OPEN-SOURCE SCRIPT
RSI_OTT - TP/SL
While creating this strategy, I was inspired by "ott(by Anıl Özekşi)" and "RSI + Bollinger Double Strategy(by ChartArt)".
Basically, the strategy uses ott bands instead of bollinger bands in the "RSI+Bollinger Double Strategy".
User can select take profit, stop loss, position direction(long, short or both) and the other ott parameters via interface.
Basically, the strategy uses ott bands instead of bollinger bands in the "RSI+Bollinger Double Strategy".
User can select take profit, stop loss, position direction(long, short or both) and the other ott parameters via interface.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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