AK_RSI 2 Strategy ( based on Chris Moody RSI(2) indicator )

Good Morning,

Republishing this in the script section to make the code visible to everyone. This strategy is based on Chris Moody's RSi (2) indicator. Good success rate on SPY             . Again, this is for educational purposes only .


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// Algokid code v. 1.00 
strategy("AK_RSI 2 Strategy", overlay=true)

RS = rsi(close,2)

ma5 = sma(close,5)
ma200 = sma(close,200)

longCondition = close > ma200 and close < ma5 and RS < 5

if (longCondition)
    strategy.entry("My Long Entry Id", strategy.long)
strategy.close_all(when = close > ma5)

shortCondition = close < ma200 and close > ma5 and RS > 90
if (shortCondition)
    strategy.entry("My Short Entry Id", strategy.short)
strategy.close_all(when = close < ma5)

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