Ruckard Squeezed E004 is a price-chart strategy that compares successive Squeeze Momentum colour-section changes. A smaller squeeze value with a higher price opens a short; a higher squeeze value with a lower price opens a long. Direction can be limited to lon
Strategy · Pine Script v4 · On the chart
Golden Buy
This strategy runs on the price chart under the title golden buy.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code393
Settings40inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
393 lines of Pine Script v4 from -Golden buy- for cryptofutures (alerts for 3 commas-finandy).pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
strategy(title = 'golden_buy', shorttitle = 'GB', overlay=true,initial_capital=30,default_qty_type = strategy.cash,default_qty_value =90,commission_type = strategy.commission.percent,commission_value =0.04,currency="EUR")
// PARAMETERS {
stopMultiplier = input(title="Stop Loss ATR", type=input.float, defval=2, tooltip="Stop loss multiplier (x ATR)", group="Strategy Settings")
rr = input(title="R:R", type=input.float, defval=1.5, tooltip="Risk:Reward profile", group="Strategy Settings")
short_on=input(title="Short ON?", defval=false, type=input.bool, group="Strategy Settings")
div_on=input(title="Divergences ON?", defval=false, type=input.bool, group="Strategy Settings")
// WaveTrend
wtShow = true
wtBuyShow = true
wtGoldShow = true
wtSellShow = true
wtDivShow = true
vwapShow = true
wtChannelLen = input(9, title = 'WT Channel Length', type = input.integer)
wtAverageLen = input(12, title = 'WT Average Length', type = input.integer)
wtMASource = input(hlc3, title = 'WT MA Source', type = input.source)
wtMALen = input(3, title = 'WT MA Length', type = input.integer)
// WaveTrend Overbought & Oversold lines
obLevel = input(53, title = 'WT Overbought Level 1', type = input.integer)
obLevel2 = input(60, title = 'WT Overbought Level 2', type = input.integer)
obLevel3 = input(100, title = 'WT Overbought Level 3', type = input.integer)
osLevel = input(-53, title = 'WT Oversold Level 1', type = input.integer)
osLevel2 = input(-60, title = 'WT Oversold Level 2', type = input.integer)
osLevel3 = input(-75, title = 'WT Oversold Level 3', type = input.integer)
// Divergence WT
wtShowDiv = true
wtShowHiddenDiv =true
showHiddenDiv_nl = input(true, title = 'Not apply OB/OS Limits on Hidden Divergences', type = input.bool)
wtDivOBLevel = input(45, title = 'WT Bearish Divergence min', type = input.integer)
wtDivOSLevel = input(-65, title = 'WT Bullish Divergence min', type = input.integer)
// Divergence extra range
wtDivOBLevel_addshow = true
wtDivOBLevel_add = input(15, title = 'WT 2nd Bearish Divergence', type = input.integer)
wtDivOSLevel_add = input(-40, title = 'WT 2nd Bullish Divergence 15 min', type = input.integer)
// RSI+MFI
rsiMFIShow = true
rsiMFIperiod = input(60,title = 'MFI Period', type = input.integer)
rsiMFIMultiplier = input(150, title = 'MFI Area multiplier', type = input.float)
rsiMFIPosY = input(2.5, title = 'MFI Area Y Pos', type = input.float)
