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Hi
Can you develop a quite complex price action strategy in pine script, with automation capabilities ?
The Strategy we would like to write with pine-script is using :
- 4 indicators (WMA, EMA, SMMA, Higher Highs Lower Lows Live or TDH)
- And is divided in 10 instructions Loops for trading LONGS ...
plus the same 10 instructions Loops (reversed) for trading SHORTS. (see attached)
Here is an example of one instructions loop (this one is quite complex) so you can
have an idea of the amount of work it implies and send me a quotation.
Regards,
LOOP 7B
- - - - - - - - -
Condition : WMA is above SMMA and EMA is above SMMA
1 - When a Candle open and close above SMMA with a wick that touches SMMA, we open a LONG position at market price
The Stoploss is set to (and follows) SMMA.
After 3 candles have been closed above EMA, we switch the Stoploss to (and follow) EMA
When the Stoploss is triggered goto Loop 7A
2 - As soon as a Candle opens below SMMA, we place a Stop-Market Order that follows SMMA
When this order gets filled, the Stoploss is set on the Low of Candle before.
After 3 candles have been closed above EMA, we switch the Stoploss to follow EMA
When the Stoploss is triggered goto Loop 8A
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bis 2 Tag(e)