یہ حکمت عملی بنیادی طور پر مارکیٹ سائفر ویو بی اشارے پر مبنی ہے۔ اشارے میں قیمت کی کارروائی کو دو تہوں ، ویو 1 اور ویو 2 میں تقسیم کیا گیا ہے۔ ویو 1 زیادہ حساس ہے جبکہ ویو 2 زیادہ ہموار ہے۔ ان کا کراس اوور تجارتی سگنل کے طور پر کام کرتا ہے۔ جب ویو 1 ویو 2 کے اوپر عبور کرتا ہے تو یہ خریدنے کا موقع ہے۔ جب نیچے عبور کرتا ہے تو ، یہ فروخت کا موقع ہے۔
یہ کوڈ Wave 1 اور Wave 2 کا حساب Wavetrend فنکشن کا استعمال کرتے ہوئے کرتا ہے۔ پھر یہ اوور بک / اوور سیلڈ ایریا کے ساتھ ساتھ لہر کی سمت کا تعین کرتا ہے۔ مثال کے طور پر ، جب لہر 1 لہر 2 سے نیچے عبور کرتی ہے جبکہ لہر 2 اوور بک ایریا میں ہوتی ہے تو ، یہ فروخت سگنل کو متحرک کرتی ہے۔
اس کے علاوہ، کوڈ میں فیصلے کی درستگی کو بہتر بنانے کے لئے متعدد معاون اشارے بھی شامل ہیں، جن میں شامل ہیں:
انتہائی علاقہ: آر ایس آئی اور منی فلو انڈیکس کو یکجا کرتے ہوئے قیمتوں میں اتار چڑھاؤ کی سطح کی نشاندہی کریں
KD: بولش/بیئرش رفتار کا فیصلہ کریں
اختلاف: خرید / فروخت کے موڑ کے مقامات کا پتہ لگائیں
پرچم: جج رجحان کی مستقل مزاجی
آخر میں، یہ Waves اور معاون اشارے پر مبنی تجارتی فیصلے کرتا ہے۔
متعدد اشارے مل کر فیصلے کی درستگی کو بہتر بناتے ہیں
یہ حکمت عملی نہ صرف خود ویو کراس اوور کا استعمال کرتی ہے ، بلکہ آر ایس آئی ، کے ڈی ، تغیر وغیرہ کا بھی استعمال کرتی ہے۔ سگنلز کو جوڑ کر ، اس سے درستگی میں بہتری آتی ہے۔
پرچم پکڑنے کے رجحانات
فلیگ کے ساتھ ، حکمت عملی مؤثر طریقے سے رجحان کی مستقل مزاجی کا تعین کرسکتی ہے اور جھوٹے اشاروں سے بچ سکتی ہے۔ اس سے اسے رجحان کے مواقع کو جلد ہی شناخت کرنے اور رجحان کے بعد بہترین کارکردگی کا مظاہرہ کرنے کی اجازت ملتی ہے۔
اس حکمت عملی میں بہت سے ایڈجسٹ پیرامیٹرز ہیں۔ صارفین اپنے مارکیٹ کے خیالات کی بنیاد پر اصلاح کرسکتے ہیں اور زیادہ پیچیدہ ماحول میں موافقت کرسکتے ہیں۔ اس سے حکمت عملی کو وسیع پیمانے پر قابل اطلاق بناتا ہے۔
کچھ ممکنہ خطرات بھی ہیں:
اشارے کے درمیان متضاد سگنل
بہت سے اشارے کے ساتھ ، مارکیٹ کے انتہائی حالات میں متضاد سگنل ہوسکتے ہیں۔ اس سے حتمی فیصلوں میں غیر یقینی صورتحال پیدا ہوتی ہے۔
پیرامیٹرز کو بہتر بنانا مشکل ہے
ممکنہ طور پر بہت کثرت سے تجارت
اسی طرح کی بہتری میں شامل ہیں:
فیصلے کی مضبوطی کو یقینی بنانے کے لئے مزید فلٹرز متعارف کروائیں
اسٹاپ نقصان کو کم ٹریڈنگ فریکوئنسی میں بڑھانا
/*backtest start: 2023-12-01 00:00:00 end: 2023-12-31 23:59:59 period: 1h basePeriod: 15m exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}] */ // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © vumanchu //@version=5 // Thanks to dynausmaux for the code // Thanks to falconCoin for https://www.tradingview.com/script/KVfgBvDd-Market-Cipher-B-Free-version-with-Buy-and-sell/ inspired me to start this. // Thanks to LazyBear for WaveTrend Oscillator https://www.tradingview.com/script/2KE8wTuF-Indicator-WaveTrend-Oscillator-WT/ // Thanks to RicardoSantos for https://www.tradingview.com/script/3oeDh0Yq-RS-Price-Divergence-Detector-V2/ // Thanks to LucemAnb for Plain Stochastic Divergence https://www.tradingview.com/script/FCUgF8ag-Plain-Stochastic-Divergence/ // Thanks to andreholanda73 for MFI+RSI Area https://www.tradingview.com/script/UlGZzUAr/ // I especially want to thank TradingView for its platform that facilitates development and learning. // // CIRCLES & TRIANGLES: // - LITTLE CIRCLE: They appear at all WaveTrend wave crossings. // - GREEN CIRCLE: The wavetrend waves are at the oversold level and have crossed up (bullish). // - RED CIRCLE: The wavetrend waves are at the overbought level and have crossed down (bearish). // - GOLD/ORANGE CIRCLE: When RSI is below 20, WaveTrend waves are below or equal to -80 and have crossed up after good bullish divergence (DONT BUY WHEN GOLD CIRCLE APPEAR). // - None