// RSI
rsiShow = true
rsiSRC = input(close, title = 'RSI Source', type = input.source)
rsiLen = input(14, title = 'RSI Length', type = input.integer)
rsiOversold = input(30, title = 'RSI Oversold', minval = 50, maxval = 100, type = input.integer)
rsiOverbought = input(60, title = 'RSI Overbought', minval = 0, maxval = 50, type = input.integer)
// Divergence RSI
rsiShowDiv = true
rsiShowHiddenDiv = true
rsiDivOBLevel = input(60, title = 'RSI Bearish Divergence min', type = input.integer)
rsiDivOSLevel = input(30, title = 'RSI Bullish Divergence min', type = input.integer)
// RSI Stochastic
stochShow = true
stochUseLog = input(true, title=' Use Log?', type = input.bool)
stochAvg = input(false, title='Use Average of both K & D', type = input.bool)
stochSRC = input(close, title = 'Stochastic RSI Source', type = input.source)
stochLen = input(14, title = 'Stochastic RSI Length', type = input.integer)
stochRsiLen = input(14, title = 'RSI Length ', type = input.integer)
stochKSmooth = input(3, title = 'Stochastic RSI K Smooth', type = input.integer)
stochDSmooth = input(3, title = 'Stochastic RSI D Smooth', type = input.integer)
// Divergence stoch
stochShowDiv = true
stochShowHiddenDiv = true
// Schaff Trend Cycle
tcLine = true
tcSRC = input(close, title = 'Schaff TC Source', type = input.source)
tclength = input(10, title="Schaff TC", type=input.integer)
tcfastLength = input(23, title="Schaff TC Fast Lenght", type=input.integer)
tcslowLength = input(50, title="Schaff TC Slow Length", type=input.integer)
tcfactor = input(0.5, title="Schaff TC Factor", type=input.float)
// Sommi Flag
sommiFlagShow =false
sommiShowVwap = false
sommiVwapTF = input('720', title = 'Sommi F. Wave timeframe', type = input.string)
sommiVwapBearLevel = input(0, title = 'F. Wave Bear Level (less than)', type = input.integer)
sommiVwapBullLevel = input(0, title = 'F. Wave Bull Level (more than)', type = input.integer)
soomiFlagWTBearLevel = input(0, title = 'WT Bear Level (more than)', type = input.integer)
soomiFlagWTBullLevel = input(0, title = 'WT Bull Level (less than)', type = input.integer)
soomiRSIMFIBearLevel = input(0, title = 'Money flow Bear Level (less than)', type = input.integer)
soomiRSIMFIBullLevel = input(0, title = 'Money flow Bull Level (more than)', type = input.integer)
// Sommi Diamond
sommiDiamondShow = false
sommiHTCRes = input('60', title = 'HTF Candle Res. 1', type = input.string)
sommiHTCRes2 = input('240', title = 'HTF Candle Res. 2', type = input.string)
soomiDiamondWTBearLevel = input(0, title = 'WT Bear Level (More than)', type = input.integer)
soomiDiamondWTBullLevel = input(0, title = 'WT Bull Level (Less than)', type = input.integer)
// macd Colors
macdWTColorsShow = false
macdWTColorsTF = input('240', title = 'MACD Colors MACD TF', type = input.string)
darkMode = input(false, title = 'Dark mode', type = input.bool)
// Colors
colorRed = #ff0000
colorPurple = #e600e6
colorGreen = #3fff00
colorOrange = #e2a400
colorYellow = #ffe500
