RicardoSantos

[STRATEGY][RS]MA Strategy test V0

EXPERIMENTAL:Testing the strategy tester :D
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?
//@version=2
strategy("[STRATEGY][RS]MA Strategy test V0", overlay=true, pyramiding=3, default_qty_type=strategy.percent_of_equity, default_qty_value=1.0, initial_capital=100000)
length0 = input(5)
length1 = input(21)

isinsession = not na(time('1', '0400-1500'))
price = open

ma0 = ema(ema(price, length0), length0)
ma1 = ema(ema(price, length1), length1)
plot(ma0, color=navy)
plot(ma1, color=black)

osc0 = price-ma0
osc1 = ma0-ma1

isbull = osc0 > 0 and osc1 > 0
buy_condition = isinsession and isbull and not isbull[1]
buy_exit_condition = osc0 < 0 and osc1 < 0
strategy.entry("buy", strategy.long, comment="buy", when=buy_condition)
strategy.close(id='buy', when=buy_exit_condition)

isbear = osc0 < 0 and osc1 < 0
sell_condition = isinsession and isbear and not isbear[1]
sell_exit_condition = osc0 > 0 and osc1 > 0
strategy.entry("sell", strategy.short, comment="sell", when=sell_condition)
strategy.close(id='sell', when=sell_exit_condition)

//plot(strategy.equity, title="equity", color=red, linewidth=2, style=areabr)