of these circles are certain signs to trade. It is only information that can help you. // - PURPLE TRIANGLE: Appear when a bullish or bearish divergence is formed and WaveTrend waves crosses at overbought and oversold points. // // NOTES: // - I am not an expert trader or know how to program pine script as such, in fact it is my first indicator only to study and all the code is copied and modified from other codes that are published in TradingView. // - I am very grateful to the entire TV community that publishes codes so that other newbies like me can learn and present their results. This is an attempt to imitate Market Cipher B. // - Settings by default are for 4h timeframe, divergences are more stronger and accurate. Haven't tested in all timeframes, only 2h and 4h. // - If you get an interesting result in other timeframes I would be very grateful if you would comment your configuration to implement it or at least check it. // // CONTRIBUTIONS: // - Tip/Idea: Add higher timeframe analysis for bearish/bullish patterns at the current timeframe. // + Bearish/Bullish FLAG: // - MFI+RSI Area are RED (Below 0). // - Wavetrend waves are above 0 and crosses down. // - VWAP Area are below 0 on higher timeframe. // - This pattern reversed becomes bullish. // - Tip/Idea: Check the last heikinashi candle from 2 higher timeframe // + Bearish/Bullish DIAMOND: // - HT Candle is red // - WT > 0 and crossed down strategy(title='MCB CIRCLE ONLY PGB STRAT BUN TP SL TEST', shorttitle='MCB CIRCLE ONLY PGB STRAT BUN TP SL TEST', overlay=true ) // strategy.cash //max_bars_back = 200) // PARAMETERS { // WaveTrend wtShow = input(true, title='Show WaveTrend') wtBuyShow = input(true, title='Show Buy dots') wtGoldShow = input(true, title='Show Gold dots') wtSellShow = input(true, title='Show Sell dots') wtDivShow = input(true, title='Show Div. dots') vwapShow = input(true, title='Show Fast WT') wtChannelLen = input(9, title='WT Channel Length') wtAverageLen = input(12, title='WT Average Length') wtMASource = input(hlc3, title='WT MA Source') wtMALen = input(3, title='WT MA Length') // WaveTrend Overbought & Oversold lines obLevel = input(70, title='WT Overbought Level 1') obLevel2 = input(99, title='WT Overbought Level 2') obLevel3 = input(99, title='WT Overbought Level 3') osLevel = -obLevel osLevel2 = input(-99, title='WT Oversold Level 2') osLevel3 = input(-99, title='WT Oversold Level 3') // Divergence WT wtShowDiv = input(true, title='Show WT Regular Divergences') wtShowHiddenDiv = input(false, title='Show WT Hidden Divergences') showHiddenDiv_nl = input(true, title='Not apply OB/OS Limits on Hidden Divergences') wtDivOBLevel = input(81, title='WT Bearish Divergence min') // wtDivOSLevel = input(-91, title='WT Bullish Divergence min') wtDivOSLevel = -wtDivOBLevel // Divergence extra range wtDivOBLevel_addshow = input(true, title='Show 2nd WT Regular Divergences') wtDivOBLevel_add = input(63, title='WT 2nd Bearish Divergence') // wtDivOSLevel_add = input(-40, title='WT 2nd Bullish Divergence 15 min') wtDivOSLevel_add = -wtDivOBLevel_add // RSI+MFI rsiMFIShow = input(true, title='Show MFI') rsiMFIperiod = input(60, title='MFI Period') rsiMFIMultiplier = input.float(150, title='MFI Area multiplier') rsiMFIPosY = input(2.5, title='MFI Area Y Pos') // RSI rsiShow = input(false, title='Show RSI') rsiSRC = input(close, title='RSI Source') rsiLen = input(14, title='RSI Length') rsiOversold = input.int(30, title='RSI Oversold', minval=30, maxval=100) rsiOverbought = input.int(60, title='RSI