EMA Stoch Strategy For ProfitView

11. Mai 2022

This strategy will enter positions when the set stochastic conditions are met, and uses the moving average to filter the direction of the trades (long/short). The background is used to illustrate the strength of the stochastic values.

The following is a step by step guide in order to automate the trading of the strategy with ProfitView:

• In the indicator settings, set the desired stochastic and ema values, and the stochastic condition you want to use to enter a trade.
  
• In the indicator, set which exchange, symbol, and account to execute trades on.
  
• In the indicator, set the PV Alert names you intend to use. If you want to use the same names as provided in the pastebin below, you may set the three names to Market Long, Market Short, TP SL Hit.
  
• In PV, create two new PV Alerts in the PV Alert tab in accordance to these specifics https://pastebin.com/b7HAfGHY.
  
• On the Tradingview chart you want the indicator run on, create a new TV alert with this script as its condition, and specify the alert to "alert() function calls only".
  

11. Mai 2022

Versionshinweise

Added leverage parameter that is added to the alert message for optional usage. Leverage in PV can now be set by adding leverage=_mylev to the order entry line for example
[side] quantity=100% type=market leverage=_mylev

11. Mai 2022

Versionshinweise

Allow switch from Stoch RSI to plain Stoch

13. Mai 2022

Versionshinweise

Only place tp/sl exits after position entries instead of every tick

13. Mai 2022

Versionshinweise

Make stoch values invisibly plotted on the chart to be able to directly read current values

15. Mai 2022

Versionshinweise

Fixed a bug that was sending tp/sl alert at the same time as position entry if tp/sl was enabled

15. Mai 2022

Versionshinweise

Dont track trade direction with strategy variables anymore due to complications with sending tp/sl alert

17. Mai 2022

Versionshinweise

Minor format edit

17. Mai 2022

Versionshinweise

Minor code cleanup