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- // This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
- // © B_L_A_C_K_S_C_O_R_P_I_O_N
- // v 1.1
- //@version=5
- strategy('Omar Edited WF', overlay=true, pyramiding=0, currency=currency.USD, default_qty_type=strategy.percent_of_equity, initial_capital=1000, default_qty_value=20, commission_type=strategy.commission.percent, commission_value=0.01)
- // *************Appearance*************
- theme = input.string(defval='dark', options=['light', 'dark'], group='Appearance')
- show_fractals = input.bool(false, 'Show Fractals', group='Appearance')
- show_ema = input.bool(false, 'Show EMAs', group='Appearance')
- // *************colors*************
- color_green = color.green
- color_red = color.red
- color_yellow = color.yellow
- color_orange = color.orange
- color_blue = color.blue
- color_white = color.white
- // *************WF*************
- // Define "n" as the number of periods and keep a minimum value of 2 for error handling.
- n = input.int(title='Fractal Periods', defval=2, minval=2, group='Williams Fractals')
- // UpFractal
- bool upflagDownFrontier = true
- bool upflagUpFrontier0 = true
- bool upflagUpFrontier1 = true
- bool upflagUpFrontier2 = true
- bool upflagUpFrontier3 = true
- bool upflagUpFrontier4 = true
- for i = 1 to n by 1
- upflagDownFrontier := upflagDownFrontier and high[n - i] < high[n]
- upflagUpFrontier0 := upflagUpFrontier0 and high[n + i] < high[n]
- upflagUpFrontier1 := upflagUpFrontier1 and high[n + 1] <= high[n] and high[n + i + 1] < high[n]
- upflagUpFrontier2 := upflagUpFrontier2 and high[n + 1] <= high[n] and high[n + 2] <= high[n] and high[n + i + 2] < high[n]
- upflagUpFrontier3 := upflagUpFrontier3 and high[n + 1] <= high[n] and high[n + 2] <= high[n] and high[n + 3] <= high[n] and high[n + i + 3] < high[n]
- upflagUpFrontier4 := upflagUpFrontier4 and high[n + 1] <= high[n] and high[n + 2] <= high[n] and high[n + 3] <= high[n] and high[n + 4] <= high[n] and high[n + i + 4] < high[n]
- upflagUpFrontier4
- flagUpFrontier = upflagUpFrontier0 or upflagUpFrontier1 or upflagUpFrontier2 or upflagUpFrontier3 or upflagUpFrontier4
- upFractal = upflagDownFrontier and flagUpFrontier
- // downFractal
- bool downflagDownFrontier = true
- bool downflagUpFrontier0 = true
- bool downflagUpFrontier1 = true
- bool downflagUpFrontier2 = true
- bool downflagUpFrontier3 = true
- bool downflagUpFrontier4 = true
- for i = 1 to n by 1
- downflagDownFrontier := downflagDownFrontier and low[n - i] > low[n]
- downflagUpFrontier0 := downflagUpFrontier0 and low[n + i] > low[n]
- downflagUpFrontier1 := downflagUpFrontier1 and low[n + 1] >= low[n] and low[n + i + 1] > low[n]
- downflagUpFrontier2 := downflagUpFrontier2 and low[n + 1] >= low[n] and low[n + 2] >= low[n] and low[n + i + 2] > low[n]
- downflagUpFrontier3 := downflagUpFrontier3 and low[n + 1] >= low[n] and low[n + 2] >= low[n] and low[n + 3] >= low[n] and low[n + i + 3] > low[n]
- downflagUpFrontier4 := downflagUpFrontier4 and low[n + 1] >= low[n] and low[n + 2] >= low[n] and low[n + 3] >= low[n] and low[n + 4] >= low[n] and low[n + i + 4] > low[n]
- downflagUpFrontier4
- flagDownFrontier = downflagUpFrontier0 or downflagUpFrontier1 or downflagUpFrontier2 or downflagUpFrontier3 or downflagUpFrontier4
- downFractal = downflagDownFrontier and flagDownFrontier
- // plotshape(downFractal and show_fractals, style=shape.triangleup, location=location.belowbar, offset=-n, color=color_green)
