Algo Trade Indian: 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

Algo Trade Indian also plots a volume-weighted average price line and a 50-period exponential moving average, and raises alerts when price crosses above the session high or below the session low. The visible code places no orders, and a commented-out Supertrend section is left unused.

Opening-range high, low and mid lines
VWAP and 50 EMA overlays
Alerts on opening-range crossovers
Configurable start hour and minute

Details

Published by

akash-yellgetti on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

M15-H1

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

src/pinescript/execution-script.pine

Repository

github.com/akash-yellgetti/api.web. 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
Length	`int`	`len`	`length`
Start Hour	`int`	`9`	`Start Hour`
Start Minute	`int`	`30`	`Start Minute`
Show Breaks	`bool`	`true`	`toggleBreaks`
Left Bars	`int`	`2`	`leftBars`
Right Bars	`int`	`2`	`rightBars`
Volume Threshold	`int`	`2`	`volumeThresh`
Source	`source`	`close`	`src`
Fast Length	`int`	`5`	`fastLen`
Slow Length	`int`	`10`	`slowLen`
Exponential Moving Average	`bool`	`true`	`ema`
Slope	`float`	`0.5`	`mult`

Show all 17 settings

Setting	Type	Default	Variable
Slope Calculation Method	`string`	`Atr`	`calcMethod`
backpaint	`bool`	`true`	`backpaint`
Up Trendline Color	`color`	`color.green`	`upCss`
Down Trendline Color	`color`	`color.red`	`dnCss`
Show Extended Lines	`bool`	`true`	`showExt`

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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