This strategy overlays three exponential moving averages on the price chart, with periods of 9, 50, and 200. It calculates a MACD histogram from a 1-minute timeframe, applies Bollinger Bands to the histogram, and tracks two RSI oscillators of different lengths
Strategy · Pine Script v4 · On the chart
SlimTrades 1m
A Pine v4 strategy that plots the previous four-bar highest high and lowest low in green and red on the price chart.
Repaints
GitHub stars1on the repository
Pine versionv4older, still runs
Lines of code119
Settings4inputs
LicenceNone stated
Last update4 years ago2 Dec 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
SlimTrades 1m uses MACD and RSI turning points and candle body size to time entries, and applies a trailing stop set as a percentage of the close for both longs and shorts. Inputs set the lookback, trail percentages and a 21-day test window. It uses calculation on every tick.
- Four-bar high-low lines
- MACD and RSI turning-point checks
- Percentage trailing stops per side
- Short days-back test window
Details
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max Days Back to Test | int | 21 | daysBackMax |
| Hi Low Short | int | 4 | hiLowFast |
| Trail Long Loss (%) | float | 4 | longTrailPerc |
| Trail Short Loss (%) | float | 4 | shortTrailPerc |
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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