This strategy calculates the TOTAL MTPI using a combination of multiple indicators including Trend Sniper, EMA, MAMA, Kijun Sen, Supertrend and others to determine the overall direction of the cryptocurrency market cap index.
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
TOTAL MTPI signals long entries when the combined MTPI is positive and exits positions when negative, based on the selected trade mode. Main settings allow toggling individual indicators, adjusting MA length and source, and enabling signal plotting. It draws all signals and plots directly on the price chart. No stop loss or take profit rules are defined.
The inputs you can change from the gear icon on the chart. Defaults are the author's.
Setting
Type
Default
Variable
Start Date
time
timestamp("2018-01-01")
startDate
Plot strategy signals on chart
bool
true
plot_signals
Trade Mode
string
Long Only
tradeMode
Include {Gunzo} Trend Sniper
bool
true
includeGunzo
Include Michael's EMA
bool
true
includeEMA
Include MAMA & FAMA
bool
true
includeMAMA
Include RMTA
bool
true
includeRMTA
Include Kijun Sen Base
bool
true
includeKijun
Include Smoothed Heiken Ashi
bool
true
includeSHA
Include DSMAWDSL [Loxx]
bool
true
includeDSMA
Include Adaptive Gaussian MA
bool
true
includeGMA
Include Multi DSMA ChartPrime
bool
true
includeDSMACP
Show all 40 settings
Setting
Type
Default
Variable
Include Enhanced Kijun Sen Base
bool
true
includeEKSB
Include LWS Supertrend
bool
true
includeLWST
Include Lsma ATR | viResearch
bool
true
includeLSMAATR
Include Vii`Stop
bool
true
includeVII
Include HMA Swing Point | viResearch
bool
true
includeHMASwing
Include MadTrend
bool
true
includeMadTrend
Include Mode For Loop
bool
true
includeModeLoop
Include FDI-Adaptive Supertrend [Loxx]
bool
true
includeFDIA
Include Normalized KAMA Oscillator
bool
true
includeKAMA
Include Impulsive Momentum | SandiB
bool
true
includeImpulsiveMomentum
Include Adaptive Sigmoid Z-Score
bool
true
includeSIGZ
Include ARVA RSI
bool
true
includeARVA
Include [SHK] Schaff Trend Cycle (STC)
bool
true
includeSTC
Include Inverse Fisher Transform RSI [LazyBear]
bool
true
includeIFRSI
Include Multiple Non-Linear Regression [ChartPrime]
bool
true
includeNonLR
MA source
source
close
ma_source
MA length
int
90
ma_length
Use extra smoothing
bool
true
use_smoothed_line
MA extra smoothing length
int
5
smoothing_length
Change candle colors
bool
true
change_bar_color
Display buy/sell signals
bool
false
buysell_signals
Display weakening signals
bool
false
weakening_signals
EMA Small - Value
int
12
emaS_value
EMA Big - Value
int
21
emaB_value
Arrow Up Color
color
color.green
arrowColorUp
Arrow Down Color
color
color.red
arrowColorDown
Arrow Size
int
50
arrowSize
Fast Limit
float
0.5
fastLimit
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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