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This document contains a TradingView script that implements a technical analysis strategy using various indicators such as Kijun, EMA, SMA, and Bollinger Bands. It includes conditions for generating buy and sell alerts based on candle patterns and EMA interactions. The script also plots daily open, close, high, and low lines for intraday trading analysis.

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mogsreddy1984
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© © All Rights Reserved
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Download as TXT, PDF, TXT or read online on Scribd
2 views

mycode

This document contains a TradingView script that implements a technical analysis strategy using various indicators such as Kijun, EMA, SMA, and Bollinger Bands. It includes conditions for generating buy and sell alerts based on candle patterns and EMA interactions. The script also plots daily open, close, high, and low lines for intraday trading analysis.

Uploaded by

mogsreddy1984
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version =2

study(title="MD open close high Kijun-ema bb dolcha", shorttitle="MD-Ma ",


overlay=true)

Length = input(34, minval=1)


Trigger = input(6, minval=1),

donchian(len) => avg(lowest(len), highest(len))

conversionLine = donchian(Trigger)
baseLine = donchian(Length)
leadLine1 = avg(conversionLine, baseLine)

kjuncol = conversionLine > baseLine ? blue : conversionLine < baseLine ? red :


orange

plot(baseLine, color=kjuncol,linewidth=2,transp=5, title="Base Line")

almatrend = alma(baseLine, 34, 0.9, 6)

plot(almatrend,transp=15)
// stratergy from Robert N. 030615
// previous day close and high low , todays open excellent for intraday trading

odl = input(true, title="Open Daily Line")


dopen = security(tickerid, 'D', open)
dcolor = close < dopen ? red : green
plot(odl and dopen ? dopen :na , title="Daily_Open",style=circles, color=dcolor,
linewidth=2)

cdl = input(true, title="Previous Closing Daily Line")


dclose = security(tickerid, 'D', close[1])
dhigh =security(tickerid, 'D', high[1])
dlow=security(tickerid, 'D', low[1])
dcolor2 = close < dclose ? red : green
plot(cdl and dclose ? dclose :na , title="Daily_Close",style=circles,
color=dcolor2, linewidth=2)
plot(cdl and dhigh ? dhigh :na , title="Daily_High",style=circles, color= blue,
linewidth=1)
plot(cdl and dlow ? dlow :na , title="Daily_Low",style=circles, color= fuchsia ,
linewidth=1)
//programmed by Maheswarra Reddy
dropn(src, n) =>
na(src[n]) ? na : src

src = input(close, type=source, title="Source")

length1 = input(5, title="EMA-5 period", minval=1)


length2 = input(34, title="EMA-34 period", minval=1)
length3 = input(200, title="EMA-200 period", minval=1)
vwapval = vwap(close)
sma20 = input(20, title="SMA period", minval=1)
sma8 = input(8, title="SMA period", minval=1)
// User-defined length for EMA
// Calculate the EMA with the user-defined length
emaValue = ema(close, length1)

// Condition 1 for Sell Alert: Candle 1 closes above EMA and low of the candle is >
EMA
sell_candle1_condition = (close[1] > emaValue[1]) and (low[1] > emaValue[1])

// Condition 2 for Sell Alert: Next candle (Candle 2) is red, its low touches EMA,
and its close is below the open of Candle 1
sell_candle2_condition = (close < open) and (low <= emaValue) and (close < close[1]
or(close<open[1]))

// Sell Alert condition: Candle 1 meets the first condition and Candle 2 meets the
second condition
sell_alert_condition = sell_candle1_condition and sell_candle2_condition

// Condition 1 for Buy Alert: Candle 1 closes below EMA and high of the candle is <
EMA
buy_candle1_condition = (close[1] < emaValue[1]) and (high[1] < emaValue[1])

// Condition 2 for Buy Alert: Next candle (Candle 2) is green, its high touches
EMA, and its close is above the open of Candle 1
buy_candle2_condition = (close > open) and (high >= emaValue) and (close > close[1]
or (close>open[1]))

// Buy Alert condition: Candle 1 meets the first condition and Candle 2 meets the
second condition
buy_alert_condition = buy_candle1_condition and buy_candle2_condition

// Plot the EMA with the user-defined length


plot(emaValue, title="EMA", color=blue)

// Plot shapes for visual reference

plotshape(series=sell_alert_condition, location=location.abovebar, color=red,


style=shape.arrowdown, text="Alert")

plotshape(series=buy_alert_condition, location=location.belowbar, color=green,


style=shape.arrowup, text="Alert")

// Sell Alert message


alertcondition(sell_alert_condition, title="Alert", message="Sell Alert: Candle 1
closed above EMA and its low is > EMA. Next candle is red, touches EMA, and closes
below the open of Candle 1.")

// Buy Alert message


alertcondition(buy_alert_condition, title="Alert", message="Buy Alert: Candle 1
closed below EMA and its high is < EMA. Next candle is green, touches EMA, and
closes above the open of Candle 1.")

dropCandles = input(1, minval=0, title="Drop first N candles")

price = dropn(src, dropCandles)


plot(vwapval,title="vwap", color = #dfa343, transp=0, linewidth=2)
plot(ema(price, length1), title="EMA-5", color=#3a25af, transp=0, linewidth=1)
plot(ema(price, length2), title="EMA-34", color=#ca1212, transp=0, linewidth=2)
plot(ema(price, length3), title="EMA-200", color=#35f3f7, transp=0, linewidth=1)
plot(sma(price, sma20), title="SMA20", color=#5abb5e, transp=0, linewidth=1)
plot(sma(price, sma8), title="SMA8", color=#32a637, transp=0, linewidth=1)

length = input(20, title="BB", minval=1)

mult = input(1.5, minval=0.001, maxval=10, step=0.1)


basis = sma(src, length)
dev = mult * stdev(src, length)
upper = basis + dev
lower = basis - dev

//plot(basis, title="Middle band", color=#2db4aa) //sma


p1a = plot(upper, title="Upper Band", color=#021d1b)
p1b = plot(lower, title="Lower Band", color=#011312)

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