Tradingview Pinescript Backtesting program for Indicator - RSI (Relative Strength Index)
program suitable for : swing/positional trading
Entry Conditions :- Modular format
buy/long entry when crossover/crossunder 'rsi buy level'
sell/short entry when crossover/crossunder 'rsi sell level'
TP-SL based exit feature
for any queries/doubts/confirmations do contact us first.
RSI trading strategy backtesting
- custom start and end date setting for backtesting results
- modular format for 'entry conditions' (crossover/crossunder above/below rsi buy/sell levels)
- percent (%) based TP-SL setting
- plotting TP-SL levels
- automation ready program
- choose from :- long/buy trades only or short/sell trades only or all trades
- counter signal allowance (enter counter signal trade when already in a position)
The following limitations are w.r.t. the overall working formats of a pinescript program.
- rsi indicator is not plotted on the charts (for visual purpose)
- TP-SL hit on the 'entry-candle' itself won't be properly triggerred
above are the known limitations, do note, it may note be limited to only these.