X number of consecutive candles above MA (Tradingview Strategy)

• 04/05/2019 at 9:43 AM #95505
  djohnson87

  Hi all

  Are you able to please assist with converting the attached TradingView script strategy to ProBuilder please?

  System essentially does the following:

  Long entries:

  • Looks back at x number of consecutive candles’ closing price and if it forms x number of higher closes above the simple moving average enter long
  • Uses take profit and stop loss

  Short entries

  • Looks back at x number of consecutive candles’ closing price and it it forms x number of lower lows below the simple moving average enter short
  • uses take profit and stop loss

  Attached system has a lookback of 10 candles but that way too much. Maximum lookback of 5 candles is required.

   

  Thanks heaps, please advise any further questions. Cheers

  

  djohnson87

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  04/08/2019 at 8:48 AM #95675
  Nicolas

  Wow the code is huge and not well formatted, I think that we can reduce it a lot.
  You are talking about “lower lows” while short conditions are testing lower close, is that ok?

  

  Nicolas

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  04/08/2019 at 8:52 AM #95676
  djohnson87

  Yeah cheers any efficiencies you can add would be appreciated.

  Yeah correct, should read lower closes. Thank you

  

  djohnson87

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  04/09/2019 at 8:52 AM #95790
  Nicolas

  Below is the code compatible with ProBacktest / ProOrder: (consecutive candles are set to 5 and moving average period to 50, but you can change these settings at the beginning of the code).

  defparam cumulateorders=false MAperiod = 50 bblong = 3 //"# Bars Back for Long" bbshort= 3 //"# Bars Back for Short" slPoints = 50 //"Stop Loss in Pips (zero to disable)" tpPoints = 50 //"Target Profit in Pips (zero to disable)" ma = average[MAperiod] buyc = summation[bblong](close>close[1] and close>ma)=bblong sellc = summation[bbshort](close<close[1] and close<ma)=bbshort if not longonmarket and buyc then buy 1 contract at market endif if not shortonmarket and sellc then sellshort 1 contract at market endif set target pprofit tpPoints set stop ploss slPoints

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  defparam cumulateorders=false   MAperiod = 50 bblong = 3 //"# Bars Back for Long" bbshort= 3 //"# Bars Back for Short" slPoints    = 50 //"Stop Loss in Pips (zero to disable)" tpPoints    = 50 //"Target Profit in Pips (zero to disable)"   ma = average[MAperiod] buyc = summation[bblong](close>close[1] and close>ma)=bblong sellc = summation[bbshort](close<close[1] and close<ma)=bbshort   if not longonmarket and buyc then buy 1 contract at market endif   if not shortonmarket and sellc then sellshort 1 contract at market endif   set target pprofit tpPoints set stop ploss slPoints

   

  

  Nicolas

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  04/09/2019 at 2:19 PM #95836
  djohnson87

  Thank you

  

  djohnson87

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