█ OVERVIEW
This script introduces a more dynamic approach to generating trading signals using the RSI indicator and a threshold that adapts to price trends and dispersion. This methodology comes from Francesco Bufi's article "Overbought/Oversold Oscillators: Useless Or Just Misused" from the October 2024 edition of TASC's Traders' Tips .
█ CONCEPTS
According...
// Custom Vortex Strategy (backtester)
// Custom version of the Vortex indicators that adds many features:
// -Triggers trades after a threshold is reached instead of the normal vortex lines cross (once the difference between the 2 lines is important enough)
// -Smooths the Vortex lines with an EMA
// -Adds Take Profit and Stop Loss selection
// -Adds the...