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Strategy vault / Trend following

Moving Average Cross Alert Multi Timeframe MTF

See when two moving averages cross. With the option to choose between four moving average calculations: SMA = simple moving average EMA = exponential moving average (default) WMA = weighted moving average Linear =…

Author
ChaoZhang
Complexity
Intermediate · 94 lines
Parameters
6
Backtest bar
15m · intraday
Tested on
BTC/USDT · futures

See when two moving averages cross. With the option to choose between four moving average calculations:

SMA = simple moving average EMA = exponential moving average (default) WMA = weighted moving average Linear = linear regression

The moving averages can be plotted from different time-frames, like e.g. the weekly or 4 hour time-frame using HL2 , HLC3 or OHLC4 as price source for the calculation. In addition there is a background color alert and arrows when the moving averages cross each other when the price also rises or falls. And the moving averages are colored depending on their trend direction (if they are trending up or down).

backtest

IMG

Parameters

NameDefaultWhat it controls
v_input_1_close0Price Source For The Moving Averages: close | high | low | open | hl2 | hlc3 | hlcc4 | ohlc4
v_input_2trueUse Current Timeframe As Resolution?
v_input_3WUse Different Timeframe? Then Uncheck The Box Above
v_input_450Short Period Moving Average
v_input_5100Long Period Moving Average
v_input_62Moving Average Calculation: (1 = SMA), (2 = EMA), (3 = WMA), (4 = Linear)

Source Pine Script

/*backtest
start: 2022-04-23 00:00:00
end: 2022-05-22 23:59:00
period: 15m
basePeriod: 5m
exchanges: [{"eid":"Futures_Binance","currency":"BTC_USDT"}]
*/

study("Moving Average Cross Alert, Multi-Timeframe Option (MTF) (by ChartArt)", shorttitle="CA_-_MA_cross", overlay=true)

// ChartArt's Moving Average Cross Indicator
//
// Version 1.0
// Idea by ChartArt on September 15, 2015.
//
// This indicator shows when two moving averages cross.
// With the option to choose between four moving
// average calculations:
// (SMA = simple moving average)
// (EMA = exponential moving average)
// (WMA = weighted moving average)
// (Linear = Linear regression)
//
// The moving averages can be plotted from different
// timeframes, like the weekly or 4 hour timeframe.
// With the possibility to use HL2, HLC3 or OHLC4 prices.
// 
// In addition there is a background color alert
// and arrows when the moving averages cross each other.
// And the moving averages are colored depending if
// they are trending up or down.
//
// List of my work: 
// https://www.tradingview.com/u/ChartArt/

//@version=4
// Multi-timeframe and price input
pricetype = input(close, title="Price Source For The Moving Averages")
useCurrentRes = input(true, title="Use Current Timeframe As Resolution?")
resCustom = input(title="Use Different Timeframe? Then Uncheck The Box Above", defval="W")
res = useCurrentRes ? timeframe.period : resCustom
price = security(syminfo.tickerid, res, pricetype)

// MA period input
shortperiod = input(50, title="Short Period Moving Average")
longperiod = input(100, title="Long Period Moving Average")

// MA calculation
smoothinput = input(2, minval=1, maxval=4, title='Moving Average Calculation: (1 = SMA), (2 = EMA), (3 = WMA), (4 = Linear)')
short = smoothinput == 1 ? sma(price, shortperiod) :
   smoothinput == 2 ? ema(price, shortperiod) :
   smoothinput == 3 ? wma(price, shortperiod) :
   smoothinput == 4 ? linreg(price, shortperiod,0) :
   na
long = smoothinput == 1 ? sma(price, longperiod) :
   smoothinput == 2 ? ema(price, longperiod) :
   smoothinput == 3 ? wma(price, longperiod) :
   smoothinput == 4 ? linreg(price, longperiod,0) :
   na

// MA trend direction color
shortcolor = short > short[1] ? lime : short < short[1] ? red : blue
longcolor = long > long[1] ? lime : long < long[1] ? red : blue

// MA output
MA1 = plot(short, title="Short Period Moving Average", style=linebr, linewidth=2, color=shortcolor)
MA2 = plot(long, title="Long Period Moving Average", style=linebr, linewidth=4, color=longcolor)
fill(MA1, MA2, color=silver, transp=50)

// MA trend bar color
TrendingUp() => short > long 
TrendingDown() => short < long 
barcolor(TrendingUp() ? green : TrendingDown() ? red : blue)

// MA cross alert
MAcrossing = cross(short, long) ? short : na
plot(MAcrossing, style = cross, linewidth = 4,color=black)

// MA cross background color alert
Uptrend() => TrendingUp() and TrendingDown()[1]
Downtrend() => TrendingDown() and TrendingUp()[1]
bgcolor(Uptrend() ? green : Downtrend() ? red : na,transp=50)

// Buy and sell alert
Buy = Uptrend() and close > close[1]
Sell = Downtrend() and close < close[1]
plotshape(Buy, color=black, style=shape.arrowup, text="Buy", location=location.bottom)
plotshape(Sell, color=black, style=shape.arrowdown, text="Sell", location=location.top)


if Buy
    strategy.entry("Enter Long", strategy.long)
else if Sell
    strategy.entry("Enter Short", strategy.short)

Published by ChaoZhang on the FMZ strategy square · last modified 2022-05-24. Collected in the Quant Trading Vault. Unvalidated research: re-test with your own data and costs before trusting it.

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