EMA Stoch Strategy For ProfitView

This strategy will enter positions when the set stochastic conditions are met, and uses the moving average to filter the direction of the trades (long/short). The background is used to illustrate the strength of the stochastic values.

The following is a step by step guide in order to automate the trading of the strategy with ProfitView:

In the indicator settings, set the desired stochastic and ema values, and the stochastic condition you want to use to enter a trade.
In the indicator, set which exchange, symbol, and account to execute trades on.
In the indicator, set the PV Alert names you intend to use. If you want to use the same names as provided in the pastebin below, you may set the three names to Market Long, Market Short, TP SL Hit.
In PV, create two new PV Alerts in the PV Alert tab in accordance to these specifics https://pastebin.com/b7HAfGHY.
On the Tradingview chart you want the indicator run on, create a new TV alert with this script as its condition, and specify the alert to "alert() function calls only".

Notas de Lançamento

Added leverage parameter that is added to the alert message for optional usage. Leverage in PV can now be set by adding leverage=_mylev to the order entry line for example
[side] quantity=100% type=market leverage=_mylev

Notas de Lançamento

Allow switch from Stoch RSI to plain Stoch

Notas de Lançamento

Only place tp/sl exits after position entries instead of every tick

Notas de Lançamento

Make stoch values invisibly plotted on the chart to be able to directly read current values

Notas de Lançamento

Fixed a bug that was sending tp/sl alert at the same time as position entry if tp/sl was enabled

Notas de Lançamento

Dont track trade direction with strategy variables anymore due to complications with sending tp/sl alert

Notas de Lançamento

Minor format edit

Notas de Lançamento

Minor code cleanup

Script de código aberto

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

treigen

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.

Script de código aberto

For quick access on a chart, add this script to your favorites — learn more here.

treigen