//@version=5 strategy(“RSI(6) Buy at 30, EMA(34) Sell with Stop Loss”, overlay=true)
// Parameter setting rsiPeriod is equal to 6 EmaPeriod is 54 buyLevel is equal to 30. positionSize is 0.02
// Calculate RSI and EMA rsiValue = ta.rsi ((close, rsiPeriod)) emaValue = ta.ema ((close, emaPeriod) is the value of the data.
// Purchase conditions: RSI below 30 BuySignal = ta.crossunder ((rsiValue, buyLevel))
// Selling conditions: price above the EMA 54 sellSignal = close > emaValue
// Record the opening price var float entryPrice = na
// Buying logic: just do more if (buySignal and strategy.position_size == 0) This is a list of all the different ways Strategy.entry is credited in the database. entryPrice := close // records the opening price at the time of purchase
// Stop loss logic: set the stop loss to 0.5%
if (strategy.position_size > 0)
stopLossPrice = entryPrice * 0.995 // 0.5% stop loss
if (close <= stopLossPrice)
strategy.close ((
// Equalization logic: Equalization when the price is above the EMA 54
if (strategy.position_size > 0 and sellSignal)
strategy.close ((