This is just a basic RSI strategy that it easy to use and quite comprehensive so you can quickly test out an idea based on RSI.
- I made it comprehensive in that you can select long, short, or both.
- There is a simple moving average trend filter. You can filter for trades above, below, or don't include it at all.
- The exit is based on a simple moving...
Binary operations and storing several numbers in one variable.
It's useful when you need to pass a values numbers to another study. Study-on-study (SOS) in Tradingview allows passing only one value, which is not always convinient. So if we put all those numbers in one - we can pass more values from one study to another.
In Pine we can use up to 52 bits for our...
The script shows a workaround for list in pine-script via drawings.
There are few restrictions with them:
1. The size of the list cannot be more that amount of allowed drawings (about 40 by now)
2. Because the list shares the space of drawings throughout the whole script, using drawings with the list must be careful, with handly creating and removing of each...
The script shows a workaround for arrays in pine-script via drawings.
There are few restrictions with them:
1. The length of the array cannot be more that amount of allowed drawings (about 40 by now)
2. Because the "array" shares the space of drawings throughout the whole script, using drawings with the "array" must be careful, with handly creating and removing of...
This is an PS4 update to the popular Dual Thrust trading algorithm posted by me some time ago (). It has been commonly used in futures, Forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update...
Hi again :)
Script #2 for tonight, more to come :)
This one is a Pine transcription of a FXCM/LUA script called BSTrend
I used it years ago to trade index on very low timeframes with it. I'm always looking for oscillators that are more reactive than the traditional MACD. And even more reactive than the MACD Zero Lag
This is a proof of concept that Pinescript...
This is a randomization algorithm to randomly chose a number between 1 and 10. This has a number of use-cases. For instance, it can be used to vary your take profit percentage unpredictively removing the edge other algorithms and skilled traders have in triggering your stops. Included is the k-multiplied standard deviation provided for you to use at your...
The Dual Thrust trading algorithm is a famous strategy developed by Michael Chalek. It has been commonly used in futures, forex and equity markets. The idea of Dual Thrust is similar to a typical breakout system, however dual thrust uses the historical price to construct update the look back period - theoretically making it more stable in any given period.
This is a little something I created to analyze the market. Ultimately, I wanted to create something that could encapsulate the entire market as best as possible. The idea was simple, use technical analysis to create cases that would indicate entry positions and exit positions for long positions initially. After completing that, I decided to add a few shorting...
If you are interested in purchasing my algorithmic trading bot that receives Tradingview indicator alerts via email and then executes them in Bittrex, please visit my product page here: ilikestocks.com Additionally, I would love to create video/blog guides on creating Tradingview scripts or strategies. If you...
This is my first attempt at a psuedo-random number generator in Pine. It is, as you can see, a failed attempt thus far. I began by trying to implement the random color generator as described here: www.tradingcode.net in version 3 Pine (Not sure which version he was using). As you can see, the color isn't random.
Have tried a few different methods but just constantly get errors in different lines of code......been trying for hours *sigh*. Any help would be so greatly appreciated
Long when rsi overbought,
close trade when rsi oversold and < Vstop
strategy("Vstop and RSI", overlay=true)
length = input(2, "RSI Period")
overSold = input(30,...
I have developed a Microprofit Script for Tradingview and would like to introduce you to it.
More Details on the forum
First of all some keypoints to it:
-It uses Gunbot
-Many Microtrades on a bullish market
-Even make Profit on Sideway & wavy downtrends
-Double up to infinity
-Controlled downtrend averaging
Forex Master v4.0 is a mean-reversion algorithm currently optimized for trading the EUR/USD pair on the 5M chart interval. All indicator inputs use the period's closing price and all trades are executed at the open of the period following the period where the trade signal was generated.
There are 3 main components that make up Forex Master v4.0:
This is version 2 of my Forex Master algorithm originally posted here:
Initial equity = $100,000 (no leverage)
Order size = 100% of equity
Pyramiding = disabled
Long entry = EMA5(RSI20) cross> 50
Profit limit = 50 pips
Stop loss = 50 pips