Overbought', minval=0, maxval=60) // Divergence RSI rsiShowDiv = input(false, title='Show RSI Regular Divergences') rsiShowHiddenDiv = input(false, title='Show RSI Hidden Divergences') rsiDivOBLevel = input(60, title='RSI Bearish Divergence min') rsiDivOSLevel = input(30, title='RSI Bullish Divergence min') // RSI Stochastic stochShow = input(true, title='Show Stochastic RSI') stochUseLog = input(true, title=' Use Log?') stochAvg = input(false, title='Use Average of both K & D') stochSRC = input(close, title='Stochastic RSI Source') stochLen = input(14, title='Stochastic RSI Length') stochRsiLen = input(14, title='RSI Length ') stochKSmooth = input(3, title='Stochastic RSI K Smooth') stochDSmooth = input(3, title='Stochastic RSI D Smooth') // Divergence stoch stochShowDiv = input(false, title='Show Stoch Regular Divergences') stochShowHiddenDiv = input(false, title='Show Stoch Hidden Divergences') // Schaff Trend Cycle tcLine = input(false, title='Show Schaff TC line') tcSRC = input(close, title='Schaff TC Source') tclength = input(10, title='Schaff TC') tcfastLength = input(23, title='Schaff TC Fast Lenght') tcslowLength = input(50, title='Schaff TC Slow Length') tcfactor = input(0.5, title='Schaff TC Factor') // Sommi Flag sommiFlagShow = input(false, title='Show Sommi flag') sommiShowVwap = input(false, title='Show Sommi F. Wave') sommiVwapTF = input('720', title='Sommi F. Wave timeframe') sommiVwapBearLevel = input(0, title='F. Wave Bear Level (less than)') sommiVwapBullLevel = input(0, title='F. Wave Bull Level (more than)') soomiFlagWTBearLevel = input(0, title='WT Bear Level (more than)') soomiFlagWTBullLevel = input(0, title='WT Bull Level (less than)') soomiRSIMFIBearLevel = input(0, title='Money flow Bear Level (less than)') soomiRSIMFIBullLevel = input(0, title='Money flow Bull Level (more than)') // Sommi Diamond sommiDiamondShow = input(false, title='Show Sommi diamond') sommiHTCRes = input('60', title='HTF Candle Res. 1') sommiHTCRes2 = input('240', title='HTF Candle Res. 2') soomiDiamondWTBearLevel = input(0, title='WT Bear Level (More than)') soomiDiamondWTBullLevel = input(0, title='WT Bull Level (Less than)') // macd Colors macdWTColorsShow = input(false, title='Show MACD Colors') macdWTColorsTF = input('240', title='MACD Colors MACD TF') darkMode = input(false, title='Dark mode') // Colors colorRed = #ff0000 colorPurple = #e600e6 colorGreen = #3fff00 colorOrange = #e2a400 colorYellow = #ffe500 colorWhite = #ffffff colorPink = #ff00f0 colorBluelight = #31c0ff colorWT1 = #90caf9 colorWT2 = #0d47a1 colorWT2_ = #131722 colormacdWT1a = #4caf58 colormacdWT1b = #af4c4c colormacdWT1c = #7ee57e colormacdWT1d = #ff3535 colormacdWT2a = #305630 colormacdWT2b = #310101 colormacdWT2c = #132213 colormacdWT2d = #770000 // } PARAMETERS // FUNCTIONS { // Divergences f_top_fractal(src) => src[4] < src[2] and src[3] < src[2] and src[2] > src[1] and src[2] > src[0] f_bot_fractal(src) => src[4] > src[2] and src[3] > src[2] and src[2] < src[1] and src[2] < src[0] f_fractalize(src) => f_top_fractal(src) ? 