Senpai_Strat_3 — Strategy by senpai

Binary Option --- Only for Range Trade (1 minute Frame)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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//@version=2
//Based on Senpai BO 3
strategy(title="Senpai_Strat_3", shorttitle="Senpai_Strat_3", overlay=false, default_qty_type=strategy.percent_of_equity, default_qty_value=100)
src = close

//psar
start = input(0.02)
increment = input(0.02)
maximum = input(0.2)
psar = sar(start, increment, maximum)


//ADX Init
adxlen = input(30, title="ADX Smoothing")	
dilen = input(30, title="DI Length")	
dirmov(len) =>	
	up = change(high)
	down = -change(low)
	truerange = rma(tr, len)
	plus = fixnan(100 * rma(up > down and up > 0 ? up : 0, len) / truerange)
	minus = fixnan(100 * rma(down > up and down > 0 ? down : 0, len) / truerange)
	[plus, minus]
	
adx(dilen, adxlen) => 	
	[plus, minus] = dirmov(dilen)
	sum = plus + minus
	adx = 100 * rma(abs(plus - minus) / (sum == 0 ? 1 : sum), adxlen)
	[adx, plus, minus]
	
[sig, up, down] = adx(dilen, adxlen)	


// BB Init
source = close
length = input(50, minval=1)
mult = input(0.5, title="Mult Factor", minval=0.001, maxval=50)
alertLevel=input(0.1)
impulseLevel=input(0.75)
showRange = input(false, type=bool)


//RSI CODE
up1 = rma(max(change(src), 0), 14)
down1 = rma(-min(change(src), 0), 14)
rsi = down1 == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up1 / down1))


//BB CODE
basis = sma(source, length)
dev = mult * stdev(source, length)
upper = basis + dev
lower = basis - dev
bbr = source>upper?(((source-upper)/(upper-lower))/10): source<lower?(((source-lower)/(upper-lower))/10) : 0.05
bbi = bbr - nz(bbr[1]) 

//////////////////// Algo

//if (rsi>50 and n1>n2)
   //strategy.exit("Close", "Short")
  // strategy.entry("Long", strategy.long)
//if (rsi<50 and n2>n1)
   //strategy.exit("Close", "Long")
//   strategy.entry("Short", strategy.short)

//col = ma30 > ma50 > ma200 and rsi <=53?lime: ma50 < ma200  and rsi >= 60?red : silver
//short1 =  sig<18.5 and high>=upper and rsi>=70 and psar<close = 100%
//long1 = sig<18.5 and low<=lower and rsi<=30 and psar>close = 100%
short1 =  sig<18.5 and high>=upper and rsi>=70 and psar<close
long1 = sig<18.5 and low<=lower and rsi<=30 and psar>close

//Entry

long = long1[1] == 0 and long1 == 1
short = short1[1] == 0 and short1 == 1
longclose = long[3] == 1
shortclose = short[3] == 1
strategy.entry("short", strategy.short,qty = 10,oca_type = strategy.oca.cancel, when=short)
strategy.entry("long", strategy.long,qty=10,oca_type = strategy.oca.cancel, when=long)
strategy.close("long",when=longclose)
strategy.close("short",when=shortclose)



/////////////////////
///PLOT

plot(long,"long",color=green,linewidth=1)
plot(short,"short",color=red,linewidth=1)
plot(longclose,"close",color=blue,linewidth=1)
plot(shortclose,"close",color=orange,linewidth=1)


//plot(short,"short",color=red,linewidth=1)
//

//strategy.exit(id="long",qty = 100000,when=longclose)
//strategy.exit(id="short",qty = 100000,when=shortclose)

//strategy.exit(id="Stop", profit = 20, loss = 100)