A strategy that takes buy and sell signals from up to five external indicators, each wired in through a source input and given a name and a usage mode such as entry, exit or observe.
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
A fixed contract quantity sets position size, an ATR length is configurable, and an optional moving average exit can use a chosen average type and length. It draws on the price chart. The code is marked as a deprecated earlier version.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Number of Contracts
int
1
positionQty
📊 Signal 1
bool
true
signal1Enable
Long
source
close
signal1LongSrc
Short
source
close
signal1ShortSrc
Name
string
LuxAlgo
signal1Name
Usage
string
Entry All
signal1Usage
📊 Signal 2
bool
false
signal2Enable
Long
source
close
signal2LongSrc
Short
source
close
signal2ShortSrc
Name
string
UTBot
signal2Name
Usage
string
Entry All
signal2Usage
📊 Signal 3
bool
false
signal3Enable
Show all 40 settings
Setting
Type
Default
Variable
Long
source
close
signal3LongSrc
Short
source
close
signal3ShortSrc
Name
string
VIDYA
signal3Name
Usage
string
Entry All
signal3Usage
📊 Signal 4
bool
false
signal4Enable
Long
source
close
signal4LongSrc
Short
source
close
signal4ShortSrc
Name
string
KyleAlgo
signal4Name
Usage
string
Entry All
signal4Usage
📊 Signal 5
bool
false
signal5Enable
Long
source
close
signal5LongSrc
Short
source
close
signal5ShortSrc
Name
string
Wonder
signal5Name
Usage
string
Entry All
signal5Usage
ATR Length
int
14
atrLen
Enable MA Exit
bool
true
maExitOn
MA Length
int
21
maLen
MA Type
string
EMA
maType
Enable Fixed SL/TP
bool
false
fixedEnable
Unit
string
ATR
fixedUnit
Stop Size
float
1.0
fixedStop
TP1
bool
false
tp1Enable
tp1Size
float
1.5
tp1Size
TP2
bool
false
tp2Enable
tp2Size
float
3.0
tp2Size
TP3
bool
false
tp3Enable
tp3Size
float
4.0
tp3Size
Enable Fibonacci SL/TP
bool
false
fibEnable
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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