NEW: added hammer-rsi.txt

tradingview/README.md

@@ -1,4 +1,8 @@
 # Strategy for use with tradingview.com
 
 ## macd-rsi.txt
-Long when MACD crossover upwards. Short when RSI exceeds 75. Simple strategy for use with stocks with a long-term uptrend. I'm still working on the code to not short but only close a portion of previous positions. Can't get strategy.close or strategy.close_all to work.
+Long when MACD crossover upwards. close all when RSI exceeds 75. Simple strategy for use with stocks with a long-term uptrend. 
+
+## hammer-rsi.txt
+Long when hammer is observed, close all when RSI exceeds 75. Simple strategy for use with stocks with a long-term uptrend.
+

tradingview/hammer-rsi.txt

@@ -0,0 +1,28 @@
+//@version=4
+strategy("Hammer-L RSI-S Strategy", overlay=true, initial_capital=12000, default_qty_type=strategy.cash, default_qty_value=4000)
+
+// Buy when hammer is observed in a downtrend
+//Bullish Hammer Up
+bhu1 = close - open > 0 and (close - open) / 3 > high - close and 
+   (open - low) / 2 > close - open and close - open > (open - low) / 8
+if bhu1 == true
+    strategy.entry("HammerLE", strategy.long, comment="HammerLE")
+
+// Sell when RSI exceeds 75
+length = input(14)
+overSold = input(30)
+overBought = input(75)
+price = close
+
+vrsi = rsi(price, length)
+co = crossover(vrsi, overSold)
+cu = crossunder(vrsi, overBought)
+
+if not na(vrsi)
+    if cu
+        strategy.close_all(when=open < close)
+        // strategy.exit(id = "MacdCU", qty_percent = 80, comment = "RsiC80")
+        // strategy.entry("Rsi75", strategy.short, comment="Rsi75")
+
+//plot(strategy.equity, title="equity", color=color.red, linewidth=2, style=plot.style_areabr)
+