Strategy · Pine Script v4 · On the chart

MML Multi Indikator Script

by theupslidedown

This strategy plots a range filter and high and low target bands on the price chart, and colors bars from filter direction.

View on GitHub

GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code1,142
Settings40inputs
LicenceNone stated
Last update3 years ago17 Feb 2023

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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

Inputs cover a backtest date window, WaveTrend Cipher B channel and average lengths, overbought and oversold levels, divergence thresholds, money-flow settings, and an optional exponential moving average. The visible code begins long and short conditions from the filter but does not show exit rules. Position size defaults to full equity and no stop loss is defined.

Details

Published by

theupslidedown on GitHub

Type

Strategy, Pine Script v4

Draws

On the price chart

Markets

Crypto

Timeframes

M1-M5

Risk Notes

  • The strategy enters trades without a stop loss

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
FromMonthint1FromMonth
FromDayint1FromDay
FromYearint2020FromYear
ToMonthint1ToMonth
ToDayint1ToDay
ToYearint9999ToYear
Sourcesourceclosesrc
Sampling Periodint9per
Range Multiplierfloat1.9mult1
EMA Timeframetimeframe5res5
EMA1 Lengthint100len5
Enable EMA?booltrueenableema
Show all 40 settings
SettingTypeDefaultVariable
WT Channel Lengthint9wtChannelLen
WT Average Lengthint12wtAverageLen
WT MA Sourcesourcehlc3wtMASource
WT MA Lengthint3wtMALen
WT Overbought Level 1int53obLevel
WT Overbought Level 2int60obLevel2
WT Overbought Level 3int100obLevel3
WT Oversold Level 1int-53osLevel
WT Oversold Level 2int-60osLevel2
WT Oversold Level 3int-75osLevel3
Not apply OB/OS Limits on Hidden DivergencesbooltrueshowHiddenDiv_nl
WT Bearish Divergence minint45wtDivOBLevel
WT Bullish Divergence minint-65wtDivOSLevel
WT 2nd Bearish Divergenceint15wtDivOBLevel_add
WT 2nd Bullish Divergence 15 minint-40wtDivOSLevel_add
MFI Periodint60rsiMFIperiod
MFI Area multiplierfloat150rsiMFIMultiplier
MFI Area Y Posfloat2.5rsiMFIPosY
RSI SourcesourceclosersiSRC
RSI Lengthint14rsiLen
RSI Oversoldint30rsiOversold
RSI Overboughtint60rsiOverbought
RSI Bearish Divergence minint60rsiDivOBLevel
RSI Bullish Divergence minint30rsiDivOSLevel
Use Log?booltruestochUseLog
Use Average of both K & DboolfalsestochAvg
Stochastic RSI SourcesourceclosestochSRC
Stochastic RSI Lengthint14stochLen
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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