This strategy combines the Heikin Ashi candlesticks and the SuperTrend indicator into a trend following strategy with trailing stop loss. It uses Heikin Ashi to filter out market noise and SuperTrend to determine the trend direction, while taking SuperTrend as a dynamic stop loss line to efficiently track the trend and control risks.
This strategy combines the strengths of Heikin Ashi and SuperTrend to identify trend directions and automatically trail the trend with dynamic stop loss to lock in profits. Main risks come from trend reversal and parameter tuning. Further optimizations on these two aspects can improve strategy performance. Overall this strategy demonstrates how indicator integration can enhance stability and profitability of trading systems.
/*backtest start: 2024-01-06 00:00:00 end: 2024-02-05 00:00:00 period: 4h basePeriod: 15m exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}] */ // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © ringashish //@version=4 strategy("sa-strategy with HTF-TSL", overlay=true) Pd = input(title="ATR Period", type=input.integer, defval=4) Factor = input(title="ATR Multiplier", type=input.float, step=0.1, defval=2) ST= supertrend(Factor, Pd) heikinashi_close = security(heikinashi(syminfo.tickerid), timeframe.period, close) heikinashi_low = security(heikinashi(syminfo.tickerid), timeframe.period, low) heikinashi_open = security(heikinashi(syminfo.tickerid), timeframe.period, open) heikinashi_high = security(heikinashi(syminfo.tickerid), timeframe.period, high) heikinashi_close30 = security(heikinashi(syminfo.tickerid), "30", close) //res1 = input("30", type=input.resolution, title="higher Timeframe") //CCI TSL res = input("240",type=input.resolution,title = "Higher Time Frame") CCI = input(20) ATR = input(5) Multiplier=input(1,title='ATR Multiplier') original=input(false,title='original coloring') thisCCI = cci(close, CCI) lastCCI = nz(thisCCI[1]) calcx()=> bufferDn= high + Multiplier * sma(tr,ATR) bufferUp= low - Multiplier * sma(tr,ATR) if (thisCCI >= 0 and lastCCI < 0) bufferUp := bufferDn[1] if (thisCCI <= 0 and lastCCI > 0) bufferDn := bufferUp[1] if (thisCCI >= 0) if (bufferUp < bufferUp[1]) bufferUp := bufferUp[1] else if (thisCCI <= 0) if (bufferDn > bufferDn[1]) bufferDn := bufferDn[1] x = 0.0 x := thisCCI >= 0 ?bufferUp:thisCCI <= 0 ?bufferDn:x[1] x tempx = calcx() calcswap() => swap = 0.0 swap := tempx>tempx[1]?1:tempx<tempx[1]?-1:swap[1] swap tempswap = calcswap() swap2=tempswap==1?color.blue:color.orange swap3=thisCCI >=0 ?color.blue:color.orange swap4=original?swap3:swap2 //display current timeframe's Trend plot(tempx,"CTF",color=swap4,transp=0,linewidth=2, style = plot.style_stepline) htfx = security(syminfo.tickerid,res,tempx[1],lookahead = barmerge.lookahead_on) htfswap4 = security(syminfo.tickerid,res,swap4[1],lookahead = barmerge.lookahead_on) plot(htfx,"HTF",color=htfswap4,transp=0,linewidth=3,style = plot.style_stepline) //supertrend Supertrend(Factor, Pd) => Up=hl2-(Factor*atr(Pd)) Dn=hl2+(Factor*atr(Pd)) TrendUp = 0.0 TrendUp := heikinashi_close[1]>TrendUp[1] ? max(Up,TrendUp[1]) : Up TrendDown = 0.0 TrendDown := heikinashi_close[1]<TrendDown[1]? min(Dn,TrendDown[1]) : Dn Trend = 0.0 Trend := heikinashi_close > TrendDown[1] ? 1: heikinashi_close< TrendUp[1]? -1: nz(Trend[1],1) Tsl = Trend==1? TrendUp: TrendDown S_Buy = Trend == 1 ? 1 : 0 S_Sell = Trend != 1 ? 