colorWhite = #ffffff
colorPink = #ff00f0
colorBluelight = #31c0ff
colorWT1 = #90caf9
colorWT2 = #0d47a1
colorWT2_ = #131722
colormacdWT1a = #4caf58
colormacdWT1b = #af4c4c
colormacdWT1c = #7ee57e
colormacdWT1d = #ff3535
colormacdWT2a = #305630
colormacdWT2b = #310101
colormacdWT2c = #132213
colormacdWT2d = #770000
// } PARAMETERS
// FUNCTIONS {
// Divergences
f_top_fractal(src) => src[4] < src[2] and src[3] < src[2] and src[2] > src[1] and src[2] > src[0]
f_bot_fractal(src) => src[4] > src[2] and src[3] > src[2] and src[2] < src[1] and src[2] < src[0]
f_fractalize(src) => f_top_fractal(src) ? 1 : f_bot_fractal(src) ? -1 : 0
f_findDivs(src, topLimit, botLimit, useLimits) =>
fractalTop = f_fractalize(src) > 0 and (useLimits ? src[2] >= topLimit : true) ? src[2] : na
fractalBot = f_fractalize(src) < 0 and (useLimits ? src[2] <= botLimit : true) ? src[2] : na
highPrev = valuewhen(fractalTop, src[2], 0)[2]
highPrice = valuewhen(fractalTop, high[2], 0)[2]
lowPrev = valuewhen(fractalBot, src[2], 0)[2]
lowPrice = valuewhen(fractalBot, low[2], 0)[2]
bearSignal = fractalTop and high[2] > highPrice and src[2] < highPrev
bullSignal = fractalBot and low[2] < lowPrice and src[2] > lowPrev
bearDivHidden = fractalTop and high[2] < highPrice and src[2] > highPrev
bullDivHidden = fractalBot and low[2] > lowPrice and src[2] < lowPrev
[fractalTop, fractalBot, lowPrev, bearSignal, bullSignal, bearDivHidden, bullDivHidden]
// RSI+MFI
f_rsimfi(_period, _multiplier, _tf) => security(syminfo.tickerid, _tf, sma(((close - open) / (high - low)) * _multiplier, _period) - rsiMFIPosY)
// WaveTrend
f_wavetrend(src, chlen, avg, malen, tf) =>
tfsrc = security(syminfo.tickerid, tf, src)
esa = ema(tfsrc, chlen)
de = ema(abs(tfsrc - esa), chlen)
ci = (tfsrc - esa) / (0.015 * de)
wt1 = security(syminfo.tickerid, tf, ema(ci, avg))
wt2 = security(syminfo.tickerid, tf, sma(wt1, malen))
wtVwap = wt1 - wt2
wtOversold = wt2 <= osLevel
wtOverbought = wt2 >= obLevel
wtCross = cross(wt1, wt2)
wtCrossUp = wt2 - wt1 <= 0
wtCrossDown = wt2 - wt1 >= 0
wtCrosslast = cross(wt1[2], wt2[2])
wtCrossUplast = wt2[2] - wt1[2] <= 0
wtCrossDownlast = wt2[2] - wt1[2] >= 0
[wt1, wt2, wtOversold, wtOverbought, wtCross, wtCrossUp, wtCrossDown, wtCrosslast, wtCrossUplast, wtCrossDownlast, wtVwap]
// Schaff Trend Cycle
f_tc(src, length, fastLength, slowLength) =>
ema1 = ema(src, fastLength)
ema2 = ema(src, slowLength)
macdVal = ema1 - ema2
alpha = lowest(macdVal, length)
beta = highest(macdVal, length) - alpha
gamma = (macdVal - alpha) / beta * 100
gamma := beta > 0 ? gamma : nz(gamma[1])
delta = gamma
delta := na(delta[1]) ? delta : delta[1] + tcfactor * (gamma - delta[1])
epsilon = lowest(delta, length)
zeta = highest(delta, length) - epsilon
eta = (delta - epsilon) / zeta * 100
eta := zeta > 0 ? eta : nz(eta[1])
stcReturn = eta
stcReturn := na(stcReturn[1]) ? stcReturn : stcReturn[1] + tcfactor * (eta - stcReturn[1])
stcReturn
// Stochastic RSI
f_stochrsi(_src, _stochlen, _rsilen, _smoothk, _smoothd, _log, _avg) =>
