Need Help RSI -- 9SMA Strategy

Butler

Member
I would like to build a STRATEGY that places a trade after RSI is OVERSOLD and then places a trade after price closes above the 9SMA (close).

Can someone please help me with this simple strategy. I would like to have thinkorswim give me the stats on it. Once I see the code to the above I will be able to run with the code like an Olympian. Just need help getting it started. Thank you

how do you build a condition to the above that says if rsi was less than 30 on the previous 10 bars and then price closed above the 9sma?
 
Last edited:
I would like to build a STRATEGY that places a trade after RSI is OVERSOLD and then places a trade after price closes above the 9SMA (close).

Can someone please help me with this simple strategy. I would like to have thinkorswim give me the stats on it. Once I see the code to the above I will be able to run with the code like an Olympian. Just need help getting it started. Thank you

how do you build a condition to the above that says if rsi was less than 30 on the previous 10 bars and then price closed above the 9sma?

to all,
every single time 'simple' is used in a post, the person leaves out information and has trouble describing the situation.
if you find yourself typing out 'simple' , stop and reread your post and see if it would make sense to someone not familiar with stocks.
if it was simple, the person would figure it out on their own.

-----------

'places a trade' is too vague.
are you opening a long trade?,
opening a short trade?
closing a long trade?
closing a short trade?

are those 2 separate buy conditions?
or do they have to happen within some quantity of bars, to initiate 1 trade?

what condition causes the trade to close?
 

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