MACD #2: Free TradingView Strategy (Pine Script)

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

25 lines of Pine Script v5 from pine/order.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

order.pine



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

//@version=5
strategy("MACD #2", overlay = true, initial_capital=1000)
import TradingView/Strategy/3
fast = 12  // 定義快綫
slow = 26  // 定義慢綫
fastMA = ta.ema(close, fast) // 定義快綫 ema （收盤價，fast）
slowMA = ta.ema(close, slow) // 定義慢綫 ems （收盤價，slow）
p1  = plot(fastMA, color = color.blue)  // 畫圖 macd 這個價格 顔色為 blue
p2 = plot(slowMA, color = color.orange)  // 畫圖 signal 這個價格 顔色為 blue

up = ta.crossover(fastMA, slowMA) // 記錄buy點
down = ta.crossover(slowMA,fastMA) // 記錄sell 點

jk = ta.atr(14) >  ta.atr(14)[2]  // 這跟k 》 前2跟k

if up and jk
    strategy.entry("order key", strategy.long,  1)

if down
    strategy.close("order key", "close")

Overview

Buy signals trigger on the fast EMA crossing above the slow EMA when ATR(14) exceeds its prior value, entering a long position with one unit. The position closes on the reverse crossover of the EMAs. No stop loss is applied by default and there are no input parameters for customization. This basic trend-following approach draws solely on the price chart without separate panes.

MACD crossover
fast EMA 12
slow EMA 26
ATR filter
long entry close

Details

Published by

dollarkillerx on GitHub

Code credit

worldlinkopen, as written in the script's header

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

The strategy enters trades without a stop loss

File

pine/order.pine

Repository

github.com/dollarkillerx/statistics_demo

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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