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Deepseek Pinescript 20250418 2221cc

The document is a Pine Script code for a trading indicator called 'Non-Repainting Scalping Master'. It utilizes RSI, moving averages, and ATR to generate buy and sell signals while ensuring non-repainting behavior. The script includes risk management features such as stop loss and take profit calculations.

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XT ZALIM
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274 views2 pages

Deepseek Pinescript 20250418 2221cc

The document is a Pine Script code for a trading indicator called 'Non-Repainting Scalping Master'. It utilizes RSI, moving averages, and ATR to generate buy and sell signals while ensuring non-repainting behavior. The script includes risk management features such as stop loss and take profit calculations.

Uploaded by

XT ZALIM
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
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//@version=5

indicator("Non-Repainting Scalping Master", overlay=true, max_bars_back=1000,


max_lines_count=500)

// —————— Inputs ———————


rsiLength = input.int(13, "RSI Length", minval=1)
rsiOverbought = input.int(65, "Overbought Level", minval=50, maxval=90)
rsiOversold = input.int(35, "Oversold Level", minval=10, maxval=50)
maLength = input.int(21, "MA Length", minval=1)
atrLength = input.int(14, "ATR Length", minval=1)
atrMultiplier = input.float(2.0, "ATR Multiplier", step=0.1)

// —————— Non-Repainting Logic ———————


var label lastLongLabel = na
var label lastShortLabel = na
var float lastUpperBand = na
var float lastLowerBand = na

// —————— Calculations (confirmed bar only) ———————


ma = ta.sma(close, maLength)
atrValue = ta.atr(atrLength)
upperBand = ma + (atrValue * atrMultiplier)
lowerBand = ma - (atrValue * atrMultiplier)

// Store confirmed values


if ta.barstate.isconfirmed
lastUpperBand := upperBand
lastLowerBand := lowerBand

// —————— Signal Conditions (confirmed bars only) ———————


rsiValue = ta.rsi(close, rsiLength)
bullishSignal = ta.crossover(close, lastLowerBand) and rsiValue < rsiOversold
bearishSignal = ta.crossunder(close, lastUpperBand) and rsiValue > rsiOverbought

// —————— Plotting (non-repainting) ———————


plot(ma, "MA", color.new(#2962FF, 0))
plot(lastUpperBand, "Upper Band", color.new(#FF6D00, 0))
plot(lastLowerBand, "Lower Band", color.new(#00C853, 0))

// —————— Signal Arrows (non-repainting) ———————


if ta.barstate.isconfirmed
if bullishSignal
lastLongLabel := label.new(bar_index, low, "BUY",
style=label.style_label_up, color=#00C853, textcolor=color.white,
yloc=yloc.belowbar)
if bearishSignal
lastShortLabel := label.new(bar_index, high, "SELL",
style=label.style_label_down, color=#FF1744, textcolor=color.white,
yloc=yloc.abovebar)

// —————— Alerts (trigger on close) ———————


alertcondition(bullishSignal and ta.barstate.isconfirmed, "Long Entry", "Bullish
Entry Signal")
alertcondition(bearishSignal and ta.barstate.isconfirmed, "Short Entry", "Bearish
Entry Signal")

// —————— Risk Management ———————


stopLoss = atrValue * 1.5
takeProfit = atrValue * 2.5
if bullishSignal and ta.barstate.isconfirmed
line.new(bar_index, close - stopLoss, bar_index + 1, close - stopLoss,
color=color.red, width=2)
line.new(bar_index, close + takeProfit, bar_index + 1, close + takeProfit,
color=color.green, width=2)

if bearishSignal and ta.barstate.isconfirmed


line.new(bar_index, close + stopLoss, bar_index + 1, close + stopLoss,
color=color.red, width=2)
line.new(bar_index, close - takeProfit, bar_index + 1, close - takeProfit,
color=color.green, width=2)

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