Converted EmperorBTC's EMA crossover indicator for easy backtesting and added ability to:
Specify time period for backtesting
Specify order quantity
Toggle original indicators (default off)
Quoting EmperorBTC: Entry is to be made when the 1. Cross over gives a P(Positive Sign) and the candle completely closes above the cross-over 2. When the Heikin Ashi turns green and the next green HA candle goes above the previous green HA candle. 3. The price should be at-least above the 0.236 Level from the Swing high.
Kindly note that the strategy only attempts to do check number 1, where it ensures the entry opens above the cross-over.
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Updated to Pine Script v4 and implemented more checks before buying/selling:
Candle closes above / below the cross
Candle closes above 0.236 Fib / below 0.764 Fib from the most recent swing high / swing low
Next Heikin Ashi candle is green / red
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Updated formula for pivot points
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Missed out a line to comment out for alert
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Simplified backtest range input
Alternate background color for signals instead of using floating shapes
Remove order quantity input, can be done via TradingView's in-built strategy properties which are much more robust
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Left the old floating shapes commented out in case anyone prefers them