This is a very simple long-only strategy I've used since December 2022 to manage my Bitcoin position.
I'm sharing it as an open-source script for other traders to learn from the code and adapt it to their liking if they find the system concept interesting.
General Overview
Always do your own research and backtesting - this script is not intended to be traded...
The script uses RSI as major trend identification and supported by RSI divergence for take profit, and also counter trend in certain cases.
Uses EMA 200 for major trend identification to filter false signals, Average Volume as confirmation and faster signal detection to the change of trend.
The indicator detects immediate change of trend and immediately...