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Attachments: RSI 50 X Scalping System
Exit Attachments

RSI 50 X Scalping System

"I'm using ATR , Look Back For High/Lows Candles to find SL & TP"
For what is atr if you look for high low candles for sl tp?


Quoting mr.smil3
{quote} Stuff done, created simple Strategy Backtest Script in TV. (I'm using ATR , Look Back For High/Lows Candles to find SL & TP) Seem good winrate with date range 01-Mar -> Now, totomagic! (But date range of backtest is very limited, because i don't have a PRO+ account in TV) Reference video: https://youtu.be/Cvy04iK_Yto {image} {image} {image} {image}
Vucking good EA coder...
Quoting pelagiusz
{quote} Jesus,but what do you mean? Will you be mentally unstable if you don't find out right away? read carefully because there is information, come back from work and watch the video easy. What a mindset xDD {image}
Wait, who are you again? 😂
Quoting mr.smil3
{quote} {quote} I'm forked original indicator script to easy follow this logic, hope this helps. {image} {file}
Hello,

I'm new with tradingview. Does this script alerts when cross happens? Does it look for cross and alert on all pair I have in watch list or just one that is open on chart?

Thank you!
Quoting Outcast918
{quote} but I would just like to know on the method you SL and TP
Quoting reteid2222
"I'm using ATR , Look Back For High/Lows Candles to find SL & TP" For what is atr if you look for high low candles for sl tp? {quote}
Hey, I demonstrated how to achieve SL & TP in my backtest
Maybe, use minimum value of two method (entry price or lookback Lows & Highs) is best choice
Attached Image(s) (click to enlarge)
Click to Enlarge Name: SL_TP_Sample_EntryPrice.png Size: 73 KB
Click to Enlarge Name: SL_TP_Sample_LookBack.png Size: 75 KB
Quoting Eagle-Eye
{quote} Hello, I'm new with tradingview. Does this script alerts when cross happens? Does it look for cross and alert on all pair I have in watch list or just one that is open on chart? Thank you!
1. No, you must setup alert condition in TV
(See images sample)

2. Just one , you need to setup alert each of pair
Attached Image (click to enlarge)
Click to Enlarge Name: TV_Alert.png Size: 38 KB
Quoting mr.smil3
{quote} 1. No, you must setup alert condition in TV (See images sample) 2. Just one , you need to setup alert each of pair {image}
Hello,

I can confirm that the indicator repaints, but its awesome if we can get the original one it have the cross over detection with the vertical lines.

Original Indicator script that's suggested by OP

-------
study("Multi Timeframe RSI", shorttitle="MTF_RSI")
len = input(14, title="Length", type=integer)
src = input(close, title="Source", type=source)
show5m = input(true, title="show 5m", type=bool)
show15m = input(true, title="show 15m", type=bool)
show30m = input(true, title="show 30m", type=bool)
show1h = input(true, title="show 1h", type=bool)
show2h = input(true, title="show 2h", type=bool)
show4h = input(true, title="show 4h", type=bool)
show1D = input(true, title="show 1D", type=bool)

rsiCurrent = rsi(src,len)
rsi5m = security(ticker,"5",rsi(src,len))
rsi15m = security(ticker,"15",rsi(src,len))
rsi30m = security(ticker,"30",rsi(src,len))
rsi1h = security(ticker,"60",rsi(src,len))
rsi2h = security(ticker,"120",rsi(src,len))
rsi4h = security(ticker,"240",rsi(src,len))
rsi1D = security(ticker,"D",rsi(src,len))

plot(rsiCurrent, color=red, title="RSI current")

plot(show5m ? rsi5m : na, color=interval < 5 and not isdaily and not isweekly and not ismonthly ? #aaaaaa : na, title="RSI 5m")
plot(show15m ? rsi15m : na, color=interval < 15 and not isdaily and not isweekly and not ismonthly ? #999999 : na, title="RSI 15m")
plot(show30m ? rsi30m : na, color=interval < 30 and not isdaily and not isweekly and not ismonthly ? #888888 : na, title="RSI 30m")
plot(show1h ? rsi1h : na, color=interval < 60 and not isdaily and not isweekly and not ismonthly ? #777777 : na, title="RSI 1h")
plot(show2h ? rsi2h : na, color=interval < 120 and not isdaily and not isweekly and not ismonthly ? #666666 : na, title="RSI 2h")
plot(show4h ? rsi4h : na, color=interval < 240 and not isdaily and not isweekly and not ismonthly ? #555555 : na, title="RSI 4h")
plot(show1D ? rsi1D : na, color=not isdaily and not isweekly and not ismonthly ? #444444 : na, title="RSI 1D")
Quoting mr.smil3
{quote} {quote} I'm forked original indicator script to easy follow this logic, hope this helps. {image} {file}
you're a legend brother! This is exactly what I was trying to do..i'm not great with coding haha