src = _log ? log(_src) : _src
rsi = rsi(src, _rsilen)
kk = sma(stoch(rsi, rsi, rsi, _stochlen), _smoothk)
d1 = sma(kk, _smoothd)
avg_1 = avg(kk, d1)
k = _avg ? avg_1 : kk
[k, d1]
// MACD
f_macd(src, fastlen, slowlen, sigsmooth, tf) =>
fast_ma = security(syminfo.tickerid, tf, ema(src, fastlen))
slow_ma = security(syminfo.tickerid, tf, ema(src, slowlen))
macd = fast_ma - slow_ma,
signal = security(syminfo.tickerid, tf, sma(macd, sigsmooth))
hist = macd - signal
[macd, signal, hist]
// MACD Colors on WT
f_macdWTColors(tf) =>
hrsimfi = f_rsimfi(rsiMFIperiod, rsiMFIMultiplier, tf)
[macd, signal, hist] = f_macd(close, 28, 42, 9, macdWTColorsTF)
macdup = macd >= signal
macddown = macd <= signal
macdWT1Color = macdup ? hrsimfi > 0 ? colormacdWT1c : colormacdWT1a : macddown ? hrsimfi < 0 ? colormacdWT1d : colormacdWT1b : na
macdWT2Color = macdup ? hrsimfi < 0 ? colormacdWT2c : colormacdWT2a : macddown ? hrsimfi < 0 ? colormacdWT2d : colormacdWT2b : na
[macdWT1Color, macdWT2Color]
// Get higher timeframe candle
f_getTFCandle(_tf) =>
_open = security(heikinashi(syminfo.tickerid), _tf, open, barmerge.gaps_off, barmerge.lookahead_off)
_close = security(heikinashi(syminfo.tickerid), _tf, close, barmerge.gaps_off, barmerge.lookahead_off)
_high = security(heikinashi(syminfo.tickerid), _tf, high, barmerge.gaps_off, barmerge.lookahead_off)
_low = security(heikinashi(syminfo.tickerid), _tf, low, barmerge.gaps_off, barmerge.lookahead_off)
hl2 = (_high + _low) / 2.0
newBar = change(_open)
candleBodyDir = _close > _open
[candleBodyDir, newBar]
// Sommi flag
f_findSommiFlag(tf, wt1, wt2, rsimfi, wtCross, wtCrossUp, wtCrossDown) =>
[hwt1, hwt2, hwtOversold, hwtOverbought, hwtCross, hwtCrossUp, hwtCrossDown, hwtCrosslast, hwtCrossUplast, hwtCrossDownlast, hwtVwap] = f_wavetrend(wtMASource, wtChannelLen, wtAverageLen, wtMALen, tf)
bearPattern = rsimfi < soomiRSIMFIBearLevel and
wt2 > soomiFlagWTBearLevel and
wtCross and
wtCrossDown and
hwtVwap < sommiVwapBearLevel
bullPattern = rsimfi > soomiRSIMFIBullLevel and
wt2 < soomiFlagWTBullLevel and
wtCross and
wtCrossUp and
hwtVwap > sommiVwapBullLevel
[bearPattern, bullPattern, hwtVwap]
f_findSommiDiamond(tf, tf2, wt1, wt2, wtCross, wtCrossUp, wtCrossDown) =>
[candleBodyDir, newBar] = f_getTFCandle(tf)
[candleBodyDir2, newBar2] = f_getTFCandle(tf2)
bearPattern = wt2 >= soomiDiamondWTBearLevel and
wtCross and
wtCrossDown and
not candleBodyDir and
not candleBodyDir2
bullPattern = wt2 <= soomiDiamondWTBullLevel and
wtCross and
wtCrossUp and
candleBodyDir and
candleBodyDir2
[bearPattern, bullPattern]
// } FUNCTIONS
// CALCULATE INDICATORS {
// RSI
rsi = rsi(rsiSRC, rsiLen)
rsiColor = rsi <= rsiOversold ? colorGreen : rsi >= rsiOverbought ? colorRed : colorPurple
// RSI + MFI Area
rsiMFI = f_rsimfi(rsiMFIperiod, rsiMFIMultiplier, timeframe.period)
rsiMFIColor = rsiMFI > 0 ? #3ee145 : #ff3d2e
// Calculates WaveTrend
[wt1, wt2, wtOversold, wtOverbought, wtCross, wtCrossUp, wtCrossDown, wtCross_last, wtCrossUp_last, wtCrossDown_last, wtVwap] = f_wavetrend(wtMASource, wtChannelLen, wtAverageLen, wtMALen, timeframe.period)
