New script
Bitcoin buy and sell
// RSI and EMA strategy for Bitcoin on Bitfinex with buy and sell signals
// Constants
// RSI period
rsi_period = 14
// EMA periods
ema_fast_period = 10
ema_slow_period = 20
// Indicators
rsi = rsi(close, rsi_period)
ema_fast = ema(close, ema_fast_period)
ema_slow = ema(close, ema_slow_period)
// Trading logic
if (rsi > 70)
strategy.entry("Long", strategy.long)
strategy.entry("Buy", strategy.long)
else if (rsi < 30)
strategy.entry("Short", strategy.short)
strategy.entry("Sell", strategy.short)
if (ema_fast > ema_slow)
strategy.exit("Exit long", "Long")
strategy.close("Buy")
else if (ema_fast < ema_slow)
strategy.exit("Exit short", "Short")
strategy.close("Sell")
// RSI and EMA strategy for Bitcoin on Bitfinex with buy and sell signals
// Constants
// RSI period
rsi_period = 14
// EMA periods
ema_fast_period = 10
ema_slow_period = 20
// Indicators
rsi = rsi(close, rsi_period)
ema_fast = ema(close, ema_fast_period)
ema_slow = ema(close, ema_slow_period)
// Trading logic
if (rsi > 70)
strategy.entry("Long", strategy.long)
strategy.entry("Buy", strategy.long)
else if (rsi < 30)
strategy.entry("Short", strategy.short)
strategy.entry("Sell", strategy.short)
if (ema_fast > ema_slow)
strategy.exit("Exit long", "Long")
strategy.close("Buy")
else if (ema_fast < ema_slow)
strategy.exit("Exit short", "Short")
strategy.close("Sell")
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.