When RSIofVwap crossover 70 and price is above ema200
when RSIofVwap reaches 90 level take a portion of profit
When RSIofVwap crossdown 30
defaulated to 5%
Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased adhering to stoploss value
Note: code doesnt draw the ( ) indicator to the chart. if you want to see how these signals are generated , you can select and of 14 period length.
For educational purposes only
2. Take Partial profits parameter added
3. Profit / Loss points added in comments section
Note : RSI 14 (source vwap) is not added / drawn to the chart. If you want to see how the signals are generated add vwap and RSI 14, then change the RSI source to vwap.
I never tried auto trading.
On Tradingview I see there is trading panel tab. Check if they have any auto trading videos ...
Yes I am working on strategy for shorting. I have to find good winning rate with nice profit factor. Then I will publish that ...