X number of consecutive candles above MA (Tradingview Strategy)

djohnson87 · 2019-04-05T08:43:44+00:00

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

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

New
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

Cons-candles-v6.txt
04/08/2019 at 8:48 AM #95675 quote

Nicolas
Keymaster

Legend

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?

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

djohnson87
Participant

New

Yeah cheers any efficiencies you can add would be appreciated.

Yeah correct, should read lower closes. Thank you

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

Legend
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
```
04/09/2019 at 2:19 PM #95836 quote

djohnson87
Participant

New

Thank you
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X number of consecutive candles above MA (Tradingview Strategy)

ProOrder: Automated Strategies & Backtesting

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This topic contains 4 replies,
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Topic Details

Forum:	ProOrder: Automated Strategies & Backtesting
Language:	English
Started:	04/05/2019
Status:	Active
Attachments:	1 files