Simple 3 step scalping strategy | Automated Code and Performance reveal
This simple scalping strategy only uses 3 steps. 1) The price is above the 20-day SMA line so the price is trending up 2) A candle stick formation where a red candle is followed by two green candles and 3) The RSI is above 50. In this video, the strategy is automated with the pine script, and the performance is evaluated with the strategy tester from TradingView.
Find the complete code here https://facelessfinance.blogspot.com/...
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-- Content --
0:00 Intro
0:53 Strategy Input and Code
2:24 Step 1, Finding the trend
3:40 Step 1 coding
4:20 Step 2, Candle pattern
5:10 Step 2 coding
6:19 Step 3, RSI
7:10 Step 3 coding
7:40 Buy/Sell Condition coding
9:20 Strategy in action
9:42 Strategy Performance
10:40 Outro
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