1 : 0 [Trend, Tsl] [Trend,Tsl] = Supertrend(Factor, Pd) // Security //ST1_Trend_MTF = security(syminfo.tickerid, res1, Tsl,barmerge.lookahead_on) //plot(ST1_Trend_MTF, "higher ST") crossdn = crossunder(heikinashi_close,Tsl) or crossunder(heikinashi_close[1],Tsl) or crossunder(heikinashi_close[2],Tsl) or heikinashi_close < Tsl crossup = crossover(heikinashi_close,Tsl) or crossover(heikinashi_close[1],Tsl) or crossover(heikinashi_close[2],Tsl) or heikinashi_close > Tsl plot(Tsl,"ST",color = color.black,linewidth =2) plot(ema(heikinashi_close,20),"EMA 20",color=color.red) plot(hma(heikinashi_close,15),"HMA 15",color=color.green) plot(ema(heikinashi_close,15),"EMA 15",color=color.black) closedown = (heikinashi_close < hma(heikinashi_close,15) and heikinashi_high > hma(heikinashi_close,15)) or(heikinashi_close < ema(heikinashi_close,20) and heikinashi_high > ema(heikinashi_close,20)) closeup = (heikinashi_close > hma(heikinashi_close,15) and heikinashi_low < hma(heikinashi_close,15)) or (heikinashi_close > ema(heikinashi_close,20) and heikinashi_low < ema(heikinashi_close,20)) buy = heikinashi_open == heikinashi_low and closeup and crossup and close > htfx //buy = heikinashi_open == heikinashi_low and heikinashi_close > ema(close,20) and heikinashi_low < ema(close,20) and crossup buyexit = cross(close,tempx) //heikinashi_open == heikinashi_high //and heikinashi_close < ema(close,15) and heikinashi_high > ema(close,15) //if heikinashi_close30[1] < ST1_Trend_MTF //sell = heikinashi_open == heikinashi_high and heikinashi_close < ema(close,20) and heikinashi_high > ema(close,20) and rsi(close,14)<60 and crossdn sell = heikinashi_open == heikinashi_high and closedown and rsi(close,14)<55 and crossdn and close < htfx sellexit = cross(close,tempx) //heikinashi_open == heikinashi_low //and heikinashi_close > ema(close,15) and heikinashi_low < ema(close,15) rg = 0 rg := buy ? 1 : buyexit ? 2 : nz(rg[1]) longLogic = rg != rg[1] and rg == 1 longExit = rg != rg[1] and rg == 2 //plotshape(longExit,"exit buy",style = shape.arrowup,location = location.belowbar,color = color.red, text ="buy exit", textcolor = color.red) //plotshape(longLogic,"BUY",style = shape.arrowup,location = location.belowbar,color = color.green, text ="buy", textcolor= color.green) nm = 0 nm := sell ? 1 : sellexit ? 2 : nz(nm[1]) shortLogic = nm != nm[1] and nm == 1 shortExit = nm != nm[1] and nm == 2 //plotshape(shortExit,"exit sell",style = shape.arrowup,location = location.belowbar,color = color.red, text ="sell exit", textcolor = color.red) //plotshape(shortLogic,"SELL",style = shape.arrowup,location = location.belowbar,color = color.green, text ="sell", textcolor= color.green) //Exit at particular time ExitHour = input(title="Exit Hour Of Day", type=input.integer, defval=15, step = 5, maxval = 24, minval = 0) ExitMint = input(title="Exit Minute Of Day", type=input.integer, defval=15, step = 5, maxval = 24, minval = 0) bgc = input(title="Highlight Background Color?", type=input.bool, defval=true) mRound(num,rem) => (floor(num/rem)*rem) exitTime = (hour(time) >= ExitHour and (minute == mRound(ExitMint, timeframe.multiplier))) ? 1 : 0 exitTime := exitTime == 0 ? (hour(time) >= ExitHour and (minute + timeframe.multiplier >= ExitMint)) ? 1 : 0 : exitTime MarketClose = exitTime and not exitTime[1] alertcondition(exitTime and not exitTime[1], title="Intraday Session Close Time", message="Close All Positions") bgcolor(exitTime and not exitTime[1] and bgc ? #445566 : na, transp =40) longCondition = longLogic if (longCondition) strategy.entry("long", strategy.long) shortCondition = shortLogic if (shortCondition) strategy.entry("short", strategy.short) strategy.close("short", when =cross(close,tempx) or MarketClose) strategy.close( "long", when =cross(close,tempx) or MarketClose )template: strategy.tpl:40:21: executing "strategy.tpl" at <.api.GetStrategyListByName>: wrong number of args for GetStrategyListByName: want 7 got 6