RSILength = input(4, "RSI Length")
testPeriod() =>
time >= testPeriodStart and time <= testPeriodStop ? true : false
longSMA = sma(close, 200) // 200-day moving average
rsi = rsi(close, RSILength) // relative strength indicator with custom length
longCondition = close > longSMA // closing price is above 200-day sma
if longCondition and testPeriod()
strategy.entry("CALL", strategy.long, 100, when=rsi <= RSIEntry)
strategy.close("CALL", when=rsi >= RSIExit)
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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.