// Stochastic RSI
[stochK, stochD] = f_stochrsi(stochSRC, stochLen, stochRsiLen, stochKSmooth, stochDSmooth, stochUseLog, stochAvg)
// Schaff Trend Cycle
tcVal = f_tc(tcSRC, tclength, tcfastLength, tcslowLength)
// Sommi flag
[sommiBearish, sommiBullish, hvwap] = f_findSommiFlag(sommiVwapTF, wt1, wt2, rsiMFI, wtCross, wtCrossUp, wtCrossDown)
//Sommi diamond
[sommiBearishDiamond, sommiBullishDiamond] = f_findSommiDiamond(sommiHTCRes, sommiHTCRes2, wt1, wt2, wtCross, wtCrossUp, wtCrossDown)
// macd colors
[macdWT1Color, macdWT2Color] = f_macdWTColors(macdWTColorsTF)
// WT Divergences
[wtFractalTop, wtFractalBot, wtLow_prev, wtBearDiv, wtBullDiv, wtBearDivHidden, wtBullDivHidden] = f_findDivs(wt2, wtDivOBLevel, wtDivOSLevel, true)
[wtFractalTop_add, wtFractalBot_add, wtLow_prev_add, wtBearDiv_add, wtBullDiv_add, wtBearDivHidden_add, wtBullDivHidden_add] = f_findDivs(wt2, wtDivOBLevel_add, wtDivOSLevel_add, true)
[wtFractalTop_nl, wtFractalBot_nl, wtLow_prev_nl, wtBearDiv_nl, wtBullDiv_nl, wtBearDivHidden_nl, wtBullDivHidden_nl] = f_findDivs(wt2, 0, 0, false)
wtBearDivHidden_ = showHiddenDiv_nl ? wtBearDivHidden_nl : wtBearDivHidden
wtBullDivHidden_ = showHiddenDiv_nl ? wtBullDivHidden_nl : wtBullDivHidden
wtBearDivColor = (wtShowDiv and wtBearDiv) or (wtShowHiddenDiv and wtBearDivHidden_) ? colorRed : na
wtBullDivColor = (wtShowDiv and wtBullDiv) or (wtShowHiddenDiv and wtBullDivHidden_) ? colorGreen : na
wtBearDivColor_add = (wtShowDiv and (wtDivOBLevel_addshow and wtBearDiv_add)) or (wtShowHiddenDiv and (wtDivOBLevel_addshow and wtBearDivHidden_add)) ? #9a0202 : na
wtBullDivColor_add = (wtShowDiv and (wtDivOBLevel_addshow and wtBullDiv_add)) or (wtShowHiddenDiv and (wtDivOBLevel_addshow and wtBullDivHidden_add)) ? #1b5e20 : na
// RSI Divergences
[rsiFractalTop, rsiFractalBot, rsiLow_prev, rsiBearDiv, rsiBullDiv, rsiBearDivHidden, rsiBullDivHidden] = f_findDivs(rsi, rsiDivOBLevel, rsiDivOSLevel, true)
[rsiFractalTop_nl, rsiFractalBot_nl, rsiLow_prev_nl, rsiBearDiv_nl, rsiBullDiv_nl, rsiBearDivHidden_nl, rsiBullDivHidden_nl] = f_findDivs(rsi, 0, 0, false)
rsiBearDivHidden_ = showHiddenDiv_nl ? rsiBearDivHidden_nl : rsiBearDivHidden
rsiBullDivHidden_ = showHiddenDiv_nl ? rsiBullDivHidden_nl : rsiBullDivHidden
rsiBearDivColor = (rsiShowDiv and rsiBearDiv) or (rsiShowHiddenDiv and rsiBearDivHidden_) ? colorRed : na
rsiBullDivColor = (rsiShowDiv and rsiBullDiv) or (rsiShowHiddenDiv and rsiBullDivHidden_) ? colorGreen : na
// Stoch Divergences
[stochFractalTop, stochFractalBot, stochLow_prev, stochBearDiv, stochBullDiv, stochBearDivHidden, stochBullDivHidden] = f_findDivs(stochK, 0, 0, false)
stochBearDivColor = (stochShowDiv and stochBearDiv) or (stochShowHiddenDiv and stochBearDivHidden) ? colorRed : na
stochBullDivColor = (stochShowDiv and stochBullDiv) or (stochShowHiddenDiv and stochBullDivHidden) ? colorGreen : na
// Small Circles WT Cross
signalColor = wt2 - wt1 > 0 ? color.red : color.lime
// Buy signal.
