by 
2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v5 · On the chart
Acrypto - Weighted Strategy
This strategy plots on the price chart and opens long or short positions when a weighted score from MACD, Stochastic RSI, RSI, Supertrend and a moving-average crossover exceeds a user-set trigger.
GitHub stars318on the repository
Pine versionv5runs as is
Lines of code774
Settings40inputs
LicenceCustom licence
Last update3 years ago4 Nov 2022
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
Each component has its own weight and candle delay. Entries can be limited to a date window and to longs, shorts or both. A percentage stop, based on a chosen source, can stay fixed or move after take-profit events, and up to six partial take-profit levels close portions of the position. Position size defaults to the full equity.
- Weighted MACD, RSI, Stoch RSI, Supertrend and MA signals
- Optional long and short entries
- Percentage stop with movable stop options
- Up to six partial take-profit levels
- Date-range backtest window
Details
Published by
AlbertoCuadra on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Topics
algoalgo-tradingalgo-trading-strategiestrading-bottradingtradingviewtradingview-pine-scriptspinescriptpinescript-strategiestrading-strategies
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Allow Longs | bool | true | allow_longs |
| Allow Shorts | bool | true | allow_shorts |
| From Day | int | 1 | from_day |
| From Month | int | 1 | from_month |
| From Year | int | 2021 | from_year |
| To Day | int | 1 | to_day |
| To Month | int | 1 | to_month |
| To Year | int | 9999 | to_year |
| Stop loss | bool | true | stoploss |
| Move stop loss | string | TP-2 | movestoploss |
| Move stop loss to entry | bool | false | movestoploss_entry |
| Stop Loss % | float | 6.0 | stoploss_perc |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Move stop loss factor % | float | 20.0 | move_stoploss_factor |
| Stop Source | source | hl2 | stop_source |
| Take profits | bool | true | take_profits |
| Max number of TP | int | 6 | MAX_TP |
| Long - take profits each x (%) | float | 6.8 | long_profit_perc |
| Long - take x (%) from open position | float | 15 | long_profit_qty |
| Short - take profits each x (%) | float | 13 | short_profit_perc |
| Short - take x (%) from open position | float | 10 | short_profit_qty |
| Candles delay MACD | int | 1 | delay_macd |
| Candles delay Stoch RSI | int | 2 | delay_srsi |
| Candles delay RSI | int | 2 | delay_rsi |
| Candles delay Supertrend | int | 1 | delay_super |
| Candles delay MA cross | int | 1 | delay_cross |
| Candles delay exit | int | 7 | delay_exit |
| Strategy 0: Weighted Strategy | bool | true | str_0 |
| Weight Signal entry [0, 5] | int | 2 | weight_trigger |
| Weight Strategy 1 [0, 5] | int | 1 | weight_str1 |
| Weight Strategy 2 [0, 5] | int | 1 | weight_str2 |
| Weight Strategy 3 [0, 5] | int | 1 | weight_str3 |
| Weight Strategy 4 [0, 5] | int | 1 | weight_str4 |
| Weight Strategy 5 [0, 5] | int | 1 | weight_str5 |
| Strategy 1: MACD | bool | true | str_1 |
| MA 1 | int | 16 | MA1_period_1 |
| MA1 Type | string | EMA | MA1_type_1 |
| MA1 Source | source | hl2 | MA1_source_1 |
| MA 2 | int | 36 | MA2_period_1 |
| MA2 Type | string | EMA | MA2_type_1 |
| MA2 Source | source | high | MA2_source_1 |
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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