I receive unwanted alert messages. I would like to have only 1 "Go Long" alert when going long and then no other "Go Long" alerts until after the first "Go Short" alert. I'm having trouble getting this right.
//#version=5
strategy("Single Alert Strategy", overlay=true)
// Create flags to avoid multiple Long signals when already in Long and multiple Short signals when already in Short
isLong = false // We initialize a value and give it false (we are not in a Long position)
isLong := nz(isLong[1]) // We check the previous value and assign the previous value to this variable (when no previous value exist it will become false)
isShort = false // We initialize a value and give it false (we are not in a Short position)
isShort := nz(isShort[1]) // We check the previous value and assign the previous value to this variable (when no previous value exist it will become false)
// Long Short conditions
tot_rsi = ta.rsi(close, 14)
bullLevel = 30
bearLevel = 70
longCondition = ta.crossover(tot_rsi, bullLevel) and not isLong // Go Long only if we are not already Long
shortCondition = ta.crossunder(tot_rsi, bearLevel) and not isShort // Go Short only if we are not already Short
// Change the flags to avoid duplicate signals
if (longCondition)
isLong := true
isShort := false
if (shortCondition)
isLong := false
isShort := true
if longCondition
strategy.entry('Long', strategy.long, alert_message = "GoLong")
if shortCondition
strategy.entry('Short', strategy.short, alert_message = "GoShort")
// Plot the signals and compare them with the Alerts log
plotshape(series=longCondition, title="Long", text="Long", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)
plotshape(series=shortCondition, title="Short", text="Short", style=shape.triangledown, location=location.belowbar, color=color.red, size=size.small)
I followed the instructions in the answer provided here. While the signal indicators plot correctly (no additional signals), I do get an alert message when there was no signal plotted. This strategy is newly created with a new alert and is only added to 1 chart. The alert was created at 06:58, there were signals plotted before the alert was created but it triggered at 07:05 even though there was no signal plotted.
RSI level at 07:05 was 48.20
Any ideas what may have caused this alert to trigger and how to prevent additional alerts like these?
Link to screenshot
Edit: I'm testing an alternative approach. The unwanted alerts do not come frequently so I may have to run it for some time. If anyone knows of a different work around then I'm happy to give that a try.
//#version=5
strategy("Single Alert Strategy", overlay=true, calc_on_every_tick = true)
noOrder = strategy.closedtrades == 0 // There is no previous order
openLong = strategy.position_size > 0 // We are going Long
openShort = strategy.position_size < 0 // We are going Short
// Long Short conditions
tot_rsi = ta.rsi(close, 14)
bullLevel = 30
bearLevel = 70
longCondition = ta.crossover(tot_rsi, bullLevel) and (openShort[1] or noOrder) // Go Long only if the previous order was Short
shortCondition = ta.crossunder(tot_rsi, bearLevel) and (openLong[1] or noOrder) // Go Short only if the previous order was Long
if longCondition
strategy.entry('Long', strategy.long, alert_message = "GoLong")
if shortCondition
strategy.entry('Short', strategy.short, alert_message = "GoShort")
// Plot the signals and compare them with the Alerts log
plotshape(series=longCondition, title="Long", text="Long", style=shape.triangleup, location=location.belowbar, color=color.green, size=size.small)
plotshape(series=shortCondition, title="Short", text="Short", style=shape.triangledown, location=location.belowbar, color=color.red, size=size.small)
Edit 2: The 2nd approach also created an alert despite there not being any signal plotted. Screenhot here
You should test also with strategy.opentrades which will return something !=0 if a trade (Long or Short) is currently open :
if longCondition and strategy.opentrades==0
strategy.close_all(comment="close", immediately=true)
strategy.entry('Long', strategy.long, alert_message = "GoLong")
if shortCondition and strategy.opentrades==0
strategy.close_all(comment="close", immediately=true)
strategy.entry('Short', strategy.short, alert_message = "GoShort")
Related
First time coding - trying to set up a bot that creates multiple buy orders every time the buying signal is met and closed once the short signal is triggered - and vice versa. It seems to be working in TradingView when I add the strategy to the chart however when I connect it to 3 commas it only takes in one buy order (paper trading account) - and it closes it specifically when the condition to keep the position from closing is triggered.
