Wilder Moving Average Strategy

Majellan · 2020-06-25T16:49:17+00:00

Could some convert this Pinescript strategy to a ProRealtime strategy please? //@version=4 strategy(“Wilder’s Moving Average Strategy”, overlay=true) malength = input(36, “length”, minval=1) longd = false shortd = false lineColor = color.yellow wild = 0.0 wild := nz(wild[1]) + (close -nz(wild[1]))/malength longd := wild > wild[1] shortd := wild = 0)

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06/25/2020 at 5:49 PM #137161 quote

Majellan
Participant

Average

Could some convert this Pinescript strategy to a ProRealtime strategy please?

//@version=4
strategy(“Wilder’s Moving Average Strategy”, overlay=true)

malength = input(36, “length”, minval=1)

longd = false
shortd = false
lineColor = color.yellow
wild = 0.0

wild := nz(wild[1]) + (close -nz(wild[1]))/malength

longd := wild > wild[1]

shortd := wild < wild[1]

lineColor := longd ? color.green : shortd ? color.red : color.yellow

plot(wild, color=lineColor, linewidth=2, title=”WILD”)

if longd
strategy.entry(“long”, strategy.long, when = strategy.position_size <= 0) else if shortd strategy.entry(“short”, strategy.short, when = strategy.position_size >= 0)

06/25/2020 at 5:56 PM #137162 quote

robertogozzi
Moderator

Legend

Don’t you like the one built-in with the platform?

06/25/2020 at 6:14 PM #137165 quote

robertogozzi
Moderator

Legend

Vonasi pointed me out that it’s a strategy but you posted in ProBuilder (indicators).

I’ll move your topic to ProOrder.

06/25/2020 at 9:18 PM #137181 quote

Majellan
Participant

Average

Apologies. I posted in the wrong place.

06/26/2020 at 8:26 AM #137211 quote

Nicolas
Keymaster

Legend

This strategy is basically using the slope of the Wilder Average to enter at market. Did you know how it operates? The assisted creation is your best friend in case of simple strategy like this.

06/26/2020 at 8:30 AM #137212 quote

Nicolas
Keymaster

Legend

Same kind of strategy with Hull MA: https://www.prorealcode.com/topic/hull-ma-automatique/#post-72614

Simple MA: https://www.prorealcode.com/topic/place-orders-when-a-curve-change-colour/#post-19898

More complete with 2 EMA: https://www.prorealcode.com/topic/place-orders-when-a-curve-change-colour/#post-23373

and surely many more examples around the forums.

06/26/2020 at 8:30 AM #137213 quote

Majellan
Participant

Average

Thanks Nicolas. I didn’t think of that. Let me try it and see how it works.
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