buySignal = wtCross and wtCrossUp and wtOversold
buySignalDiv = (wtShowDiv and wtBullDiv) or
(wtShowDiv and wtBullDiv_add) or
(stochShowDiv and stochBullDiv) or
(rsiShowDiv and rsiBullDiv)
buySignalDiv_color = wtBullDiv ? colorGreen :
wtBullDiv_add ? color.new(colorGreen, 60) :
rsiShowDiv ? colorGreen : na
// Sell signal
sellSignal = wtCross and wtCrossDown and wtOverbought
sellSignalDiv = (wtShowDiv and wtBearDiv) or
(wtShowDiv and wtBearDiv_add) or
(stochShowDiv and stochBearDiv) or
(rsiShowDiv and rsiBearDiv)
sellSignalDiv_color = wtBearDiv ? colorRed :
wtBearDiv_add ? color.new(colorRed, 60) :
rsiBearDiv ? colorRed : na
// Gold Buy
lastRsi = valuewhen(wtFractalBot, rsi[2], 0)[2]
wtGoldBuy = ((wtShowDiv and wtBullDiv) or (rsiShowDiv and rsiBullDiv)) and
wtLow_prev <= osLevel3 and
wt2 > osLevel3 and
wtLow_prev - wt2 <= -5 and
lastRsi < 30
// } CALCULATE INDICATORS
// DRAW {
bgcolor(darkMode ? color.new(#000000, 80) : na)
zLine = plot(0, color = color.new(colorWhite, 50))
// MFI BAR
rsiMfiBarTopLine = plot(rsiMFIShow ? -95 : na, title = 'MFI Bar TOP Line', transp = 100)
rsiMfiBarBottomLine = plot(rsiMFIShow ? -99 : na, title = 'MFI Bar BOTTOM Line', transp = 100)
fill(rsiMfiBarTopLine, rsiMfiBarBottomLine, title = 'MFI Bar Colors', color = rsiMFIColor, transp = 75)
//Strategy
atr=atr(14)
validGold = wtGoldBuy or div_on?buySignalDiv:false and not na(atr)
validSell = short_on?sellSignalDiv:false and not na(atr)
validlong = validGold and strategy.position_size == 0
validshort = validSell and strategy.position_size == 0
stopSize = atr * stopMultiplier
longStopPrice = low < low[1] ? low - stopSize : low[1] - stopSize
longStopDistance = close - longStopPrice
longTargetPrice = close + (longStopDistance * rr)
longTargetOffset= 100*rr*longStopDistance/close
shortStopPrice = high > high[1] ? high + stopSize : high[1] + stopSize
shortStopDistance = shortStopPrice - close
shortTargetPrice = close - (shortStopDistance * rr)
shortTargetOffset= 100*rr*shortStopDistance/close
var tradeStopPrice = 0.0
var tradeTargetPrice = 0.0
var Offset=0.0
if validlong
tradeStopPrice := longStopPrice
tradeTargetPrice := longTargetPrice
Offset:=longTargetOffset
alert(message='{\n'
+ ' "name": "Hook 29800",\n'
+ ' "secret": "123",\n'
+ ' "side": "buy",\n'
+ ' "symbol":' +syminfo.tickerid +',\n'
+ ' "sl":{\n'
+ ' "price":'+tostring(tradeStopPrice)+'\n'
+ ' },\n'
+ ' "tp": {\n'
+ ' "orders": {\n'
+ ' "0": {\n'
+ ' "ofs":'+tostring(Offset)+',\n'
+ ' "piece": "50"\n'
+ ' }\n'
+ ' }\n'
+ ' }\n'
+ '}',
freq=alert.freq_once_per_bar_close)
if validshort
tradeStopPrice := shortStopPrice
tradeTargetPrice := shortTargetPrice
Offset:=shortTargetOffset
alert(message='{\n'
+ ' "name": "Hook 29800",\n'
+ ' "secret": "123",\n'
+ ' "side": "sell",\n'
+ ' "symbol":'+ syminfo.tickerid+',\n'
+ ' "sl":{\n'
+ ' "price":'+tostring(tradeStopPrice)+'\n'
+ ' },\n'
+ ' "tp": {\n'
+ ' "orders": {\n'
+ ' "0": {\n'
+ ' "ofs":'+tostring(Offset)+',\n'
+ ' "piece": "50"\n'
+ ' }\n'
+ ' }\n'
+ '}',
freq=alert.freq_once_per_bar_close)
strategy.entry(id="Long", long=strategy.long, when=validlong) //comment= '{\n'+'"message_type": "bot",\n'+'"bot_id": 123,\n'+'"email_token": "132",\n'+'"delay_seconds": 0\n'+'}')
strategy.entry(id="Short", long=strategy.short, when=validshort) //comment= '{\n'+'"message_type": "bot",\n'+'"bot_id": 123,\n'+'"email_token": "123",\n'+'"delay_seconds": 0\n'+'}')
strategy.exit(id="Long Exit", from_entry="Long", limit=tradeTargetPrice, stop=tradeStopPrice, when=strategy.position_size > 0, comment='{\n'+'"action": "close_at_market_price",\n'+'"message_type": "bot",\n'+'"bot_id": 123,\n'+'"email_token": "123",\n'+'"delay_seconds": 0\n' + '}')
