On Tradingview I never saw a custom adjustable strategy script yet, so this is it, you can change different things and see if you'll get a good strategy or not
Settings:
First choose the source, you can choose out of: close, open, high, low, ohlc4, hlc3, hl2
Then choose you strategy: Long & Short, Long only or Short only
Next, choose your entry "Buy/Long" (which is the "close Short position" when "Short"): - (E)MA 1 > (E)MA 2 (Each can be made ema or sma) - close above (E)MA 1 - RSI strategy - macd > signal - macd > 0 - signal > 0
Then choose your RSI values if needed (for example you want a trigger when EMA 1 > SMA 2 but only if RSI > 60, then change "IF RSI >" from 0 to 60
Next you can choose an extra argument and even a second argument with Higher Time Frame settings
Under this you can change your (E)MA values as desired (HTF values, MACD and RSI length can be found lower)
All the same with the exit/close (or if "Short", this is your entry) Again, change everything as you wish
Then comes the RSI length setting, MACD settings and HTF settings, followed by SL/TP settings (you also can enable/disable SL/TP), and TIME settings (for example you want to know the profit only from this year)
Alerts are provided in next script
Have fun!
Versionshinweise
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Updated the RSI arguments
Versionshinweise
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Improved SL/TP, thank you finetime1000 for spotting !
Versionshinweise
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Added debugging
Also added symbols when it triggers (at close), the strategy order will then happen at open (next bar), just to help seeing how it works
Versionshinweise
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Added SELL a condition, if the option "BUY = false" is chosen, it will SELL whenever 1 of more BUY conditions isn't valid anymore
Versionshinweise
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Source is now more adjustable, when combined with a second, third,... script, you can use the source of that second,... script in the Stat-test
Versionshinweise
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Added as extra argument 'hist > hist[1]' (when 'hist' < 0) or 'hist < hist[1]' (when 'hist' > 0). When you want this option solely as strat, you could for example choose (BUY & SELL): 'RSI' strategy (values 0 & 100, so it never will be triggered), and 'extra argument' -> hist...
I am attempting to add this to my chart but when I click to add it says there is an issue and to please try again later, yet I can click and add any other strategy you have with no problem.
fikira
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@raincolle, Hi, thank you for reporting, I seem to have the same problem, though I haven't altered the script and it worked before as it should be.
I will ask the Tradingview helpdesk, thank you very much!
Regards
raincolle
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@fikira, Glad I could help. Your work looks great. I look forward to trying out this strategy in concert with your Strat Test Alert. Could you let me know where this matter gets sorted out? I would greatly appreciate it.
@raincolle, Thanks, it would appear it is solved! Please try it again, thanks!
CreatedMatter
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Question for you fikira, What does turning on the "recalculate after order is filled" switch do? I notice the cumulative profit total is considerably higher when I turn this on.
Thanks for your work on this script!
LoveContagion
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Hi @fikira, I love your Strategy tester! Will it be possible to add Leverage calculations for Leveraged Trades? Thank you! :)