DX Strat

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © jawauntb

//@version=5
strategy("DX Strat", overlay=true, initial_capital=1000, default_qty_type=strategy.percent_of_equity, default_qty_value=100)

// ————————————————————— Composite RSI —————————————————————

rsiSource = input(close, title="RSI Source")
RSIDelta = ta.rsi(rsiSource, 14) - ta.rsi(rsiSource, 14)[1]
RSIsma = ta.sma(ta.rsi(rsiSource, 3), 3)
momentumRSI = RSIDelta + RSIsma
sma13 = ta.sma(momentumRSI, 13)
sma33 = ta.sma(momentumRSI, 33)

// ————————————————————— EMA 13 and MA 30 —————————————————————

ema13 = ta.ema(close, 13)
ma30 = ta.sma(close, 30)

// ————————————————————— Keltner Channel —————————————————————

length = input.int(20, minval=1)
mult = input(2.0, "Multiplier")
src = input(close, title="Source")
exp = input(true, "Use Exponential MA")
BandsStyle = input.string("Average True Range", options=["Average True Range", "True Range", "Range"], title="Bands Style")
atrlength = input(10, "ATR Length")

ma = exp ? ta.ema(src, length) : ta.sma(src, length)
rangema = BandsStyle == "True Range" ? ta.tr(true) : BandsStyle == "Average True Range" ? ta.atr(atrlength) : ta.rma(high - low, length)
upper = ma + rangema * mult
lower = ma - rangema * mult

// ————————————————————— VWAP —————————————————————

vwap = ta.vwap(hlc3)

// ————————————————————— Trading Conditions —————————————————————

longCondition1 = momentumRSI > 77
shortCondition1 = momentumRSI < 25
longCondition2 = ema13 > ma30
shortCondition2 = ma30 > ema13
longCondition3 = ta.highest(close, 30) > ta.highest(upper, 30)
shortCondition3 = ta.lowest(close, 30) < ta.lowest(lower, 30) and strategy.position_size < 0
longCondition4 = close > vwap and close[1] > vwap[1] and close[2] > vwap[2] and close[3] > vwap[3] and close[4] > vwap[4] and close[5] > vwap[5]
shortCondition4 = close < vwap and close[1] < vwap[1] and close[2] < vwap[2] and close[3] < vwap[3] and close[4] < vwap[4] and close[5] < vwap[5] and close[6] < vwap[6] and close[7] < vwap[7]

// ————————————————————— Entry and Exit —————————————————————

var int longHoldPeriod = 8
var int shortHoldPeriod = 5
var int longEntryBar = 0
var int shortEntryBar = 0

if (longCondition1)
    strategy.entry("Long", strategy.long)
    longEntryBar := bar_index
    if (longCondition2)
        longHoldPeriod := longHoldPeriod + 1
    if (shortCondition2)
        longHoldPeriod := longHoldPeriod - 5
    if (longCondition3)
        longHoldPeriod := longHoldPeriod + 1
    if (longCondition4)
        longHoldPeriod := longHoldPeriod + 3
else
    if (strategy.position_size > 0 and bar_index >= longEntryBar + longHoldPeriod)
        strategy.close("Long")

if (shortCondition1)
    strategy.entry("Short", strategy.short)
    shortEntryBar := bar_index
    if (shortCondition3)
        shortHoldPeriod := shortHoldPeriod + 1
    if (shortCondition4)
        shortHoldPeriod := shortHoldPeriod + 1
else
    if (strategy.position_size < 0 and bar_index >= shortEntryBar + shortHoldPeriod)
        strategy.close("Short")