she a nice buys rt on time sells rt on time works off of RSI
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//@version=5
strategy("Neon Simple Trend Sniper",
overlay = true,
initial_capital = 10000,
pyramiding = 10,
default_qty_type = strategy.percent_of_equity,
default_qty_value = 10)
//––––– INPUTS
lenFast = input.int(21, "Fast EMA")
lenSlow = input.int(55, "Slow EMA")
rsiLen = input.int(14, "RSI Length")
rsiBuy = input.int(55, "RSI Buy Level", minval = 1, maxval = 99)
rsiSell = input.int(45, "RSI Sell Level", minval = 1, maxval = 99)
//––––– CALCULATIONS
fastEMA = ta.ema(close, lenFast)
slowEMA = ta.ema(close, lenSlow)
rsiVal = ta.rsi(close, rsiLen)
// Trend direction
bull = fastEMA > slowEMA
bear = fastEMA < slowEMA
//––––– ENTRY CONDITIONS
// More buys as price keeps moving in trend (pyramiding enabled)
longCond = bull and ta.crossover(close, fastEMA) and rsiVal > rsiBuy
shortCond = bear and ta.crossunder(close, fastEMA) and rsiVal < rsiSell
//––––– EXIT CONDITIONS
exitLong = ta.crossunder(close, fastEMA) or rsiVal < rsiSell
exitShort = ta.crossover(close, fastEMA) or rsiVal > rsiBuy
//––––– ORDERS
if longCond
strategy.entry("Long", strategy.long)
if shortCond
strategy.entry("Short", strategy.short)
if exitLong
strategy.close("Long")
if exitShort
strategy.close("Short")
//––––– VISUALS
plot(fastEMA, title = "Fast EMA", color = color.new(color.green, 0), linewidth = 2)
plot(slowEMA, title = "Slow EMA", color = color.new(color.red, 0))