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 v4 · On the chart
Open Close Cross Strategy R5.1
This strategy enters long or short when a moving average of open prices crosses a moving average of close prices.
Repaints
GitHub stars4on the repository
Pine versionv4older, still runs
Lines of code191
Settings13inputs
LicenceNone stated
Last update5 years ago4 Jul 2021
Add It to Your TradingView Chart
- 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
Open Close Cross Strategy R5.1 plots those averages and optional trend-coloured bars on the price chart. Settings choose the average type and length, an alternate-resolution multiplier, trade direction, and a delay that reduces repainting. Initial stop-loss and take-profit distances are optional and disabled when set to zero. With the default delay of zero, signals can repaint, and higher-timeframe data is read with lookahead.
- Open-close moving average crossover entries
- Selectable moving average type and length
- Alternate resolution multiplier
- Optional trend-coloured price bars
- Optional point stop loss and take profit
Details
Published by
Joshua-Chang on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Trend, Moving averages
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time
- The strategy enters trades without a stop loss
Topics
tradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use Alternate Resolution? | bool | true | useRes |
| Multiplier for Alernate Resolution | int | 3 | intRes |
| MA Type: | string | SMMA | basisType |
| MA Period | int | 8 | basisLen |
| Offset for LSMA / Sigma for ALMA | int | 6 | offsetSigma |
| Offset for ALMA | float | 0.85 | offsetALMA |
| Show coloured Bars to indicate Trend? | bool | true | scolor |
| Delay Open/Close MA (Forces Non-Repainting) | int | 0 | delayOffset |
| What trades should be taken : | string | BOTH | tradeType |
| Initial Stop Loss Points (zero to disable) | float | 0 | slPoints |
| Initial Target Profit Points (zero for disable) | int | 0 | tpPoints |
| Number of Bars for Back Testing | int | 10000 | ebar |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| - SET to ZERO for Daily or Longer Timeframes | bool | false | dummy |
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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