BigBitsIO

Scoring Development Sample [BigBitsIO]

This script shows a sample of how to do confidence weighted scoring indicators and for loops with Pine. This indicator may or may not be found useful, it's intent is to provide a sample on how to create such an indicator and use certain Pine features.

Features:
- Defined points based on the confidence of RSI and Stochastic indicator
- Defined points based on candle color and sma trend direction

- For loops used to calculate bonus points for "extended periods" of confidence.


*** DISCLAIMER: For educational and entertainment purposes only. Nothing in this content should be interpreted as financial advice or a recommendation to buy or sell any sort of security or investment including all types of crypto. DYOR, TYOB. ***
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?
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Kommentare

I was able to apply these ideas to a script but this one I am a little stuck on....in the same way you worked the RSI points, I am looking to award more points as the slope of the SMA increases AS WELL AS more points the further the price pulls away from said SMA. Is that something youd be willing to share?
Not sure if youd prefer responding publicly here so as to help future viewers of the vid and to have more substance under your vids to aid your youtube algorithm or if youd prefer a more private setting. That being said, I also want to inquire about rates to put your magic touch and to finalize a script (that has very good potential IMHO) whose body is nearly complete but would jump next level if someone with extensive knowledge on the vast possibilities with pine could examine it, give their opinion on whats needed, implement said needs and pull all the moving parts together to finalize it. I understand that it is dependent on MANY things but would obviously be willing to share the script with you so that you can understand the gestalt of the conditions for which I am building it. Thanks for your time. BTW....BIG fan of your work and your efforts to help anyone that is eager to learn coding. So, thank you for everything that you do David. Your popularity is obviously growing immensely bc youtube has been trying to push you on me for some time now (they know me better than I thought) ;) Peace brother.
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Is there a way to convert this into a strategy? I tried but something is not working with the float functions.
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samacca Daenyx
@Daenyx, hi, did you get the answer?
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