Pine script for trading alerts

Job Description:

Pine script for strategy testing with alerts for automated trading and trailing stop loss

Inputs

1. Fast moving average length

2. Slow moving average length

3. Take profit risk to reward ratio

4. Trailing take profit toggle on / off

5. Trailing take profit %

Indicators

Fast smoothed moving average with selectable period (F-SMMA)

Slow smoothed moving average with selectable period (S-SMMA)

Long Trade entry condition 1

1.1 F-SMMA above S-SMMA

1.2 Price opens above F-SMMA and closes higher than open

1.3 Enter on open of next candle

1.4 Set stop loss at last swing low candle close, not wick

1.5 Set take profit at pre-set risk to reward ratio

1.6 Trailing take profit to pre-set %

1.7 Close trade on above point 5 / 6

1.8 Stop trades until price crosses F-SMMA

Long Trade entry condition 2

2.1 F-SMMA below S-SMMA

2.2 Price moves through F-SMMA and S-SMMA, next candle opens higher than S-SMMA and closes higher than open

2.3 Enter on open of next candle

2.4 Set stop loss at last swing low candle close, not wick

2.5 Set take profit at pre-set risk to reward ratio

2.6 Trailing take profit to pre-set %

2.7 Close trade on above point 5 / 6

2.8 Stop trades until price crosses F-SMMA

Short Trade entry condition 1

3.1 F-SMMA below S-SMMA

3.2 Price opens below F-SMMA and closes lower than open

3.3 Enter on open of next candle

3.4 Set stop loss at last swing high candle close, not wick

3.5 Set take profit at pre-set risk to reward ratio

3.6 Trailing take profit to pre-set %

3.7 Close trade on above point 5 / 6

3.8 Stop trades until price crosses F-SMMA

Short Trade entry condition 2

4.1 F-SMMA above S-SMMA

4.2 Price moves through F-SMMA and S-SMMA, next candle opens lower than S-SMMA and closes lower than open

4.3 Enter on open of next candle

4.4 Set stop loss at last swing high candle close, not wick

4.5 Set take profit at pre-set risk to reward ratio

4.6 Trailing take profit to pre-set %

4.7 Close trade on above point 5 / 6

4.8 Stop trades until price crosses F-SMMA

Alerts

Open long trade alert for 1.3 and 2.3

Close long trade alert for 1.7 and 2.7

Open short trade for 3.3 and 4.3

Close short trade for 3.7 and 4.7

Plots

Fast smoothed moving average

Slow smoothed moving average

Open long trade alert for 1.3 and 2.3

Close long trade alert for 1.7 and 2.7

Open short trade for 3.3 and 4.3

Close short trade for 3.7 and 4.7

Aptitudini: Pine Script, Trading

ID Proiect: #35740728