1 : f_bot_fractal(src) ? -1 : 0 f_findDivs(src, topLimit, botLimit, useLimits) => fractalTop = f_fractalize(src) > 0 and (useLimits ? src[2] >= topLimit : true) ? src[2] : na fractalBot = f_fractalize(src) < 0 and (useLimits ? src[2] <= botLimit : true) ? src[2] : na highPrev = ta.valuewhen(fractalTop, src[2], 0)[2] highPrice = ta.valuewhen(fractalTop, high[2], 0)[2] lowPrev = ta.valuewhen(fractalBot, src[2], 0)[2] lowPrice = ta.valuewhen(fractalBot, low[2], 0)[2] bearSignal = fractalTop and high[2] > highPrice and src[2] < highPrev bullSignal = fractalBot and low[2] < lowPrice and src[2] > lowPrev bearDivHidden = fractalTop and high[2] < highPrice and src[2] > highPrev bullDivHidden = fractalBot and low[2] > lowPrice and src[2] < lowPrev [fractalTop, fractalBot, lowPrev, bearSignal, bullSignal, bearDivHidden, bullDivHidden] // RSI+MFI f_rsimfi(_period, _multiplier, _tf) => request.security(syminfo.tickerid, _tf, ta.sma((close - open) / (high - low) * _multiplier, _period) - rsiMFIPosY) // WaveTrend f_wavetrend(src, chlen, avg, malen, tf) => tfsrc = request.security(syminfo.tickerid, tf, src) esa = ta.ema(tfsrc, chlen) de = ta.ema(math.abs(tfsrc - esa), chlen) ci = (tfsrc - esa) / (0.015 * de) wt1 = request.security(syminfo.tickerid, tf, ta.ema(ci, avg)) wt2 = request.security(syminfo.tickerid, tf, ta.sma(wt1, malen)) wtVwap = wt1 - wt2 wtOversold = wt2 <= osLevel wtOverbought = wt2 >= obLevel wtCross = ta.cross(wt1, wt2) wtCrossUp = wt2 - wt1 <= 0 wtCrossDown = wt2 - wt1 >= 0 wtCrosslast = ta.cross(wt1[2], wt2[2]) wtCrossUplast = wt2[2] - wt1[2] <= 0 wtCrossDownlast = wt2[2] - wt1[2] >= 0 [wt1, wt2, wtOversold, wtOverbought, wtCross, wtCrossUp, wtCrossDown, wtCrosslast, wtCrossUplast, wtCrossDownlast, wtVwap] // Schaff Trend Cycle f_tc(src, length, fastLength, slowLength) => ema1 = ta.ema(src, fastLength) ema2 = ta.ema(src, slowLength) macdVal = ema1 - ema2 alpha = ta.lowest(macdVal, length) beta = ta.highest(macdVal, length) - alpha gamma = (macdVal - alpha) / beta * 100 gamma := beta > 0 ? gamma : nz(gamma[1]) delta = gamma delta := na(delta[1]) ? delta : delta[1] + tcfactor * (gamma - delta[1]) epsilon = ta.lowest(delta, length) zeta = ta.highest(delta, length) - epsilon eta = (delta - epsilon) / zeta * 100 eta := zeta > 0 ? eta : nz(eta[1]) stcReturn = eta stcReturn := na(stcReturn[1]) ? stcReturn : stcReturn[1] + tcfactor * (eta - stcReturn[1]) stcReturn // Stochastic RSI f_stochrsi(_src, _stochlen, _rsilen, _smoothk, _smoothd, _log, _avg) => src = _log ? math.log(_src) : _src rsi = ta.rsi(src, _rsilen) kk = ta.sma(ta.stoch(rsi, rsi, rsi, _stochlen), _smoothk) d1 = ta.sma(kk, _smoothd) avg_1 = math.avg(kk, d1) k = _avg ? avg_1 : kk [k, d1] // MACD f_macd(src, fastlen, slowlen, sigsmooth, tf) => fast_ma = request.security(syminfo.tickerid, tf, ta.ema(src, fastlen)) slow_ma = request.security(syminfo.tickerid, tf, ta.ema(src, slowlen)) macd = fast_ma - slow_ma signal = request.security(syminfo.tickerid, tf, ta.sma(macd, sigsmooth)) hist = macd - signal [macd, signal, hist] // MACD Colors on WT f_macdWTColors(tf) => hrsimfi = f_rsimfi(rsiMFIperiod, rsiMFIMultiplier, tf) [macd, signal, hist] = f_macd(close, 28, 42, 9, macdWTColorsTF) macdup = macd >= signal macddown = macd <= signal macdWT1Color = macdup ? hrsimfi > 0 ? colormacdWT1c : colormacdWT1a : macddown ? hrsimfi < 0 ? colormacdWT1d : colormacdWT1b : na macdWT2Color = macdup ? hrsimfi < 0 ? colormacdWT2c : colormacdWT2a : macddown ? hrsimfi < 0 ? colormacdWT2d : colormacdWT2b : na [macdWT1Color, macdWT2Color] // Get higher timeframe candle f_getTFCandle(_tf) => _open = request.security(ticker.heikinashi(syminfo.tickerid), _tf, open, barmerge.gaps_off, barmerge.lookahead_on) _close = request.security(ticker.heikinashi(syminfo.tickerid), _tf, close, barmerge.gaps_off, barmerge.lookahead_on) _high = request.security(ticker.heikinashi(syminfo.tickerid), _tf, high, barmerge.gaps_off, barmerge.lookahead_on) _low = request.security(ticker.heikinashi(syminfo.tickerid), _tf, low, barmerge.gaps_off, barmerge.lookahead_on) hl2 = (_high + _low) / 2.0 newBar = ta.change(_open) candleBodyDir = _close > _open [candleBodyDir, newBar] // Sommi flag f_findSommiFlag(tf, wt1, wt2, rsimfi, wtCross, wtCrossUp, wtCrossDown) => [hwt1, hwt2, hwtOversold, hwtOverbought, hwtCross, hwtCrossUp, hwtCrossDown, hwtCrosslast, hwtCrossUplast, hwtCrossDownlast, hwtVwap] = f_wavetrend(wtMASource, wtChannelLen, wtAverageLen, wtMALen, tf) bearPattern = rsimfi < soomiRSIMFIBearLevel and wt2 > soomiFlagWTBearLevel and wtCross and wtCrossDown and hwtVwap < sommiVwapBearLevel bullPattern = rsimfi > soomiRSIMFIBullLevel and wt2 < soomiFlagWTBullLevel and wtCross and wtCrossUp and hwtVwap > sommiVwapBullLevel [bearPattern, bullPattern, hwtVwap] f_findSommiDiamond(tf, tf2, wt1, wt2, wtCross, wtCrossUp, wtCrossDown) => [candleBodyDir, newBar] = f_getTFCandle(tf) [candleBodyDir2, newBar2] = f_getTFCandle(tf2) bearPattern = wt2 >= soomiDiamondWTBearLevel and wtCross and wtCrossDown and not candleBodyDir and not candleBodyDir2 bullPattern = wt2 <= soomiDiamondWTBullLevel and wtCross and wtCrossUp and candleBodyDir and candleBodyDir2 [bearPattern, bullPattern] // } FUNCTIONS // CALCULATE INDICATORS { // RSI rsi = ta.rsi(rsiSRC, rsiLen) rsiColor = rsi <= rsiOversold ? colorGreen : rsi >= rsiOverbought ? colorRed : colorPurple // RSI + MFI Area rsiMFI = f_rsimfi(rsiMFIperiod, rsiMFIMultiplier, timeframe.period) rsiMFIColor = rsiMFI > 0 ? #3ee145 : #ff3d2e // Calculates WaveTrend [wt1, wt2, wtOversold, wtOverbought, wtCross, wtCrossUp, wtCrossDown, wtCross_last, wtCrossUp_last, wtCrossDown_last, wtVwap] = f_wavetrend(wtMASource, wtChannelLen, wtAverageLen, wtMALen, timeframe.period) // Stochastic RSI [stochK, stochD] = f_stochrsi(stochSRC, stochLen, stochRsiLen, stochKSmooth, stochDSmooth, stochUseLog, stochAvg) // Schaff Trend Cycle tcVal = f_tc(tcSRC, tclength, tcfastLength, tcslowLength) // Sommi flag [sommiBearish, sommiBullish, hvwap] = f_findSommiFlag(sommiVwapTF, wt1, wt2, rsiMFI, wtCross, wtCrossUp, wtCrossDown) //Sommi diamond [sommiBearishDiamond, sommiBullishDiamond] = f_findSommiDiamond(sommiHTCRes, sommiHTCRes2, wt1, wt2, wtCross, wtCrossUp, wtCrossDown) // macd colors [macdWT1Color, macdWT2Color] = f_macdWTColors(macdWTColorsTF) // WT Divergences [wtFractalTop, wtFractalBot, wtLow_prev, wtBearDiv, wtBullDiv, wtBearDivHidden, wtBullDivHidden] = f_findDivs(wt2, wtDivOBLevel, wtDivOSLevel, true) [wtFractalTop_add, wtFractalBot_add, wtLow_prev_add, wtBearDiv_add, wtBullDiv_add, wtBearDivHidden_add, wtBullDivHidden_add] = f_findDivs(wt2, wtDivOBLevel_add, wtDivOSLevel_add, true) [wtFractalTop_nl, wtFractalBot_nl, wtLow_prev_nl, wtBearDiv_nl, wtBullDiv_nl, wtBearDivHidden_nl, wtBullDivHidden_nl] = f_findDivs(wt2, 0, 0, false) wtBearDivHidden_ = showHiddenDiv_nl ? wtBearDivHidden_nl : wtBearDivHidden wtBullDivHidden_ = showHiddenDiv_nl ? wtBullDivHidden_nl : wtBullDivHidden wtBearDivColor = wtShowDiv and wtBearDiv or wtShowHiddenDiv and wtBearDivHidden_ ? colorRed : na wtBullDivColor = wtShowDiv and wtBullDiv or wtShowHiddenDiv and wtBullDivHidden_ ? colorGreen : na wtBearDivColor_add = wtShowDiv and wtDivOBLevel_addshow and wtBearDiv_add or wtShowHiddenDiv and wtDivOBLevel_addshow and wtBearDivHidden_add ? #9a0202 : na wtBullDivColor_add = wtShowDiv and wtDivOBLevel_addshow and wtBullDiv_add or wtShowHiddenDiv and wtDivOBLevel_addshow and wtBullDivHidden_add ? #1b5e20 : na // RSI Divergences [rsiFractalTop, rsiFractalBot, rsiLow_prev, rsiBearDiv, rsiBullDiv, rsiBearDivHidden, rsiBullDivHidden] = f_findDivs(rsi, rsiDivOBLevel, rsiDivOSLevel, true) [rsiFractalTop_nl, rsiFractalBot_nl, rsiLow_prev_nl, rsiBearDiv_nl, rsiBullDiv_nl, rsiBearDivHidden_nl, rsiBullDivHidden_nl] = f_findDivs(rsi, 0, 0, false) rsiBearDivHidden_ = showHiddenDiv_nl ? rsiBearDivHidden_nl : rsiBearDivHidden rsiBullDivHidden_ = showHiddenDiv_nl ? rsiBullDivHidden_nl : rsiBullDivHidden rsiBearDivColor = rsiShowDiv and rsiBearDiv or rsiShowHiddenDiv and rsiBearDivHidden_ ? colorRed : na rsiBullDivColor = rsiShowDiv and rsiBullDiv or rsiShowHiddenDiv and rsiBullDivHidden_ ? colorGreen : na // Stoch Divergences [stochFractalTop, stochFractalBot, stochLow_prev, stochBearDiv, stochBullDiv, stochBearDivHidden, stochBullDivHidden] = f_findDivs(stochK, 0, 0, false) stochBearDivColor = stochShowDiv and stochBearDiv or stochShowHiddenDiv and stochBearDivHidden ? colorRed : na stochBullDivColor = stochShowDiv and stochBullDiv or stochShowHiddenDiv and stochBullDivHidden ? colorGreen : na // Small Circles WT Cross signalColor = wt2 - wt1 > 0 ? color.red : color.lime // Buy signal. buySignal = wtCross and wtCrossUp and wtOversold buySignalDiv = wtShowDiv and wtBullDiv or wtShowDiv and wtBullDiv_add or stochShowDiv and stochBullDiv or rsiShowDiv and rsiBullDiv buySignalDiv_color = wtBullDiv ? colorGreen : wtBullDiv_add ? color.new(colorGreen, 100) : rsiShowDiv ? colorGreen : na // Sell signal sellSignal = wtCross and wtCrossDown and wtOverbought sellSignalDiv = wtShowDiv and wtBearDiv or wtShowDiv and wtBearDiv_add or stochShowDiv and stochBearDiv or rsiShowDiv and rsiBearDiv sellSignalDiv_color = wtBearDiv ? colorRed : wtBearDiv_add ? color.new(colorRed, 60) : rsiBearDiv ? colorRed : na // Gold Buy lastRsi = ta.valuewhen(wtFractalBot, rsi[2], 0)[2] wtGoldBuy = (wtShowDiv and wtBullDiv or rsiShowDiv and rsiBullDiv) and wtLow_prev <= osLevel3 and wt2 > osLevel3 and wtLow_prev - wt2 <= -5 and lastRsi < 30 // } CALCULATE INDICATORS // DRAW { bgcolor(darkMode ? color.new(#000000, 80) : na, transp=90) zLine = plot(0, color=color.new(colorWhite, 50)) // MFI BAR rsiMfiBarTopLine = plot(rsiMFIShow ? -95 : na, title='MFI Bar TOP Line', transp=100) rsiMfiBarBottomLine = plot(rsiMFIShow ? -99 : na, title='MFI Bar BOTTOM Line', transp=50) fill(rsiMfiBarTopLine, rsiMfiBarBottomLine, title='MFI Bar Colors', color=rsiMFIColor, transp=75) // WT Areas plot(wtShow ? wt1 : na, style=plot.style_area, title='WT Wave 1', color=macdWTColorsShow ? macdWT1Color : colorWT1, transp=0) plot(wtShow ? wt2 : na, style=plot.style_area, title='WT Wave 2', color=macdWTColorsShow ? macdWT2Color : darkMode ? colorWT2_ : colorWT2, transp=20) // VWAP plot(vwapShow ? wtVwap : na, title='VWAP', color=color.new(colorYellow, 45), style=plot.style_area, linewidth=2) // MFI AREA rsiMFIplot = plot(rsiMFIShow ? rsiMFI : na, title='RSI+MFI Area', color=rsiMFIColor, transp=20) fill(rsiMFIplot, zLine, rsiMFIColor, transp=40) // WT Div plot(series=wtFractalTop ? wt2[2] : na, title='WT Bearish Divergence', color=wtBearDivColor, linewidth=2, offset=-2) plot(series=wtFractalBot ? wt2[2] : na, title='WT Bullish Divergence', color=wtBullDivColor, linewidth=2, offset=-2) // WT 2nd Div plot(series=wtFractalTop_add ? wt2[2] : na, title='WT 2nd Bearish Divergence', color=wtBearDivColor_add, linewidth=2, offset=-2) plot(series=wtFractalBot_add ? wt2[2] : na, title='WT 2nd Bullish Divergence', color=wtBullDivColor_add, linewidth=2, offset=-2) // RSI plot(rsiShow ? rsi : na, title='RSI', color=rsiColor, linewidth=2, transp=25) // RSI Div plot(series=rsiFractalTop ? rsi[2] : na, title='RSI Bearish Divergence', color=rsiBearDivColor, linewidth=1, offset=-2) plot(series=rsiFractalBot ? rsi[2] : na, title='RSI Bullish Divergence', color=rsiBullDivColor, linewidth=1, offset=-2) // Stochastic RSI stochKplot = plot(stochShow ? stochK : na, title='Stoch K', color=color.new(#21baf3, 0), linewidth=2) stochDplot = plot(stochShow ? stochD : na, title='Stoch D', color=color.new(#673ab7, 60), linewidth=1) stochFillColor = stochK >= stochD ? color.new(#21baf3, 75) : color.new(#673ab7, 60) fill(stochKplot, stochDplot, title='KD Fill', color=stochFillColor, transp=90) // Stoch Div plot(series=stochFractalTop ? stochK[2] : na, title='Stoch Bearish Divergence', color=stochBearDivColor, linewidth=1, offset=-2) plot(series=stochFractalBot ? stochK[2] : na, title='Stoch Bullish Divergence', color=stochBullDivColor, linewidth=1, offset=-2) // Schaff Trend Cycle plot(tcLine ? tcVal : na, color=color.new(#673ab7, 25), linewidth=2, title='Schaff Trend Cycle 1') plot(tcLine ? tcVal : na, color=color.new(colorWhite, 50), linewidth=1, title='Schaff Trend Cycle 2') // Draw Overbought & Oversold lines plot(obLevel, title='Over Bought Level 1', color=color.new(colorWhite, 11), linewidth=1, style=plot.style_line) plot(obLevel2, title='Over Bought Level 2', color=color.new(colorWhite, 85), linewidth=1, style=plot.style_stepline) plot(obLevel3, title='Over Bought Level 3', color=color.new(colorWhite, 95), linewidth=1, style=plot.style_circles) plot(osLevel, title='Over Sold Level 1', color=color.new(colorWhite, 11), linewidth=1, style=plot.style_line) plot(osLevel2, title='Over Sold Level 2', color=color.new(colorWhite, 85), linewidth=1, style=plot.style_stepline) // Sommi flag plotchar(sommiFlagShow and sommiBearish ? 108 : na, title='Sommi bearish flag', char='⚑', color=color.new(colorPink, 0), location=location.absolute, size=size.tiny) plotchar(sommiFlagShow and sommiBullish ? -108 : na, title='Sommi bullish flag', char='⚑', color=color.new(colorBluelight, 0), location=location.absolute, size=size.tiny) plot(sommiShowVwap ? ta.ema(hvwap, 3) : na, title='Sommi higher VWAP', color=color.new(colorYellow, 15), linewidth=2, style=plot.style_line) // Sommi diamond plotchar(sommiDiamondShow and sommiBearishDiamond ? 108 : na, title='Sommi bearish diamond', char='◆', color=color.new(colorPink, 0), location=location.absolute, size=size.tiny) plotchar(sommiDiamondShow and sommiBullishDiamond ? -108 : na, title='Sommi bullish diamond', char='◆', color=color.new(colorBluelight, 0), location=location.absolute, size=size.tiny) // Circles plot(wtCross ? wt2 : na, title='Buy and sell circle', color=signalColor, style=plot.style_circles, linewidth=3, transp=15) plotchar(wtBuyShow and buySignal ? -107 : na, title='Buy circle', char='·', color=color.new(colorGreen, 10), location=location.absolute, size=size.small) plotchar(wtSellShow and sellSignal ? 105 : na, title='Sell circle', char='·', color=color.new(colorRed, 10), location=location.absolute, size=size.small) plotchar(wtDivShow and buySignalDiv ? -106 : na, title='Divergence buy circle', char='•', color=buySignalDiv_color, location=location.absolute, size=size.small, offset=-2, transp=70) plotchar(wtDivShow and sellSignalDiv ? 