Doge SMA is a long-only moving-average crossover strategy drawn on the price chart. It calculates a fast and a slow simple moving average of close and enters a long position when the fast average crosses above the slow average, but only inside a user-defined s
Strategy · Pine Script v5 · On the chart
Larry Williams 9.1
This strategy tracks directional shifts in a 9-period Exponential Moving Average (EMA) to identify trend reversals based on the Larry Williams 9.1 setup.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code18
Settings0inputs
LicenceMIT
Last update2 years ago11 Mar 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
18 lines of Pine Script v5 from anotherFiles/old/tradingview/lw_strategy.ps, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy(title="Larry Williams 9.1", overlay=true)
ma9 = ta.ema(close, 9)
plot(ma9, linewidth=1, color=color.white)
above_ma9 = ma9[1] < ma9
long = (not above_ma9[3] and not above_ma9[2] and not above_ma9[1] and above_ma9)
plotshape(long, style=shape.triangleup, location=location.belowbar, size=size.tiny, color=color.lime, text='9.1')
short = (above_ma9[3] and above_ma9[2] and above_ma9[1] and not above_ma9)
plotshape(short, style=shape.triangledown, location=location.abovebar, size=size.tiny, color=color.red, text='9.1')
lote = 1
strategy.entry("long", strategy.long, lote, when = long)
strategy.entry("short", strategy.short, lote, when = short)
strategy.close("long", when = short)
strategy.close("short", when = long)
Overview
Larry Williams 9.1 plots the 9 EMA on the main chart and generates a long signal when the EMA turns upward after declining for three consecutive bars. Conversely, a short signal is triggered when the EMA turns downward after rising for three bars. Positions are reversed upon opposite signals, operating without a defined stop loss.
- 9-period Exponential Moving Average overlay
- Larry Williams 9.1 trend reversal identification
- Visual signal labels for long and short entries
- Automatic position reversal execution
Details
Published by
leocairos on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
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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