// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © yashp1334 //@version=4 // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © yashp1334 //@version=4 strategy("RSI Strategy", overlay=false) length = input( 14 ) overSold = input( 30 ) overBought = input( 70 ) price = close rsi = rsi(price, length) band1 = hline(overSold, "overSold", color=#C0C0C0) band0 = hline(overBought, "overBought", color=#C0C0C0) plot(rsi, "RSI", color=color.red) fill(band1, band0, color=color.black, transp=90, title="Background") buysignal = crossover(rsi, overSold) sellsignal = crossunder(rsi, overBought) //time conditions //INTRADAY s=input(title="INTRA DAY TRADE SESSION",type=input.session,defval="0915-1450") st=time(timeframe.period,s) e=input(title="END SESSION",type=input.session,defval="1515-1520") et=time(timeframe.period,e) symbol=syminfo.ticker //trading custom quantities quant=input(title="Trade Quantity",defval=1) lxse="TYPE: LX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) sxle="TYPE: SX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) le="TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) lx="TYPE:LX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) se="TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) sx="TYPE:SX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) if (not na(rsi)) if(buysignal and st and strategy.position_size==0) strategy.entry("BUY",strategy.long,comment=le) if(sellsignal and st and strategy.position_size==0) strategy.entry("SELL",strategy.short,comment=se) if(buysignal and st and strategy.position_size!=0) strategy.entry("BUY",strategy.long,comment=sxle) if(sellsignal and st and strategy.position_size!=0) strategy.entry("SELL",strategy.short,comment=lxse) //adding stoploss and target option ut=input(defval=false,title="USE TARGET") us=input(defval=false,title="USE STOPLOSS") tar=input(defval=10.0,title="TARGET IN RS") stop=input(defval=7.0,title="STOP LOSS IN RS") tar:=tar/syminfo.mintick stop:=stop/syminfo.mintick if(ut==true and us==false) strategy.exit(id="LX",from_entry="BUY",profit=tar,comment=lx) strategy.exit(id="SX",from_entry="SELL",profit=tar,comment=sx) if(us==true and ut==false) strategy.exit(id="LX",from_entry="BUY",loss=stop,comment=lx) strategy.exit(id="SX",from_entry="SELL",loss=stop,comment=sx) if(ut==true and us==true) strategy.exit(id="LX",from_entry="BUY",profit=tar,loss=stop,comment=lx) strategy.exit(id="SX",from_entry="SELL",profit=tar,loss=stop,comment=sx) strategy.close(id="BUY",when=et,comment=lx) strategy.close(id="SELL",when=et,comment=sx)