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Automated Trade Using RSI Crossover on ThinkorSwim

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shortthestrike

Today we’ll be going through the process of automating a portion of our trading using the thinkorswim platform. For this one, we’ll be using a fairly simple example, submitting an order to buy and sell the stock when there's an RSI crossover.

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In this example we'll create an order to buy a particular when the RSI crosses above the 30 line, and then sell the stock when it crosses below the 70 line.

Timestamps
0:00 Intro
1:33 Placing a buy order
2:19 Adding RSI condition
6:54 Placing a sell order
10:24 Outro

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posted by pustinjezc