{quote} Attached version v01 only opens position after a new candle is formed while previous responded to direct RSI level threshold position at close {file} I updated the EA to open a position only when both RSI cross at "same time" the 50 threshold level by next candle Close Maybe this one is what you're looking for ? But take care, very often RSI will cross at different moment in time and EA will reject the opening (since a "Cross" condition is a unique moment in time !) {file}
"But take care, very often RSI will cross at a different moments in time " If 30m tf chart is crossing 50 level and 15m tf chart will do this at the same time, not often But some signals during the week will happen. Example (see picture) Once the candle on 30m and 15m is crossing 50 line and close 03:00am it should open a sell position. Do i have to change anything? (see settings)
{quote} Hello! I tried v02 and no trades were executed. Did I do something wrong? " I updated the EA to open a position only when both RSI cross at "same time" the 50 threshold level by next candle Close Maybe this one is what you're looking for ?" this is exactly what i searching for !
{quote} You can play with the settings. Each TF and RSI are individually settable, however don't expect an EA to work the same as your manual touch ! RSI_ Shift_ TF1 and 2 are only there to select the Candle Close position at RSI Cross: 0 = Current, 1 = Previous Candle , etc... It surely isn't "the holy grail"as you suggested !
{quote} Okey I will play more with the setting." It surely isn't "the holy grail"as you suggested !
[/quote]
{quote} Could this indicator be modified to use on other pairs and metals?
{quote} Hello! I tried your EA again. It looks like one chart was triggered (15m) But not on 30m tf (see picture) When the clock was 10 pm it already had crossed 9.30 pm. They must cross the 50 level at same time. Is this possible to fix? Henning {image}
//@version=4
//Time Frame: H1
strategy("Pin Bar Magic v1", overlay=true)
// User Input
usr_risk = input(title="Equity Risk (%)",type=input.integer,minval=1,maxval=100,step=1,defval=3,confirm=false)
atr_mult = input(title="Stop Loss (x*ATR, Float)",type=input.float,minval=0.1,maxval=100,step=0.1,defval=0.5,confirm=false)
slPoints = input(title="Stop Loss Trail Points (Pips)",type=input.integer,minval=1,maxval=1000,step=1,defval=1,confirm=false)
slOffset = input(title="Stop Loss Trail Offset (Pips)",type=input.integer,minval=1,maxval=1000,step=1,defval=1,confirm=false)
sma_slow = input(title="Slow SMA (Period)",type=input.integer,minval=1,maxval=500,step=1,defval=50,confirm=false)
ema_medm = input(title="Medm EMA (Period)",type=input.integer,minval=1,maxval=500,step=1,defval=18,confirm=false)
ema_fast = input(title="Fast EMA (Period)",type=input.integer,minval=1,maxval=500,step=1,defval=6,confirm=false)
atr_valu = input(title="ATR (Period)",type=input.integer,minval=1,maxval=500,step=1,defval=14,confirm=false)
ent_canc = input(title="Cancel Entry After X Bars (Period)",type=input.integer,minval=1,maxval=500,step=1,defval=3,confirm=false)
// Create Indicators
slowSMA = sma(close, sma_slow)
medmEMA = ema(close, ema_medm)
fastEMA = ema(close, ema_fast)
bullishPinBar = ((close > open) and ((open - low) > 0.66 * (high - low))) or ((close < open) and ((close - low) > 0.66 * (high - low)))
bearishPinBar = ((close > open) and ((high - close) > 0.66 * (high - low))) or ((close < open) and ((high - open) > 0.66 * (high - low)))
atr = atr(atr_valu)
// Specify Trend Conditions
fanUpTrend = (fastEMA > medmEMA) and (medmEMA > slowSMA)
fanDnTrend = (fastEMA < medmEMA) and (medmEMA < slowSMA)
// Specify Piercing Conditions
bullPierce = ((low < fastEMA) and (open > fastEMA) and (close > fastEMA)) or ((low < medmEMA) and (open > medmEMA) and (close > medmEMA)) or ((low < slowSMA) and (open > slowSMA) and (close > slowSMA))
bearPierce = ((high > fastEMA) and (open < fastEMA) and (close < fastEMA)) or ((high > medmEMA) and (open < medmEMA) and (close < medmEMA)) or ((high > slowSMA) and (open < slowSMA) and (close < slowSMA))
// Specify Entry Conditions
longEntry = fanUpTrend and bullishPinBar and bullPierce
shortEntry = fanDnTrend and bearishPinBar and bearPierce
// Long Entry Function
enterlong() =>
risk = usr_risk * 0.01 * strategy.equity
stopLoss = low[1] - atr[1] * atr_mult
entryPrice = high[1]
units = risk / (entryPrice - stopLoss)
strategy.entry("long", strategy.long, units, stop=entryPrice)
strategy.exit("exit long", from_entry="long", trail_points=slPoints, trail_offset=slOffset)
// Short Entry Function
entershort() =>
risk = usr_risk * 0.01 * strategy.equity
stopLoss = high[1] + atr[1] * atr_mult
entryPrice = low[1]
units = risk / (stopLoss - entryPrice)
strategy.entry("short", strategy.short, units, stop=entryPrice)
strategy.exit("exit short", from_entry="short", trail_points=slPoints, trail_offset=slOffset)
// Execute Long Entry
if (longEntry)
enterlong()
// Execute Short Entry
if (shortEntry)
entershort()
// Cancel the Entry if Bar Time is Exceeded
strategy.cancel("long", barssince(longEntry) > ent_canc)
strategy.cancel("short", barssince(shortEntry) > ent_canc)
