This quantitative trading strategy primarily utilizes the crossover signals of the Parabolic SAR (PSAR) and Exponential Moving Average (EMA) indicators, combined with multiple custom conditions to generate buy and sell signals. The main idea behind the strategy is: when the PSAR breaks above the EMA from below and satisfies certain conditions, a buy signal is generated; when the PSAR falls below the EMA from above and meets certain conditions, a sell signal is generated. Additionally, the strategy sets take-profit and stop-loss levels to manage risk.
This quantitative trading strategy is based on the PSAR and EMA indicators, generating buy and sell signals through multiple custom conditions and rules. The strategy has a certain level of adaptability and flexibility while also setting take-profit and stop-loss levels to manage risk. However, there is still room for optimization in terms of parameter settings and risk control. Overall, this strategy can serve as a basic template, and with further optimization and improvements, it has the potential to become a robust trading strategy.
/*backtest start: 2024-04-01 00:00:00 end: 2024-04-30 23:59:59 period: 1h basePeriod: 15m exchanges: [{"eid":"Binance","currency":"BTC_USDT"}] */ // This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © SwapnilRaykar //@version=5 strategy("aj sir second project", overlay=true, margin_long=100, margin_short=100) start=input("0915-1515","session time") st11=time(timeframe.period,start) st=st11>0 et= not st psar=ta.sar(0.02,0.02,0.2) emared=ta.ema(close,30) //plot(psar,"psar",color.yellow,style = plot.style_cross) //plot(emared,"emared",color.red) var crodownflag=0 var croupflag=0 var igcflag=0 var ircflag=0 cdown1=ta.crossunder(psar,emared) and not (psar<close and psar[1]>close[1]) cup1=ta.crossover(psar,emared) and not (psar>close and psar[1]<close[1]) cdown=ta.crossunder(psar,emared) cup=ta.crossover(psar,emared) green_candle=close>open red_candle=close<open if ta.crossunder(psar,emared) and crodownflag==0 and not (psar<close and psar[1]>close[1]) crodownflag:=1 else if cdown and crodownflag==1 crodownflag:=0 if crodownflag==1 and green_candle and igcflag==0 igcflag:=1 else if cdown and igcflag==1 igcflag:=0 //plot(igcflag,"igcflag",color.lime) if ta.crossover(psar,emared) and croupflag==0 and not (psar>close and psar[1]<close[1]) croupflag:=1 else if cdown and croupflag==1 croupflag:=0 //plot(crodownflag,"crodownflag",color.white) irc_cond=croupflag==1 or cup if (croupflag==1 and red_candle and ircflag==0) ircflag:=1 else if cup and croupflag==1 ircflag:=0 igc_candle1=(igcflag==1 and igcflag[1]==0) or (cdown1 and green_candle) irc_candle1=(ircflag==1 and ircflag[1]==0) or (cup1 and red_candle) /////////////////////////// dm=dayofmonth(time) newday=dm!=dm[1] dmc=dm==ta.valuewhen(bar_index==last_bar_index,dm,0) /////////////////////////////////////////// var irc_there=0 if irc_candle1[1] and irc_there==0 irc_there:=1 else if cdown and irc_there==1 irc_there:=0 irc_candle=irc_candle1 and irc_there==0// and dmc var igc_there=0 if igc_candle1[1] and igc_there==0 igc_there:=1 else if cup and igc_there ==1 igc_there:=0 igc_candle=igc_candle1 and igc_there==0// and dmc /////////// to get rid of irc being valid even after crossdown var valid_igc_low=0 var valid_irc_high=0 if irc_candle[1] and valid_irc_high==0 valid_irc_high:=1 else if igc_candle and valid_irc_high==1 valid_irc_high:=0 if igc_candle and valid_igc_low==0 valid_igc_low:=1 else if irc_candle and valid_igc_low==1 valid_igc_low:=0 igc_low=ta.valuewhen(igc_candle,low,0) irc_high=ta.valuewhen(irc_candle,high,0) ////////////////////////////// //plot(irc_high,"irc_high",color.red) //plot(valid_irc_high,"valid_irc_high",color.purple) buy12=ta.crossunder(close,igc_low) and valid_igc_low==1 buy1=buy12[1] short12=ta.crossover(close,irc_high) and valid_irc_high==1 short1=short12[1] //plotshape(short12,"short12",shape.arrowdown,color=color.purple) // plotshape(igc_candle,"igc_candle",shape.arrowdown,color=color.green) // plotshape(irc_candle,"irc_candle",shape.arrowdown,color=color.red) //plotshape((psar<close and psar[1]>close[1]) ,"croup",shape.arrowdown,color=color.red) //plotshape(cup ,"croup",shape.arrowdown,color=color.orange) buyprice=ta.valuewhen(buy1 and strategy.position_size[1]==0,open,0) shortprice=ta.valuewhen(short1 and strategy.position_size[1]==0,open,0) btarget1=buyprice+(buyprice*0.08) btarget2=buyprice+(buyprice*0.16) btarget3=buyprice+(buyprice*0.32) bstoploss=buyprice-(buyprice*0.16) starget1=shortprice-(shortprice*0.08) starget2=shortprice-(shortprice*0.16) starget3=shortprice-(shortprice*0.32) sstoploss=shortprice+(shortprice*0.16) if buy12 and strategy.position_size==0 and st11 strategy.entry("buy",strategy.long) if strategy.position_size >0 strategy.exit("sell",from_entry = "buy",stop=bstoploss,limit=btarget3) if short12 and strategy.position_size==0 and st11 strategy.entry("short",strategy.short) if strategy.position_size<0 strategy.exit("cover",from_entry = "short",stop = sstoploss,limit = starget3) if et strategy.close_all(comment = "timeover") plot(strategy.position_size>0?buyprice:na,"buyprice",color.white, style=plot.style_circles ) plot(strategy.position_size>0?bstoploss:na,"bstoploss",color.red, style=plot.style_circles ) plot(strategy.position_size>0?btarget1:na,"btarget1",color.green, style=plot.style_circles ) plot(strategy.position_size>0?btarget2:na,"btarget2",color.green, style=plot.style_circles ) plot(strategy.position_size>0?btarget3:na,"btarget3",color.green, style=plot.style_circles ) plot(strategy.position_size<0?shortprice:na,"shortprice",color.white, style=plot.style_circles ) plot(strategy.position_size<0?sstoploss:na,"sstoploss",color.red, style=plot.style_circles ) plot(strategy.position_size<0?starget1:na,"starget1",color.green, style=plot.style_circles ) plot(strategy.position_size<0?starget2:na,"starget2",color.green, style=plot.style_circles ) plot(strategy.position_size<0?starget3:na,"starget3",color.green, style=plot.style_circles )template: strategy.tpl:40:21: executing "strategy.tpl" at <.api.GetStrategyListByName>: wrong number of args for GetStrategyListByName: want 7 got 6