//@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)