106 : na, title='Divergence sell circle', char='•', color=sellSignalDiv_color, location=location.absolute, size=size.small, offset=-2, transp=70) plotchar(wtGoldBuy and wtGoldShow ? -106 : na, title='Gold buy gold circle', char='•', color=color.new(colorOrange, 60), location=location.absolute, size=size.small, offset=-2) // } DRAW long = ta.crossover (wt1, wt2) and wt1<osLevel // long = wtBullDiv or ta.crossover (wt1, wt2) and wt1<osLevel // long = wtBullDiv // short= wtBearDiv // short= wtBearDiv or ta.crossunder(wt1, wt2) and wt1>obLevel short= ta.crossunder(wt1, wt2) and wt1>obLevel // Position Management Tools pos = 0.0 pos:= long? 1 : short? -1 : pos[1] longCond = long and (pos[1]!= 1 or na(pos[1])) shortCond = short and (pos[1]!=-1 or na(pos[1])) // EXIT FUNCTIONS // i_sl = input.float(0.0, title="Stop Loss % ", minval=0, step=1, inline='sl ') i_tp = input.float(0.0, title="Take Profit % ", minval=0, step=1, inline='tp ') i_tsl = input.float(0.0, title="Trailing Stop Loss %", minval=0, step=1, inline='tsl') sl = i_sl >0? i_sl /100 : 99999 tp = i_tp >0? i_tp /100 : 99999 tsl = i_tsl>0? i_tsl/100 : 99999 long_entry = ta.valuewhen(longCond , close, 0) short_entry = ta.valuewhen(shortCond, close, 0) // Trailing Stop Loss trail_long = 0.0, trail_short = 0.0 trail_long := longCond? high : high>trail_long[1]? high : pos<1 ? 0 : trail_long[1] trail_short := shortCond? low : low<trail_short[1]? low : pos>-1 ? 99999 : trail_short[1] trail_long_final = trail_long * (1-tsl) trail_short_final = trail_short * (1+tsl) // Simple Stop Loss and Take Profit sl_long0 = long_entry * (1 - sl) sl_short0 = short_entry * (1 + sl) tp_long = long_entry * (1 + tp) tp_short = short_entry * (1 - tp) sl_long = math.max(sl_long0, trail_long_final) sl_short = math.min(sl_short0, trail_short_final) // Position Adjustment long_sl = low <sl_long[1] and pos[1]==1 short_sl = high>sl_short[1] and pos[1]==-1 final_long_tp = high>tp_long[1] and pos[1]==1 final_short_tp = low <tp_short[1] and pos[1]==-1 if ((long_sl or final_long_tp) and not shortCond) or ((short_sl or final_short_tp) and not longCond) pos:=0 // Strategy Backtest Limiting Algorithm i_startTime = input(defval = timestamp("01 Sep 2002 13:30 +0000"), title = "Backtesting Start Time") i_endTime = input(defval = timestamp("30 Sep 2099 19:30 +0000"), title = "Backtesting End Time" ) timeCond = true strategy.initial_capital = 50000 equity = strategy.initial_capital + strategy.netprofit if equity>0 and timeCond if longCond strategy.entry("long" , strategy.long ) if shortCond strategy.entry("short", strategy.short) strategy.exit("SL/TP", from_entry = "long" , stop=sl_long , limit=tp_long , comment_profit ='TP', comment_loss='SL') strategy.exit("SL/TP", from_entry = "short", stop=sl_short, limit=tp_short, comment_profit ='TP', comment_loss='SL') // ALERTS { // BUY alertcondition(longCond, 'Buy (Big green circle)', 'Green circle WaveTrend Oversold') alertcondition(buySignalDiv, 'Buy (Big green circle + Div)', 'Buy & WT Bullish Divergence & WT Overbought') alertcondition(wtGoldBuy, 'GOLD Buy (Big GOLDEN circle)', 'Green & GOLD circle WaveTrend Overbought') alertcondition(sommiBullish or sommiBullishDiamond, 'Sommi bullish flag/diamond', 'Blue flag/diamond') alertcondition(wtCross and wtCrossUp, 'Buy (Small green dot)', 'Buy small circle') // SELL alertcondition(sommiBearish or sommiBearishDiamond, 'Sommi bearish flag/diamond', 'Purple flag/diamond') alertcondition(sellSignal, 'Sell (Big red circle)', 'Red Circle WaveTrend Overbought') alertcondition(sellSignalDiv, 'Sell (Big red circle + Div)', 'Buy & WT Bearish Divergence & WT Overbought') alertcondition(wtCross and wtCrossDown, 'Sell (Small red dot)', 'Sell small circle') // } ALERTS