bb-rsi.pine

//@version=4
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Greeffer
strategy("Greeffer RSI Strategy", "Greeffer", true, format=format.volume, scale=scale.right, precision=0, pyramiding=5, default_qty_type=strategy.percent_of_equity, default_qty_value=2, initial_capital=100000, currency=currency.USD, commission_type=strategy.commission.percent, commission_value=0.075, process_orders_on_close=true)

source = close
length = input(20, minval=1)
mult = input(2.0, minval=0.001, maxval=50)

basis = sma(source, length)
dev = mult * stdev(source, length)

upper = basis + dev
lower = basis - dev

buyEntry = crossover(source, lower)
sellEntry = crossunder(source, upper)

// R S I
myRsi = rsi(close, 14)
//plot(myRsi, title="myRsi", color=color.blue, linewidth=2, style=plot.style_line, transp=70)
//hline(31, title='oversold', color=color.red, linestyle=hline.style_dotted, linewidth=1)
//hline(69, title='overbought', color=color.red, linestyle=hline.style_dotted, linewidth=1)

if (crossover(source, lower))
    strategy.entry("BBandRsiLE", strategy.long, stop=lower, oca_name="BollingerBands", oca_type=strategy.oca.cancel, comment="BBandLE")
else
    strategy.cancel(id="BBandLE")

if (crossunder(source, upper))
    strategy.entry("BBandSE", strategy.short, stop=upper, oca_name="BollingerBands", oca_type=strategy.oca.cancel, comment="BBandSE")
else
    strategy.cancel(id="BBandSE")

//plot(strategy.equity, title="equity", color=color.red, linewidth=2, style=plot.style_areabr)

// L o n g  C o n d i t i o n
longCondition = myRsi <= 29 and close > lower

if (longCondition)
    strategy.entry("RsiBuy", true, 2, oca_name="Rsi069", oca_type=strategy.oca.reduce)
    // strategy.entry("RsiBuy", true, 2)
    // strategy.entry("RsiBuy", true, 1, limit, stop, oca_name="Rsi069", oca_type=strategy.oca.reduce, comment="rsiLong", when=open > high[1])

// S h o r t  C o n d i t i o n
shortCondition = myRsi >= 70
if (shortCondition)
    strategy.entry("Rsi Sell", false, 2,2, oca_name="Rsi069", oca_type=strategy.oca.reduce)