shawnteoh

MA Emperor insiliconot Strategy

Converted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to:
  • Specify time period for backtesting
  • Specify order quantity
  • Toggle original indicators (default off)

Quoting EmperorBTC:
Entry is to be made when the
1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over
2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle.
3. The price should be at-least above the 0.236 Level from the Swing high.

Kindly note that the strategy only attempts to do check number 1, where it ensures the entry opens above the cross-over.
Catatan Rilis: Updated to Pine Script v4 and implemented more checks before buying/selling:
  • Candle closes above / below the cross
  • Candle closes above 0.236 Fib / below 0.764 Fib from the most recent swing high / swing low
  • Next Heikin Ashi candle is green / red
Catatan Rilis: Updated formula for pivot points
Catatan Rilis: The alert script was hidden due to TradingView's rules, they do not allow similar scripts to be published. Therefore in order to enable alert functionalities, kindly duplicate this script and comment/uncomment (i.e. adding/removing "//") the indicated rows marked as "//Comment for alert" or "//Uncomment for alert".

If my work helped you, ETH address: 0xF9538782fE92783346eB5f41150176D125ED7048
Catatan Rilis: Missed out a line to comment out for alert
Catatan Rilis:
  • Simplified backtest range input
  • Alternate background color for signals instead of using floating shapes
  • Remove order quantity input, can be done via TradingView's in-built strategy properties which are much more robust
Catatan Rilis: Left the old floating shapes commented out in case anyone prefers them
Skrip open-source

Sejalan dengan semangat TradingView, penulis skrip ini telah mempublikasikannya secara open-source, sehingga para trader dapat memahami dan memverifikasinya. Salut untuk sang penulis! Anda dapat menggunakannya secara gratis, tetapi penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk dapat menggunakannya didalam sebuah chart.

Inggin menggunakan skrip ini pada chart?

Komentar

Pls explain in simple way...m not able to understand the steps
Nd what does P N means
Jawab
Hi Shawnteoh,

Thanks for the script. For alerts I have commented and uncommented as uncommented in the script as mentioned. :)
Now I am a novice in trading view and trying to see add alert in the trading view UI.
Is this right:
On the indicator on the chart > 3 dots(options) > Add alert on <Script name>.
Alert dialog opens..

Condition:
Dropdown 1 > <indicator name>
Dropdown 2 >Buy condition

Options:
selecting "Once per bar close"
Jawab
shawnteoh jayeshvg88
Jawab
jayeshvg88 shawnteoh
@shawnteoh, Awesome.. Thanks again.. :)
Jawab
Hi Shawnteoh,
Thanks for the script.
What would be the right way to set up the position sizes to show the performance for, let's say, a 10.000USD investment?
So far I only managed to set a contract size, which results in different USD amounts depending on the stock price. If I leave the contracts at 1 at the properties tab, and play with the input numbers, no changes are made in the backtesting panels. Thanks!
Jawab
shawnteoh sauriki
@sauriki, at row 5, add default_qty_type = strategy.cash for the orders to be in USD instead of unit size
Jawab
Release Notes: The alert script was hidden due to TradingView's rules, they do not allow similar scripts to be published. Therefore in order to enable alert functionalities, kindly duplicate this script and comment/uncomment (i.e. adding/removing "//") the indicated rows marked as "//Comment for alert" or "//Uncomment for alert"..
I dont get the comment for alert.
Can you explain further?
Jawab
shawnteoh moonstoned
@moonstoned, it basically means to uncomment the alert related lines and comment out the strategy related lines within the code, effectively converting this from a strategy to indicator.
Jawab
Heatzer shawnteoh
@shawnteoh, Why am I getting this error after comment/uncomment? Appreciate your response to this

"You cannot use strategy functions (strategy.risk.allow_entry_in) in study script. Please replace 'study' with 'strategy'."
Jawab