated   
Relative Strength Index (RSI) Volume Weighted Average Price (VWAP) Exponential Moving Average (EMA) Triple Exponential Moving Average (TEMA)
290
3
relativestrengthindex vwap ema tema
Exchange: Kraken
Timeframe: 5m
Pair: ETH/USD

If you use this for any other exchange or pair, you'll have to tweak the settings, most importantly are the trailing stop ticks. This strategy is currently in what I would call beta mode. It uses the volume weighted average price indicator, rate of change, two triple exponential moving averages and the relative strength index to find buy and sell signals.
Release Notes:
Converted to pinescript v5
Release Notes:
Simplified things and fixed some unintended behavior. Configured for BTCUSD on BINANCE, 5m candles.
Release Notes:
Starting capitol is set to $1000.
Release Notes:
Updated some initial values, added some small changes. Configured for bitcoin on binance, 5m candles.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?