strategy.exit(id="Short Exit", from_entry="Short", limit=tradeTargetPrice, stop=tradeStopPrice, when=strategy.position_size < 0, comment='{\n'+'"action": "close_at_market_price",\n'+'"message_type": "bot",\n'+'"bot_id": 123,\n'+'"email_token": "123",\n'+'"delay_seconds": 0\n' + '}')
plot(strategy.position_size != 0 or validlong or validshort ? tradeStopPrice : na, title="Trade Stop Price", color=color.red, style=plot.style_linebr, transp=0)
plot(strategy.position_size != 0 or validlong or validshort ? tradeTargetPrice : na, title="Trade Target Price", color=color.green, style=plot.style_linebr, transp=0)
plotshape(validlong ? 1 : na, style=shape.triangleup, location=location.belowbar, color=color.green, title="Bullish Setup")
plotshape(validshort ? 1 : na, style=shape.triangledown, location=location.abovebar, color=color.red, title="Bearish Setup")
Expand (457 lines)
Overview
Golden Buy sets cash order size and a percent commission. Traders adjust an ATR stop-loss multiplier and a risk-reward ratio, and they can enable shorts or divergence filters. The visible inputs configure WaveTrend channel and average lengths, overbought and oversold bands, RSI and money-flow area placement, and stochastic RSI smoothing. Separate thresholds cover regular and hidden divergences. Display switches for WaveTrend, VWAP, and divergences appear in the code. The excerpt ends before entry, exit, or alert logic.
- ATR stop-loss multiplier
- Risk-reward ratio setting
- Optional short entries
- WaveTrend overbought and oversold levels
- RSI, MFI and stochastic divergence filters
Details
Published by
hasnocool on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Divergence, Volatility & bands
Markets
Crypto
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.
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Stop Loss ATR | float | 2 | stopMultiplier |
| R:R | float | 1.5 | rr |
| Short ON? | bool | false | short_on |
| Divergences ON? | bool | false | div_on |
| WT Channel Length | int | 9 | wtChannelLen |
| WT Average Length | int | 12 | wtAverageLen |
| WT MA Source | source | hlc3 | wtMASource |
| WT MA Length | int | 3 | wtMALen |
| WT Overbought Level 1 | int | 53 | obLevel |
| WT Overbought Level 2 | int | 60 | obLevel2 |
| WT Overbought Level 3 | int | 100 | obLevel3 |
| WT Oversold Level 1 | int | -53 | osLevel |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| WT Oversold Level 2 | int | -60 | osLevel2 |
| WT Oversold Level 3 | int | -75 | osLevel3 |
| Not apply OB/OS Limits on Hidden Divergences | bool | true | showHiddenDiv_nl |
| WT Bearish Divergence min | int | 45 | wtDivOBLevel |
| WT Bullish Divergence min | int | -65 | wtDivOSLevel |
| WT 2nd Bearish Divergence | int | 15 | wtDivOBLevel_add |
| WT 2nd Bullish Divergence 15 min | int | -40 | wtDivOSLevel_add |
| MFI Period | int | 60 | rsiMFIperiod |
| MFI Area multiplier | float | 150 | rsiMFIMultiplier |
| MFI Area Y Pos | float | 2.5 | rsiMFIPosY |
| RSI Source | source | close | rsiSRC |
| RSI Length | int | 14 | rsiLen |
| RSI Oversold | int | 30 | rsiOversold |
| RSI Overbought | int | 60 | rsiOverbought |
| RSI Bearish Divergence min | int | 60 | rsiDivOBLevel |
| RSI Bullish Divergence min | int | 30 | rsiDivOSLevel |
| Use Log? | bool | true | stochUseLog |
| Use Average of both K & D | bool | false | stochAvg |
| Stochastic RSI Source | source | close | stochSRC |
| Stochastic RSI Length | int | 14 | stochLen |
| RSI Length | int | 14 | stochRsiLen |
| Stochastic RSI K Smooth | int | 3 | stochKSmooth |
| Stochastic RSI D Smooth | int | 3 | stochDSmooth |
| Schaff TC Source | source | close | tcSRC |
| Schaff TC | int | 10 | tclength |
| Schaff TC Fast Lenght | int | 23 | tcfastLength |
| Schaff TC Slow Length | int | 50 | tcslowLength |
| Schaff TC Factor | float | 0.5 | tcfactor |
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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