TSM Donchian Moving Average System_by_ucsgears

This is just the raw code for the system / strategies.

Will Complete this when I get more time.

Green - Setup Long
Red - Setup Short
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study("TSM Donchian Moving Average System", overlay = true)

a = input(20, title = "Long Period")
b = input(5, title = "Short Period")
ca = input(1, title = "Band Factor")

// Moving average
malong = sma(close,a)
mashort = sma(close,b)
range = sma(tr, a)*ca
kclupper = malong + range
kcllower = malong - range

kcsupper = mashort + range
kcslower = mashort - range

plot(malong, offset=1, title = "SMA Long")
plot(mashort, offset=1, title = "SMA Short")
plot(kclupper, offset=1, title = "KC Upper")
plot(kcllower, offset=1, title = "KC Lower")

// LONG 
setuplong = close > kclupper[1] and close > kcsupper[1] ? green : na
setupshort = close < kcllower[1] and close < kcslower[1] ? red : na


//exitlong = close < kclupper[1] and close < kcsupper[1] ? blue : na
//exitshort = close > kcllower[1] and close > kcslower[1] ? orange : na

How do you activate the Exit Long section? For some reason the short side of the code doesn't work.
ucsgears PRO mahatango747
@mahatango747, I haven't finished the exit codes. Take a stab at it, if you want to


New and improved update, with better filters.
P7 ucsgears
Thank you very much for sharing ucsgears, did you use RSI as filter this time by any chance ?
no. Its just different overlay indicators to serve the same purpose.
Looks good, this system is a steady performer
Thanks for Sharing.
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