Pinescript for TradingView for Indicator&Strategy

Pinescript for TradingView for Indicator&Strategy

I'd like to develop a Pinscript for an Indicator that I'm interested in. It is an indicator that shows investment level vs. action of the Nasdaq. The indicator is a market timing indicator. It has a series of buy rules and sell rules, and buys incrementally more as the market goes up (pyramiding) and sells incrementally when the market goes down

The model has over 10 buy rules and 14 sell rules. Together these rules are triggered according to market condition (Nasdaq Composite) -basically everything is looking at highs, lows, and some moving averages. There are thresholds for each rule, and some conditional factors that may let a rule trigger. The rules then manage an exposure level of between zero up to 7. Probably one of the most difficult aspects of the model is counting the amount of selling in the NASDAQ for the last 25 days.

Similar to the Market Navigator, the Market Navigator Oscillator turns the methodology taught in Market School by Investors Business Daily into an easy-to-use indicator, but in a more condensed form. The Market Navigator Oscillator plots all of the same information as the original Market Navigator, but keeps your main chart clear. This system follows a strict set of rules to help gauge when it's time to increase market exposure or back away. The indicator considers 24 different buy and sell …