// Force Close During Certain Conditions
strategy.close_all(when = hour==16 and dayofweek==dayofweek.friday, comment = "exit all, market-closed")
strategy.close_all(when = crossunder(fastEMA, medmEMA), comment = "exit long, re-cross")
strategy.close_all(when = crossover(fastEMA, medmEMA), comment = "exit short, re-cross")
// Plot Moving Averages to Chart
plot(fastEMA, color=color.red)
plot(medmEMA, color=color.blue)
plot(slowSMA, color=color.green)
// Plot Pin Bars to Chart
plotshape(bullishPinBar, text='Bull PB', style=shape.labeldown, location=location.abovebar, color=color.green, textcolor=color.white, transp=0)
plotshape(bearishPinBar, text='Bear PB', style=shape.labelup, location=location.belowbar, color=color.red, textcolor=color.white, transp=0)
// Plot Days of Week
plotshape(hour==0 and dayofweek==dayofweek.monday, text='Monday', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0)
plotshape(hour==0 and dayofweek==dayofweek.tuesday, text='Tuesday', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0)
plotshape(hour==0 and dayofweek==dayofweek.wednesday, text='Wednesday', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0)
plotshape(hour==0 and dayofweek==dayofweek.thursday, text='Thursday', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0)
plotshape(hour==0 and dayofweek==dayofweek.friday, text='Friday', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0)
plotshape(hour==16 and dayofweek==dayofweek.friday, text='Market Closed', style=shape.labeldown, location=location.abovebar, color=color.black, textcolor=color.white, transp=0) //+------------------------------------------------------------------+
//| Pin Bar Magic v1|
//| THT Team|
//| 2023-04-05|
//+------------------------------------------------------------------+
#property copyright "THT Team"
#property link "https://thtteam.com/"
#property version "1.00"
#property strict
extern int usr_risk = 3; // Equity Risk (%)
extern double atr_mult = 0.5; // Stop Loss (x*ATR, Float)
extern int slPoints = 1; // Stop Loss Trail Points (Pips)
extern int slOffset = 1; // Stop Loss Trail Offset (Pips)
extern int sma_slow = 50; // Slow SMA (Period)
extern int ema_medm = 18; // Medm EMA (Period)
extern int ema_fast = 6; // Fast EMA (Period)
extern int atr_valu = 14; // ATR (Period)
extern int ent_canc = 3; // Cancel Entry After X Bars (Period)
double slowSMA;
double medmEMA;
double fastEMA;
bool bullishPinBar;
bool bearishPinBar;
double atr;
//+------------------------------------------------------------------+
//| Expert initialization function |
//+------------------------------------------------------------------+
int OnInit()
{
SetProfitMode(false);
SetMarginMode(1);
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
//| Expert deinitialization function |
//+------------------------------------------------------------------+
void OnDeinit(const int reason)
{
}
//+------------------------------------------------------------------+
//| Expert tick function |
//+------------------------------------------------------------------+
void OnTick()
{
}
//+------------------------------------------------------------------+
//| Check if market is open |
//+------------------------------------------------------------------+
bool isMarketOpen()
{
return true; // replace with your own implementation
}
//+------------------------------------------------------------------+
//| Specify Trend Conditions |
//+------------------------------------------------------------------+
bool fanUpTrend()
{
return (fastEMA > medmEMA) && (medmEMA > slowSMA);
}
bool fanDnTrend()
{
return (fastEMA < medmEMA) && (medmEMA < slowSMA);
}
//+------------------------------------------------------------------+
//| Specify Piercing Conditions |
//+------------------------------------------------------------------+
bool bullPierce()
{
return ((Low[0] < fastEMA) && (Open[0] > fastEMA) && (Close[0] > fastEMA)) ||
((Low[0] < medmEMA) && (Open[0] > medmEMA) && (Close[0] > medmEMA)) ||
((Low[0] < slowSMA) && (Open[0] > slowSMA) && (Close[0] > slowSMA));
}
bool bearPierce()
{
return ((High[0] > fastEMA) && (Open[0] < fastEMA) && (Close[0] < fastEMA)) ||
((High[0] > medmEMA) && (Open[0] < medmEMA) && (Close[0] < medmEMA)) ||
((High[0] > slowSMA) && (Open[0] < slowSMA) && (Close[0] < slowSMA));
}
//+------------------------------------------------------------------+
//| Long Entry Function |
//+------------------------------------------------------------------+
void enterlong()
{
double risk = usr_risk * 0.01 * AccountEquity();
double stopLoss = Low[1 
Hello guys. Is there any availibility to create EA from this pine script? I found this strategy on TradingView. //@version=4 //Time Frame: H1 strategy("Pin Bar Magic v1", overlay=true) // User Input usr_risk = input(title="Equity Risk (%)",type=input.integer,minval=1,maxval=100,step=1,defval=3,confirm=false) atr_mult = input(title="Stop Loss (x*ATR, Float)",type=input.float,minval=0.1,maxval=100,step=0.1,defval=0.5,confirm=false) slPoints = input(title="Stop Loss Trail Points (Pips)",type=input.integer,minval=1,maxval=1000,step=1,defval=1,confirm=false)...
