Hull Trend and RSI Pullbacks with Lookback Stops and Risk-Reward Targets

Summary

This script combines the direction of a Hull moving average with RSI pullbacks. When the Hull average is rising, an RSI cross below its lower trigger can open a long; when it is falling, an RSI cross above its upper trigger can open a short. It allows one entry per Hull trend cycle, resetting that restriction when the trend direction changes. The initial stop comes from the recent low for longs or recent high for shorts, and a target is calculated as a multiple of the entry-to-stop distance. A change in Hull direction can also close the position.

The posted defaults include a Hull base length of 55 multiplied by 10, a 14-period RSI, a 13-bar stop lookback, and a 5-to-1 risk-reward setting. These are script inputs, not evidence of optimized or profitable settings. Although accompanying text calls the stop trailing, the code sets it at entry from a lookback extreme; it does not visibly update it as the trade progresses. The document includes no backtest period, results, fees, or comparison, so performance and execution behavior remain unestablished.

Key ideas

• Hull moving-average slope determines whether the strategy seeks long or short trades.
• RSI crossings against the prevailing Hull direction provide pullback entry signals.
• The script limits entries to one per Hull trend cycle.
• Stops use recent price extremes, and profit targets scale the initial risk by a configured ratio.
• Trend reversals can close positions, while no backtest evidence is supplied.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.