USDCAD 4h Indicator

Strategy + Indicator

Make your personal Alert for the entry!
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study(title="USDCAD 4h", shorttitle="uc4h", overlay=true)

fastl = security(tickerid, "240", sma(close, 8))
slowl = security(tickerid, "240", sma(close, 57))
tpl = input(title="Take profit", type=integer, defval=2080)
sll = input(title="Stop loss", type=integer, defval=1650)
fasts = security(tickerid, "240", sma(close, 40))
slows = security(tickerid, "240", sma(close, 102))
tps = input(title="Take profit", type=integer, defval=920)
sls = input(title="Stop loss", type=integer, defval=550)
c = 100000 //contract size

buy = cross(fastl,slowl) and fastl>slowl and close
sell = cross(fasts,slows) and fasts<slows and close
long = (buy*close? buy*close : na)
short = (sell*close? sell*close : na)

plot(fastl, color=silver, trackprice=false, title="8", transp=100)
plot(slowl, color=gray, trackprice=false, title="57", transp=100)
plot(fasts, color=silver, trackprice=false, title="40", transp=100)
plot(slows, color=gray, trackprice=false, title="102", transp=100)

plotshape(long, "Alert Buy", shape.triangleup, location.belowbar, black, offset=0, text="buy", size=size.auto)
plotshape(short, "Alert Sell", shape.triangledown, location.abovebar, black, offset=0, text="sell", size=size.auto)

entrybuy = security(tickerid, "60", long)
plot(entrybuy, "Buy price", style=linebr, linewidth=3, color=blue, trackprice=false)
entrysell = security(tickerid, "60", short)
plot(entrysell, "Sell price", style=linebr, linewidth=3, color=red, trackprice=false)

tpbuy = long + tpl/c
tpbb = security(tickerid, "60", tpbuy)
plot(tpbb, "Long Take", style=linebr, linewidth=3, color=green, trackprice=false)
slbuy = long - sll/c
slbb = security(tickerid, "60", slbuy)
plot(slbb, "Long Stop", style=linebr, linewidth=3, color=fuchsia, trackprice=false)

tpsell = short - tps/c
tpss = security(tickerid, "60", tpsell)
plot(tpss, "Short Take", style=linebr, linewidth=3, color=green, trackprice=false)
slsell = short + sls/c
slss = security(tickerid, "60", slsell)
plot(slss, "Short Stop", style=linebr, linewidth=3, color=fuchsia, trackprice=false)
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