rajista

RSI Buy/sell signal with TP_SL_TL_15min by rajista

RSI Buy/sell signal with TakeProfit_Stop loss_Trailing_SL script -can be used on any altcoin/btc pair on the 15min chart.

This script can be used for backtesting pupose and also to give buy/sell signals based on the settings provided by you.


Benefits of the script:

1> Fully customizable script according to your trade setups.
2> The script incorporates Take-profit, Stop-loss & Trailing SL.
3> Cuts your losses significantly, in comparision to a script without TP, SL & TL strategies.
4> Based on RSI Overbought/Oversold levels, which can also be customizable.
5> Doesn't take too many trades in a day, thereby decreasing commission paid to exchanges & hence enhances the overall profit.

Here's how, you can fully customize the script, according to your strategy, once you have been provided access:

(To gain access to the script just hit the like/comment in the #tradingview published article & i'll grant access based on your tradingview userid)

You can add this script to your charts in 15min timeframe, like adding any other simple indicator.

Once you have added the script, just hit the settings button to fully customize the script according to your strategy and plan, that you have, for your trade setup.

Take profit, Stop loss, Trailing Stop loss values can be entered in satoshis from the setting panel.
RSI Overbought & Oversold values can also be entered according to your trading setup.


Like in below example, i have put the following values as default

Test date is set as 1 May 2018
Take profit=1000, stop loss=5, Trailing SL=40
RSI Overbought=70, Oversold=20


"Above mentioned values are default values and may not be profitable in every condition, you have to backtest the strategy by changing these values and then see the results of given values under the Strategy tester tab- located at bottom of your #tradingview chart. "


Lets see how the scipt is able to make these awesome gains:

Suppose your script enters a trade(buys Verge) when #Verge is at 800sats

Then the bot will close the trade(sell Verge) when either of these things happen:

a> Verge surges to 1800 sats , then the script will close trade by Taking profit
b>Verge increases to 850 only, but the RSI value in 15min chart has gone above 70 (Overbought-default value) then scipt will close trade.
c>Verge decreases to 995 sats , then script will close trade by Stop loss hit.
d>Verge surges to 840 but then again drops slightly to 835, script will again close trade by Trailing SL hit.



Initial capital is set to 10 btc

Make sure to check the performance summary tab below and overview of the script running on #XVGBTC since 1 May 2018-Till date

Profit-11.6% while running script
Where Buy and hold return for verge in the same period is:


Detailed review of the script with performance summary on 3 altcoins- #TRON #Verge & #Neblio and other howto's given in the artilce below:

https://steemit.com/cryptocurrency/@raji...


Follow me:
https://www.tradingview.com/u/rajista
https://twitter.com/rajista007
https://steemit.com/@rajista007

-to get an instant notification, once i publish a script or a trading analysis/trade-setup, which will always be available for free for everyone!!!

If you have found something useful here or benefited from my trade-calls/scripts, then kindly hit the upvote/follow me here, #tradingview as well as in #twitter.

If you are in a tipping mood , you can buy me a beverage :)
LTC: LRapgEkUPwV2qENjtt3NEH8d4PPvW3sFfm
XRP Address: rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh XRP Tag: 778576383
BTC: 1LM7tHMvLSghnBw2WTk3MSvfDyiGP5uGpd
ETH: 0x47eefeeea7e7b0d0840e841fbf3b3ab28ea86f88










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Thanks for all comments above ! Is it possible to have access to script code ? Thanks in advance
Reply
Hi, This looks great! Id love to try it. Will you please give me access? thanks :)
Reply
Hi, I'd like to test this script, could you please give me access? Cheers
Reply
Hey, can you give me access? Thanks.
Reply
it good ..can i have access to this one ,please
Reply
Thanks for your work m8. Can I try the script as well?
Reply
If you can let me use it, the effect
Reply
Hey this looks great! Can you link me up? Thanks for all your hard work!
Reply
Thanks for creating the script. I would like to try it.
Reply
wow, your work is really good. congrats. I would love to be part of it, can i have access please?

thank you
+1 Reply
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