This strategy is a result of a study to understand better the workings of functions, for loops and the use of lines to visualize price levels. The strategy is a complete rewrite of the older RSI+PA+DCA Strategy with the goal to make it dynamic and to simplify the strategy settings to the bare minimum.
In case you are not familiar with the older RSI+PA+DCA...
Hi everybody,
This strategy is a RSI, Price Averaging, Pyramiding Strategy based on the earlier RSI+PA+DCA strategy. See below.
For this slightly different strategy I left the DCA option out and instead focused on the Take Profit calculation. In the previous strategy the Take Profit was directly connected to the Average Price level with a specified take...