the signal appears one bar after signal which is perfect, and i'm not noticing any repainting. This works well and really appreciate your work.
oh, i am experiencing some repainting on some of the signals ...but not everyone..wonder why
Quoting mr.smil3
{quote} 1. No, you must setup alert condition in TV (See images sample) 2. Just one , you need to setup alert each of pair {image}
I think the difference is coding with gaps or without gaps


The 'Gaps' setting specifies the behavior when the indicator's timeframe is higher than the chart's. When 'Gaps' is checked, higher timeframe values only come in and are interconnected on the chart when the higher timeframe completes. For example, an indicator with "1 hour" as its timeframe displayed on a minute chart will only return a value once in 60 bars, i.e., when the hourly bar closes and the value is confirmed. This has the advantage of avoiding repainting in real-time. The values will be visually connected by a line, but no data will be actually present between them.
If 'Gaps' is unchecked, historical gaps are filled with the last returned value. On real-time bars, the last available value will be returned on every tick, allowing you to track the real-time development of the indicator's values. With this setting enabled, the indicator will produce non-repainting values on historical bars, but repainting values in real time.
If you want to enable the MTF functionality for your custom Pin
The indicator has horizontal lines where you only know these values at the end of the horizontal line... so it looks maybe good in past but it is a repainter naturally...
The strategy is interesting because simply to code...
So I replaced the M5 rsi14 with rsi42; 42=3*14... for me the only way to remove the repainting!

Quoting mr.smil3
{quote} warning: this indicator is repainting. none repainting version required some tweaks. eg: alert only after 15candle closed
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 42 KB
Vucking good EA coder...
Quoting reteid2222
The indicator has horizontal lines where you only know these values at the end of the horizontal line... so it looks maybe good in past but it is a repainter naturally... The strategy is interesting because simply to code... So I replaced the M5 rsi14 with rsi42; 42=3*14... for me the only way to remove the repainting! {quote} {image}
end of the horizontal line is the end of the 15M incriment...your pics are in between these periods...has to be on 12:00 12:15 12:30 12:45 etc...
go back and check manually 5M then 15M..signals hold up


this is what it looks like on the charts in respective time..

5M chart regular rsicrosses 50 at 13:00
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 27 KB



15M chart regular rsi crosses 50 at 13:00 (15M incriment)
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 24 KB


strong signal
Quoting reteid2222
The indicator has horizontal lines where you only know these values at the end of the horizontal line... so it looks maybe good in past but it is a repainter naturally... The strategy is interesting because simply to code... So I replaced the M5 rsi14 with rsi42; 42=3*14... for me the only way to remove the repainting! {quote} {image}
Is this OK?
Quoting Eagle-Eye
{quote} Is this OK?
It s a commom method I took on for example M5 to plot the EMA period 10 of M5, M15, M30 and H1 to take the EMA of 3*10, 6*10 and 12*10 to get a non repainting indicator... it looks not 100% same but nearly and in my way the best possibility to get a chance to code and see 100% the historical data on chart...
Vucking good EA coder...
  • Post #215
  • Quote
  • Edited Mar 17, 2023 3:35am Mar 16, 2023 4:15am | Edited Mar 17, 2023 3:35am
if these signals are confirmed, then you can use the attached indicator (see latest version) for mt5 if you wish

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 12 KB
Hello Everyone,

I am trying to work on a fix for the repainting.
some more signals?

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB
Quoting niks
some more signals? {image}
Brother the cross needs to happen at 15min intervals, eg: 12:00, 12:15, 12:30, 12:45
Quoting Outcast918
{quote} Brother the cross needs to happen at 15min intervals, eg: 12:00, 12:15, 12:30, 12:45
please, look more carefully. the line is for illustration only, not to provide you with a signal service, try it for yourself if you have mt5, it will solve your "repaint" issue whatever that is
Quoting niks
{quote} please, look more carefully. the line is for illustration only, not to provide you with a signal service, try it for yourself if you have mt5, it will solve your "repaint" issue whatever that is
I am going to pay a developer on upwork to fix the pinescript and I'll upload it here
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