All Moving Averages and Features Built In To ONE Indicator. The Only Moving Average Indicator You Will Need. Details In 1st Post.
//Created by user ChrisMoody 4-24-2014 //Plots The Majority of Moving Averages //Defaults to Current Chart Time Frame --- But Can Be Changed to Higher Or Lower Time Frames //2nd MA Capability with Show Crosses Feature study(title="CM_Ultimate_MA_MTF", shorttitle="CM_Ultimate_MA_MTF", overlay=true) //inputs src = close useCurrentRes = input(true, title="Use Current Chart Resolution?") resCustom = input(title="Use Different Timeframe? Uncheck Box Above", type=resolution, defval="D") len = input(20, title="Moving Average Length - LookBack Period") atype = input(1,minval=1,maxval=7,title="1=SMA, 2=EMA, 3=WMA, 4=HullMA, 5=VWMA, 6=RMA, 7=TEMA") cc = input(true,title="Change Color Based On Direction?") smoothe = input(2, minval=1, maxval=10, title="Color Smoothing - 1 = No Smoothing") doma2 = input(false, title="Optional 2nd Moving Average") len2 = input(50, title="Moving Average Length - Optional 2nd MA") atype2 = input(1,minval=1,maxval=7,title="1=SMA, 2=EMA, 3=WMA, 4=HullMA, 5=VWMA, 6=RMA, 7=TEMA") cc2 = input(true,title="Change Color Based On Direction 2nd MA?") warn = input(false, title="***You Can Turn On The Show Dots Parameter Below Without Plotting 2nd MA to See Crosses***") warn2 = input(false, title="***If Using Cross Feature W/O Plotting 2ndMA - Make Sure 2ndMA Parameters are Set Correctly***") sd = input(false, title="Show Dots on Cross of Both MA's") res = useCurrentRes ? period : resCustom //hull ma definition hullma = wma(2*wma(src, len/2)-wma(src, len), round(sqrt(len))) //TEMA definition ema1 = ema(src, len) ema2 = ema(ema1, len) ema3 = ema(ema2, len) tema = 3 * (ema1 - ema2) + ema3 avg = atype == 1 ? sma(src,len) : atype == 2 ? ema(src,len) : atype == 3 ? wma(src,len) : atype == 4 ? hullma : atype == 5 ? vwma(src, len) : atype == 6 ? rma(src,len) : tema //2nd Ma - hull ma definition hullma2 = wma(2*wma(src, len2/2)-wma(src, len2), round(sqrt(len2))) //2nd MA TEMA definition sema1 = ema(src, len2) sema2 = ema(sema1, len2) sema3 = ema(sema2, len2) stema = 3 * (sema1 - sema2) + sema3 avg2 = atype2 == 1 ? sma(src,len2) : atype2 == 2 ? ema(src,len2) : atype2 == 3 ? wma(src,len2) : atype2 == 4 ? hullma2 : atype2 == 5 ? vwma(src, len2) : atype2 == 6 ? rma(src,len2) : tema out = avg out_two = avg2 out1 = security(tickerid, res, out) out2 = security(tickerid, res, out_two) ma_up = out1 >= out1[smoothe] ma_down = out1 < out1[smoothe] col = cc ? ma_up ? lime : ma_down ? red : aqua : aqua col2 = cc2 ? ma_up ? lime : ma_down ? red : aqua : aqua circleYPosition = out2 plot(out1, title="Multi-Timeframe Moving Avg", style=line, linewidth=4, color = col) plot(doma2 and out2 ? out2 : na, title="2nd Multi-TimeFrame Moving Average", style=circles, linewidth=4, color=col2) plot(sd and cross(out1, out2) ? circleYPosition : na,style=cross, linewidth=5, color=yellow)
Need to set alert "buy" on green and alert "sell" on red color of the signal, thank you in advance.
BTW, How is it possible to add the 3rd multi time frame line in this script? thank you.
strategy.entry("long", true, 1, when = ma_up)
strategy.exit("exit", "long", when = ma_down)
However, when I backtest the strategy enters at the beginning of the backtest and leaves that trade open until the end. From the signals in the chart I see there should have been many trades happening, so there must be something wrong with my script. Can anyone help me? Im sorry if this is a stupid questions, I only started using pine last week and I have searched through the pine documentation but still couldnt see whats wrong in the script.
thanks
You mention "Details In 1st Post.", can you please point where I can find this, scrolled this page but could not figure out.
Thanks for your help.
Regards,
Pramodh
Could I get the mq4 file?
I do not know how to code it
Could you please add Monthly timeframe to it?
Thank you in advance.