HA UnivLong&Short Futures calculates Heikin Ashi candles and builds a channel using simple moving averages of Heikin Ashi highs and lows. It enters long positions when the upper channel line crosses above the lower channel line and opens short positions on the
Strategy · Pine Script v5 · Own pane
Strategy
This script provides a scaffolding template for Pine Script strategies.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code54
Settings12inputs
LicenceNone stated
Last update4 years ago6 Jul 2022
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
Strategy establishes framework logic for trade direction toggles, custom backtest date ranges, and percentage-based stop-loss and take-profit calculations. Long and short entry triggers are left as blank placeholders for user-defined conditions. When positions are active, corresponding stop-loss and take-profit target levels are plotted in a separate pane. The template contains no prebuilt entry indicator logic or custom exit rules beyond the percentage thresholds.
- Percentage-based stop-loss and take-profit calculation
- Customizable backtesting date range filter
- Independent long and short strategy toggles
- Visual plotting for active stop and target levels
Details
Published by
seanhung07 on GitHub
Type
Strategy, Pine Script v5
Draws
Separate pane below the chart
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable Long Strategy | bool | true | enable_long_strategy |
| Stoploss % | float | 50 | long_stoploss_value |
| Take Profit % | float | 50 | long_takeprofit_value |
| Enable Short Strategy | bool | true | enable_short_strategy |
| Stoploss % | float | 50 | short_stoploss_value |
| Take Profit % | float | 50 | short_takeprofit_value |
| Start Date | int | 1 | start_date |
| Start Month | int | 1 | start_month |
| Start Year | int | 1804 | start_year |
| End Date | int | 1 | end_date |
| End Month | int | 1 | end_month |
| End Year | int | 2077 | end_year |
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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