3Commas Bot: Free TradingView Strategy (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Entries can be limited to one direction or allowed to reverse. Stops sit beyond a swing high or low by an ATR multiple, and a reward-to-risk limit can close the trade. An optional ATR trailing stop starts after a chosen fraction of the target. Settings change average type and length, risk multiple, drawdown halt, and a session that blocks new trades.

Dual moving-average trade bias
Swing high and low stops
ATR trailing stop option
Reward-to-risk limit exit
Drawdown halt and session filter

Details

Published by

amico1234 on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

080422/trade_strategy.pine

Repository

github.com/amico1234/fintech555. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Detect Long Trades	`bool`	`true`	`longTrades`
Detect Short Trades	`bool`	`true`	`shortTrades`
Use Limit exit	`bool`	`true`	`useLimit`
Use ATR Trailing Stop	`bool`	`false`	`trailStop`
Allow Reversal Trades	`bool`	`false`	`FLIP`
Set Max Total DrawDown	`bool`	`false`	`setMaxDrawdown`
Reward to Risk Ratio	`float`	`1`	`RnR`
Risk Adjustment	`float`	`1`	`RiskM`
Swing Lookback	`int`	`5`	`swinglookback`
Max Drawdown (%)	`int`	`20`	`maxPercDd`
ATR length	`int`	`14`	`atrLen`
ATR Trailing Stop Multiplier	`float`	`1.0`	`trailStopSize`

Show all 39 settings

Setting	Type	Default	Variable
ATR Trailing Stop Source	`string`	`High/Low`	`trailSource`
R:R To Trigger Exit	`float`	`0.0`	`rrExit`
MA Type #1	`string`	`EMA`	`maType1`
MA Type #2	`string`	`EMA`	`maType2`
MA Length #1	`int`	`21`	`maLength1`
MA Length #2	`int`	`50`	`maLength2`
maBull1	`color`	`#64b5f6`	`maBull1`
maBear1	`color`	`#ef5350`	`maBear1`
maBull2	`color`	`#64b5f6`	`maBull2`
maBear2	`color`	`#ef5350`	`maBear2`
transp1	`int`	`0`	`transp1`
transp2	`int`	`0`	`transp2`
lineW1	`int`	`1`	`lineW1`
lineW2	`int`	`1`	`lineW2`
Draw entry price	`bool`	`false`	`drawEntry`
Draw trail trigger price	`bool`	`true`	`exitLvl`
Use Time Session Filter	`bool`	`false`	`useTimeFilter`
Time Session To Ignore Trades	`session`	`0000-0300`	`timeSession`
Start Filter	`time`	`timestamp("01 Jan 2000 00:00 GMT-7")`	`startTime`
End Filter	`time`	`timestamp("01 Jan 2099 00:00 GMT-7")`	`endTime`
start	`float`	`0.02`	`start`
increment	`float`	`0.02`	`increment`
maximum	`float`	`0.2`	`maximum`
Entry on Nth trend bar	`int`	`1`	`entry_bars`
start	`float`	`0.02`	`start`
increment	`float`	`0.02`	`increment`
maximum	`float`	`0.2`	`maximum`

Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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