OPEN-SOURCE SCRIPT
Vix FIX / StochRSI Strategy
This strategy is based off of Chris Moody's Vix Fix Indicator. I simply used his indicator and added some rules around it, specifically on entry and exits.
Rules:
This works great on a number of stocks. I am keeping a list of stocks with decent Profit Factors and clean equity curves here.
Possible ways to use this:
Rules:
- Enter upon a filtered or aggressive entry
- If there are multiple entry signals, allow pyramiding
- Exit when there is Stochastic RSI crossover above 80
This works great on a number of stocks. I am keeping a list of stocks with decent Profit Factors and clean equity curves here.
Possible ways to use this:
- Modify this script and setup alerts around the various entries
- Use as is with different stocks or currency pairs
- Modify entry / exit points to make it more profitable for even more symbols and currencies
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
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.