I think I've set up the strategy correctly to take up to six positions with pyramiding.
strategy("DEMA CROSS STRATEGY", shorttitle = "DEMAC-S", overlay = true, initial_capital = 4000, default_qty_type = strategy.percent_of_equity, default_qty_value = 20, commission_type = strategy.commission.percent, commission_value = 0.03, pyramiding = 6)
The conditions to keep a position from closing if longAction or shortAction are true, then keep the opened positions from closing, otherwise close all positions and open a long/short.
positionState = volume < valueThreshold and ADXsignal < adxThreshold
//logic
longCondition = ta.crossover(DEMA1, DEMA2) and supertrend_X_min < close and mfi+rsi/1.8 > 40 and close > WMA
shortCondition = ta.crossunder(DEMA1, DEMA2) and supertrend_X_min > close and mfi+rsi/1.8 < 60 and close < WMA and atr < .05
longAction = (longCondition and positionState)
shortAction = (shortCondition and positionState)
if (shortAction or longAction)
false
else
if (longCondition)
strategy.entry("Enter Long", strategy.long)
strategy.exit("Exit Short", stop=na)
if (shortCondition)
strategy.entry("Enter Short", strategy.short)
strategy.exit("Exit Long", stop=na)
//
//Buy and sell alerts
buyAlert = XXXXXXXXXXXXXXXXXXXXXXXXXXX
exitAlert = XXXXXXXXXXXXXXXXXXXXXXXXXXXX
if longAction ? na : longCondition
alert(buyAlert, alert.freq_once_per_bar)
if shortAction ? na : shortCondition
alert(exitAlert, alert.freq_once_per_bar)
I've tried multiple different if then statements but honestly I'm not sure if I'm just doing it plain wrong at this stage.
Like I've stated, the code works in TradingView - not in 3Commas
So I have a problem, thought a lot about it but not able to fix it so I would appreciate some help from you.
To make it simple, I'll give another piece of code.
currentRSI = ta.rsi(close,14)
var tradeExists = 0
if (currentRSI > 50 and tradeExists == 0)
tradeExists := 1
alert("Long trade")
In my case, if currentRSI crosses over 50, so it gets to 51, AND in the same candle of the timeframe it gets to 49.5, the tradeExists value will remain 0 but the alert has been sent
how could I fix to detect that and close the trade, any idea if I can do this?
I want to specify that I also tried using varip tradeExists = 0 but the variable still gets rollback at the close of the candle.
I just had that problem and I fixed it: use
the barstate.isconfirmed in your conditions, it's the only way to change a var in pinescript.
if (barstate.isconfirmed and first_time_signal == false)
if nT3Average >= ok_to_buy and nT3Average_2 <= oversold
last_signal := 1
label.new(bar_index,close,'Long',color=color.rgb(49, 161, 64),style = label.style_label_up,xloc=xloc.bar_index,yloc=yloc.belowbar)
first_time_signal := true
if nT3Average <= ok_to_sell and nT3Average_2 >= overbought
last_signal := -1
label.new(bar_index,close,'Short',color=color.rgb(175, 55, 95),style = label.style_label_down,xloc=xloc.bar_index,yloc=yloc.abovebar,textcolor=color.rgb(10,10,10))
first_time_signal := true
I want to delay 5 seconds for my LONG & SHORT entries.
for example,
if the "longCondition" is true at 12:00:00, I want to execute LONG entry at 12:00:05
the same for Short entry: if the "shortCondition" is true at 12:00:00, I want to execute SHORT entry at 12:00:05
Can anyone help me, please?
