Code involving EMA and RSI

Algos, strategies, code
1

Hi,

I wanted two codes with a slight tweak - I've listed down the conditions below:

Buy: When the EMA 6 crosses the EMA 12 UP and at the same time RSI cross 50th level from lower to upper

Sell: When the EMA 6 crosses the EMA 12 DOWN and at the same time RSI cross 50th level from upper to lower

The 2nd one:

Buy: When the EMA 6 crosses the EMA 12 UP and at the same time RSI 10 crosses RSI 80 UP

Sell: When the EMA 6 crosses the EMA 12 DOWN and at the same time RSI 10 crosses RSI 80 DOWN

Thanks for all your help!

Regards,

Keith

2

As per the above condition

1st

Buy Script:

CROSSOVER(EMA(CLOSE,6),EMA(CLOSE,12)) AND RSI(CLOSE,14)>50

Sell Script:

CROSSOVER(EMA(CLOSE,12),EMA(CLOSE,6)) AND RSI(CLOSE,14)<50


2nd

Buy Script:

CROSSOVER(EMA(CLOSE,6),EMA(CLOSE,12)) AND RSI(CLOSE,10)>80

Sell Script:

CROSSOVER(EMA(CLOSE,12),EMA(CLOSE,6)) AND RSI(CLOSE,10)<80
1 Like
3

Thanks AlgoGeek :slight_smile:

4

Dear algogeek… In the above response you have given code only for Ema… Query was asking for Ema in combination with rsi… Can u pls include rsi also in that?