Strategy · Pine Script v4 · On the chart

My Strategy Coding

by fox-buddy· code credited to Liquid1209

This script executes a trend-following strategy based on simple moving averages and exponential moving averages.

View on GitHub

GitHub stars4on the repository
Pine versionv4older, still runs
Lines of code76
Settings6inputs
LicenceNone statedfile: MPL-2.0
Last update2 years ago4 Aug 2024

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  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

76 lines of Pine Script v4 from Tradingview/GDCrossStrategy.pine, published under MPL-2.0 (file header). Keep the author's credit and licence lines when you reuse it.

GDCrossStrategy.pine
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Liquid1209

//@version=4
strategy("myStrategyCoding", overlay=true)

//********************
//Ordersize
//********************
percentOfEquityPerTrade = 100.0
percentOfEquityPerTradeAsPerc = percentOfEquityPerTrade/100.0
maximumPerTrade = strategy.equity * percentOfEquityPerTradeAsPerc
ordersize = floor(maximumPerTrade/close)

//********************
//Date Range Input
//********************
fromDay = input(title="Start Date", defval=1, minval=1, maxval=31, step=1)
fromMonth = input(title="Start Month", defval=1, minval=1, maxval=12, step=1)
fromYear = input(title="Start Year", defval=2020, minval=1800, maxval=2100, step=1)
toDay = input(title="End Date", defval=31, minval=1, maxval=31, step=1)
toMonth = input(title="End Month", defval=12, minval=1, maxval=12, step=1)
toYear = input(title="End Year", defval=2021, minval=1800, maxval=2100, step=1)

start = timestamp(fromYear, fromMonth, fromDay, 00, 00)
finish = timestamp(toYear, toMonth, toDay, 23, 59)

timeWindow = time >= start and time <= finish


longCondition = sma(close,5) > sma(close,10) and sma(close,10) > ema(close,34)
//plot Confirmation bar (close of bar is relevant). Order will be placed after crossover of close
//plotshape(longCondition, color=color.green, style=shape.circle, location=location.abovebar)
// strategy.entry("My Long Entry Id", strategy.long, qty=ordersize, limit=close[1]+atr(7), stop=close[1], when=longCondition and timeWindow)
strategy.entry("My Long Entry Id", strategy.long, qty=ordersize, when=longCondition and timeWindow and not longCondition[1])

//shortCondition = crossunder(sma(close, 5), sma(close, 10)) and close < ema(close,34)
shortCondition = sma(close,5) < sma(close,10) and sma(close,10) < ema(close,34)
//plot Confirmation bar (close of bar is relevant). Order will be placed after crossover of close
//plotshape(shortCondition, color=color.red, style=shape.circle, location=location.abovebar)
// strategy.entry("My Short Entry Id", strategy.short, qty=ordersize, limit=close[1]-atr(7), stop=close[1], when=shortCondition and timeWindow)
strategy.entry("My Short Entry Id", strategy.short, qty=ordersize, when=shortCondition and timeWindow and not shortCondition[1])

//********************
// Exiting Strategy
//********************
// longTrailPrice = strategy.position_avg_price + atr(14)
longTrailPrice = ema(close,50)
shortTrailPrice = ema(close,50)
//longTrailOffset = ema(close,34)/syminfo.mintick
//shortTrailOffset = ema(close,34)/syminfo.mintick

plot(ema(close,34), color=color.black)
// strategy.exit("longStop","My Long Entry Id", stop=strategy.position_avg_price - atr(7), when=strategy.position_size > 0)    
// strategy.exit("shortStop","My Short Entry Id", stop=strategy.position_avg_price + atr(7), when=strategy.position_size < 0)
//strategy.exit("longTrailStop","My Long Entry Id", stop=strategy.position_avg_price - atr(14), trail_price=longTrailPrice, trail_offset=trailOffset, when=strategy.position_size > 0)    
//strategy.exit("shortTrailStop","My Short Entry Id", stop=strategy.position_avg_price + atr(14),  trail_price=shortTrailPrice, trail_offset=shortTrailOffset, when=strategy.position_size < 0)

//Ema Stop
strategy.exit("longTrailStop","My Long Entry Id", stop=longTrailPrice, when=strategy.position_size > 0) 
strategy.exit("shortTrailStop","My Short Entry Id", stop=shortTrailPrice, when=strategy.position_size < 0)

//********************
// Plotting
//********************
plot(sma(close, 5), color=color.blue)
plot(sma(close, 10), color=color.red)

//if longCondition
    //Plotting limit and stop price
    //line.new(bar_index, close[1], bar_index-1, close[1], xloc=xloc.bar_index, color=color.green)
    //line.new(bar_index, close[1]-1, bar_index-1, close[1]-1, xloc=xloc.bar_index, color=color.blue)
//if shortCondition
    //Plotting limit and stop price
    //line.new(bar_index, close[1], bar_index-1, close[1], xloc=xloc.bar_index, color=color.red)
    //line.new(bar_index, close[1]+1, bar_index-1, close[1]+1, xloc=xloc.bar_index, color=color.blue)

Overview

My Strategy Coding enters a long position when the 5-period SMA is above the 10-period SMA and the 10-period SMA is above the 34-period EMA. It enters a short position when the reverse alignment occurs. Positions are sized using full equity divided by the close price. Exits are managed via a stop loss placed at the 50-period EMA. The script plots the 34-period EMA on the main price chart and allows filtering trades by a configurable date range.

Details

Published by

fox-buddy on GitHub

Code credit

Liquid1209, as written in the script's header

Type

Strategy, Pine Script v4

Draws

On the price chart

Category

Trend, Moving averages

Markets

Any symbol

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.

Settings

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

SettingTypeDefaultVariable
Start Dateint1fromDay
Start Monthint1fromMonth
Start Yearint2020fromYear
End Dateint31toDay
End Monthint12toMonth
End Yearint2021toYear
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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