//#version=5
strategy('My Strategy', overlay=true)
// Indicators
shortSMA = ta.sma(close, 10)
longSMA = ta.sma(close, 30)
rsi = ta.rsi(close, 14)
// Conditions
longCondition = ta.crossover(shortSMA, longSMA) and (rsi > 50)
shortCondition = ta.crossunder(shortSMA, longSMA) and (rsi < 50)
/// LONG
strategy.entry("long", strategy.long, when=longCondition, comment="Entry Long") //## How can i delay 5 seconds for this entry ???
strategy.close("long", when=shortCondition, comment = "Exit Long")
/// SHORT
strategy.entry("short", strategy.short, when = shortCondition, comment="Entry Short") //## How can i delay 5 seconds for this entry ???
strategy.close("short", when=longCondition, comment="Exit Short")
I'm working on a TradingView script (Pine) and i'm trying to use my Daily-bar strategy on the 5-minute chart. To do this, I need to basically only check conditions once per day.
I can do this by having a boolean variable such as dailyCheck = false and set it to true when I run that code and then reset it on a new day.
Does anyone know how to go about doing this? From what I read in the pine manual it says you can get unix time...but I don't know how to work with this and I can't print anything except numbers in the form of plot, so I can't figure out how to tell when a new day has started. Thanks in advance!
Version 1
There are lots of ways to detect a change of day. The Session and time information User Manual page shows a few.
I like detecting a change in the dayofweek or dayofmonth built-in variables:
//#version=4
study("Once per Day")
var dailyTaskDone = false
newDay = change(dayofweek)
doOncePerDay = rising(close, 2) // Your condition here.
dailyTaskDone := doOncePerDay or (dailyTaskDone and not newDay)
plotchar(newDay, "newDay", "▼", location.top, transp = 60)
plotchar(doOncePerDay, "doOncePerDay", "•", location.top, transp = 0)
bgcolor(dailyTaskDone ? color.orange : na)
Version 2
Following Michel's comment, this uses a more robust detection of the day change:
//#version=4
study("Once per Day")
var dailyTaskDone = false
newDay = change(time("D"))
doOncePerDay = rising(close, 2) // Your condition here.
dailyTaskDone := doOncePerDay or (dailyTaskDone and not newDay)
plotchar(newDay, "newDay", "▼", location.top, transp = 60)
plotchar(doOncePerDay, "doOncePerDay", "•", location.top, transp = 0)
bgcolor(dailyTaskDone ? color.orange : na)
And for the OP, a v3 version:
//#version=3
study("Once per Day v3")
dailyTaskDone = false
newDay = change(time("D"))
doOncePerDay = rising(close, 2) // Your condition here.
dailyTaskDone := doOncePerDay or (dailyTaskDone[1] and not newDay)
plotchar(newDay, "newDay", "▼", location.top, transp = 60)
plotchar(doOncePerDay, "doOncePerDay", "•", location.top, transp = 0)
bgcolor(dailyTaskDone ? orange : na)
I want to indicate historical trades in tradingview charts via a script based on information on time and price for entry and close.
My best idea is to search through "time" to find matches for entry and close, and then change the background color according to short or long position or draw a horizontal line. However, this seems not optimal. Any suggestions?
I'd implement that in the next way:
//#version=3
strategy("Background changing", overlay=true)
NONE = 0
LONG = 1000
SHORT = -1000
position = NONE
position := nz(position[1], NONE)
longCondition = crossover(sma(close, 14), sma(close, 28))
if (longCondition)
strategy.entry("LongEntryId", strategy.long)
position := LONG
if (close < high[1])
strategy.close("LongEntryId")
position := NONE
getColor(state) =>
state == LONG ? green :
state == SHORT ? red :
white
bgcolor(color=getColor(position))
Or you can put arrows to the chart:
//#version=3
study("My Script", overlay=true)
order = 0
if time >= timestamp(2018, 1, 10, 0, 0)
order := 1
if time == timestamp(2018, 1, 17, 0, 0)
order := -1
plotarrow(order)