█ OVERVIEW
Here I present to the community at large a collection of code comment blocks that I think will be useful, especially for larger script projects bordering on 2,000 lines or above of code.
█ PLANNED FUTURE UPDATES
Work with the community to expand this template to be even more useful with the inclusion of useful global colour sets,...
Add derivative of a signal for leading behaviour
formula: sig = (lambda/100)*source + (1-lambda/100)**momentum )
it has a multiplier and an offset for adjustment of result.
final formula: sig = multiplier*( (lambda/100)*src + (1-lambda/100)*mom_coef*mom ) + offset
In this script I use a simple, not necessarily profitable, strategy of a cross of MAs to teach how to calculate and plot the PnL of each trade made by the indicator. I also show how to calculate the cumulative PnL of all trades and the Buy and Hold of the same period.
These calculations which are natively available in any strategy script, require a bit of...
Moving Average Convergence Divergence – MACD
The most popular indicator used in technical analysis , the moving average convergence divergence ( MACD ), created by Gerald Appel. MACD is a trend-following momentum indicator , designed to reveal changes in the strength, direction, momentum, and duration of a trend in a financial instrument’s price
Historical...
Countdown Interval Timer calculates the time remaining (in seconds) until bar close and 5 custom intervals (minutes).
Given the execution model of Pine Script is ticked-based, alerts based on this indicator will only trigger if there is a tick at the right time.
Specifically, a tick would be required between the event target (close of bar time, end of minute/s...
Match with the MM Chop Filter
This draw Non repainting range boxes when the oscillator see a range.
-Breakout Buy/Sell Signals and Exit signals when prices enters a range just in case you did get into a trade. .
-Alarms to match the signals
How to use
Match with the oscillator and always trade the trend with your strategy confirmation and the breakout this...
The only time filter that you will ever need.
Easily filter for:
--> Start/End Dates
--> Weekdays
--> 1 or 2 Daily Trade Sessions.
This is open source on purpose so you can enjoy ease of use on your own codes. Simply copy the code and use the variable "inTime" to filter bars that fit your time constraints.
I spent a lot more time on this than I'd like to...
💭 Overview
💢 What is the "Template Trailing Strategy” ❓
The "Template Trailing Strategy" (TTS) is a back-tester orchestration framework. It supercharges the implementation-test-evaluation lifecycle of new trading strategies, by making it possible to plug in your own trading idea.
While TTS offers a vast number of configuration settings, it primarily allows...
Dashboard to see Price Momentum Build-Up at Nifty.
It cumulates all prices and their respective weightage.
During initial of a candle, we are not aware of volume is High or Not, we only get it in later buildup. But Price buildup will display it at the same instant that what is going with the price of all stocks.
The logic used here is that
1) If a stock close >...
This creates a combination style closing price change on each tick.
It has two theme options, one as silver dials for Dark Theme and the other as black dials for White Theme.
We get fixated to watching closing prices on charts and it gets visually daunting. This creates a combination style price change which updates on each tick, which is quite pleasing...
This script enables calling and/or plotting of traditional Candles sources while loaded on Heikin Ashi charts.
Thanks to @PineCoders for rounding method: www.pinecoders.com
Thanks to @BeeHolder for method to regex normalize syminfo.tickerid.
NOTICE: While this script is meant to be utilized on Heikin Ashi charts it does NOT enable ability to backtest!
NOTICE:...
A simple utility tool to examine a filter's step & impulse responses.
By default you can see LSMA's responses.
How to use:
1. Insert your filter to "f(input)" function inside the code;
2. Let this tool help you to make your own filters.
I been seeing people dropping snaps with this stuff but NEVER, NO1 actually dropped the tool itself (4 real?).
Well here is it,...
Example overload functions accept loading of _value for types float, int, or string, then positively identifies the actual argument type of that specific loaded _value.
Example function accepts loading of _value for types float, int, or string, then identifies whether the loaded _value is a string number, string, or number.
Hi, I'm @SenatorVonShaft
Just finished the strategy "STRATEGY R18-F-BTC" for trading on #bitcoin and other cryptocurrencies.
As any strategy on TradingView, R18 opens Long/Short positions (with no leverage) on certain price points for assets in the chart. But I intentionally make this strategy for Bitcoin . Strategy is effective with 1h chart and it has %36...
This is a simple backtest engine for your trading strategies. The idea behind this script is to make testing new strategies as easy as possible. Parameters such as take profit/stop loss and time period are built into the script and are customisable by the user via the settings interface. The only coding is to set the entry and exit conditions. Users need not touch...
![XAUUSD: [TEMPLATE] Code Block Comments](https://s3.tradingview.com/w/wzevYXew_mid.png "[TEMPLATE] Code Block Comments")
