EZ Algo Trader (Beta): 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

Each of up to five signals has a name, long and short source and a usage mode. Positions are sized in contracts, with a maximum total for adding entries. A status table, background mode colours and a backtest table with futures multiplier, commission and slippage inputs are included. The header mentions webhook integration. It is marked beta and deprecated.

Combines up to five external signal sources
Contract sizing with a pyramid limit
Mode background and status table
Commission and slippage inputs

Details

Published by

turnupdigital on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Markets

Indices

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)
The strategy can add several entries in the same direction

File

DEPRACATED/EZAlgoTrader copy.txt

Repository

github.com/turnupdigital/riskmanager. 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
Debug Level	`string`	`Basic`	`debugLevel`
Trend Mode Color	`color`	`#089981`	`trendModeColor`
Scalp Mode Color	`color`	`#f23645`	`scalpModeColor`
Hybrid Mode Color	`color`	`#2157f3`	`hybridModeColor`
Flat/No Position Color	`color`	`#808080`	`flatModeColor`
Background Transparency	`int`	`60`	`modeBackgroundIntensity`
Status Table Position	`string`	`Top Right`	`tablePosition`
Compact Mode (Mobile)	`bool`	`false`	`compactMode`
ATR Length for Background Range	`int`	`20`	`atrLength`
Background Range Multiplier	`float`	`1.5`	`rangeMultiplier`
Contracts per Signal	`int`	`1`	`positionQty`
Max Total Contracts	`int`	`5`	`pyramidLimit`

Show all 40 settings

Setting	Type	Default	Variable
📊 Individual Signal Backtest	`bool`	`true`	`showBacktestTable`
💰 Futures Multiplier	`int`	`20`	`futuresMultiplier`
💰 Commission Per Trade	`float`	`2.50`	`commissionPerTrade`
📉 Slippage Per Trade	`float`	`0.50`	`slippagePerTrade`
📊 Virtual Position Size	`int`	`1`	`virtualPositionSize`
📊 Signal 1	`bool`	`true`	`signal1Enable`
Long	`source`	`close`	`signal1LongSrc`
Short	`source`	`close`	`signal1ShortSrc`
Name	`string`	`LuxAlgo`	`signal1Name`
Usage	`string`	`Entry All`	`signal1Usage`
Only	`bool`	`false`	`signal1OnlyMode`
└─ Use as Trend Indicator	`bool`	`false`	`signal1TrendEnable`
📊 Signal 2	`bool`	`false`	`signal2Enable`
Long	`source`	`close`	`signal2LongSrc`
Short	`source`	`close`	`signal2ShortSrc`
Name	`string`	`UTBot`	`signal2Name`
Usage	`string`	`Entry All`	`signal2Usage`
Only	`bool`	`false`	`signal2OnlyMode`
└─ Use as Trend Indicator	`bool`	`false`	`signal2TrendEnable`
📊 Signal 3	`bool`	`false`	`signal3Enable`
Long	`source`	`close`	`signal3LongSrc`
Short	`source`	`close`	`signal3ShortSrc`
Name	`string`	`VIDYA`	`signal3Name`
Usage	`string`	`Entry All`	`signal3Usage`
Only	`bool`	`false`	`signal3OnlyMode`
└─ Use as Trend Indicator	`bool`	`false`	`signal3TrendEnable`
📊 Signal 4	`bool`	`false`	`signal4Enable`
Long	`source`	`close`	`signal4LongSrc`

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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