200 ema trading strategy code#

Plot Avg = MovingAverage(averageType, Value, MACDLength) ĭiff.SetPaintingStrategy(PaintingStrategy.HISTOGRAM) ĭiff.DefineColor(“Positive and Up”, Color.GREEN) ĭiff.DefineColor(“Positive and Down”, Color.DARK_GREEN) ĭiff.DefineColor(“Negative and Down”, Color.RED) ĭiff.DefineColor(“Negative and Up”, Color.DARK_RED) ĭiff.AssignValueColor(if Diff >= 0 then if Diff > Diff then lor(“Positive and Up”) else lor(“Positive and Down”) else if Diff Avg Plot Value = MovingAverage(averageType, close, fastLength) – MovingAverage(averageType, close, slowLength) Input averageType = AverageType.EXPONENTIAL Plotshape(labeled or not macdenabler ? na : sellmacd, style = iangledown, size = size.small, location = location.abovebar, color = color.red, title = 'MACD Sell')Īlertcondition(buymacd or sellmacd, title = 'MACD Strategy', message = 'MACD signal was generated on ') Plotshape(labeled or not macdenabler ? na : buymacd, style = iangleup, size = size.small, location = location.belowbar, color = color.red, title = 'MACD Buy') Plotshape(labeled and macdenabler ? sellmacd :na, style = iangledown, size = size.small, location = location.abovebar, color = color.red, title = 'MACD Sell L', text = 'MACD') Plotshape(labeled and macdenabler ? buymacd :na, style = iangleup, size = size.small, location = location.belowbar, color = color.red, title = 'MACD Buy L', text = 'MACD') Signal_length = 9 //input(title='Signal Smoothing', type=input.integer, minval = 1, maxval = 50, defval = 9)īuymacd = crossover (macd, signal) and low > trendma and macd 0 Srcmacd = close //input(title='Source', type=input.source, defval=close) Slow_length = 26 //input(title='Slow Length', type=input.integer, defval=26) Macdenabler = input(title='Enable MACD ? ', type=input.bool, defval=true)įast_length = 12 //input(title='Fast Length', type=input.integer, defval=12) Plot(trend ? trendma : na, title = '200 EA', color=color.black, linewidth = 3) Indicators = input(title='Display indicators', type=input.bool, defval=false) Labeled = input(title='Display strategy name with signals', type=input.bool, defval=true) Trend = input(title='Display 200 EA', type=input.bool, defval=false)

200 ema trading strategy code#

Source code Rush Signals & Alerts', shorttitle='Trading RUSH', overlay = true) Link to the list of strategies he’s tested 100 times. Link to his video for a better understanding on the strategy. Picture of Indicator on Trading View Today In Real Time. I was wondering if anyone can convert the code from pinescript to thinkscript so I can set alerts on thinkorswim?īelow is a picture of the strategy and links for more information: The source code is public so I pasted it below. I was able to find the strategy coded on trading view. Only short entries if MACD crosses below the signal line from ABOVE the zero line.Only long entries if MACD crosses above the signal line from BENEATH the zero line.He’s tested over 50 strategies on Trading View over the years and to this day, the MACD 200 EMA strategy has been #1 in terms of winning percentage.

I found this strategy on the Trading Rush channel. I have been successful paper trading this strategy for some time now and I can actually vouch for it, it’s been profitable for me.