- // plotshape(upFractal and show_fractals, style=shape.triangledown, location=location.abovebar, offset=-n, color=color_red)
- // *************EMA*************
- len_a = input.int(20, minval=1, title='EMA A Length', group='Moving Averages', inline="a")
- src_a = input.source(close, title='Source', group='Moving Averages', inline="a")
- out_a = ta.ema(src_a, len_a)
- plot(show_ema ? out_a : na, title='EMA A', color=color_green)
- len_b = input.int(50, minval=1, title='EMA B Length', group='Moving Averages', inline="b")
- src_b = input.source(close, title='Source', group='Moving Averages', inline="b")
- out_b = ta.ema(src_b, len_b)
- ema_b_color = theme == 'dark' ? color_yellow : color_orange
- plot(show_ema ? out_b : na, title='EMA B', color=ema_b_color)
- len_c = input.int(100, minval=1, title='EMA C Length', group='Moving Averages', inline="c")
- src_c = input.source(close, title='Source', group='Moving Averages', inline="c")
- out_c = ta.ema(src_c, len_c)
- ema_c_color = theme == 'dark' ? color_white : color_blue
- plot(show_ema ? out_c : na, title='EMA C', color=ema_c_color)
- // *************RSI*************
- res = input.timeframe(title="Timeframe", defval="15", group='RSI')
- len = input.int(14, minval=1, title='Length', group='RSI', inline='rsi')
- src = input.source(close, 'Source', group='RSI', inline='rsi', tooltip='3m chart => RSI in 5m\n5m chart => RSI in 15m\n15m chart => RSI in 45m\n1H chart => RSI in 4H\n4H chart => RSI in 1D\n>1D chart => RSI Auto')
- RSIFunc(len, src) =>
- up = ta.rma(math.max(ta.change(src), 0), len)
- down = ta.rma(-math.min(ta.change(src), 0), len)
- RSI = ta.rsi(src, len)
- RSI
- NormalRsi = RSIFunc(len, src)
- rsi = request.security(syminfo.tickerid, res, NormalRsi)
- // *************Calculation*************
- long = out_a > out_b and out_a > out_c and downFractal and low[2] > out_c and rsi[2] < rsi
- // short = (out_a < out_b) and (out_a < out_c) and upFractal and high[2] < out_c and rsi[2] > rsi
- // plotshape(long, style=shape.labelup, color=color_green, location=location.belowbar, title='long label', text='L', textcolor=color_white)
- // plotshape(short, style=shape.labeldown, color=color_red, location=location.abovebar, title="short label", text= "S", textcolor=color_white)
- // *************End of Signals calculation*************
- // Make inputs that set the take profit % (optional)
- longProfitPerc = input.float(title='Long Take Profit (%)', minval=0.0, step=0.1, defval=1.5, group='Orders') * 0.01
- // shortProfitPerc = input(title="Short Take Profit (%)",
- // type=input.float, minval=0.0, step=0.1, defval=0.5, group="Orders") * 0.01
- // Figure out take profit price
- longExitPrice = strategy.position_avg_price * (1 + longProfitPerc)
- // shortExitPrice = strategy.position_avg_price * (1 - shortProfitPerc)
- // Plot take profit values for confirmation
- // plot(series=strategy.position_size > 0 ? longExitPrice : na, color=color_green, style=plot.style_circles, linewidth=1, title='Long Take Profit')
- // plot(series=(strategy.position_size < 0) ? shortExitPrice : na,
- // color=color_green, style=plot.style_circles,
- // linewidth=1, title="Short Take Profit")
- // Submit entry orders
- if long and strategy.opentrades == 0
- strategy.entry(id='🟢', direction=strategy.long)
- // if (short and strategy.opentrades == 0)
- // strategy.entry(id="Short", long=false)
- // Set stop loss level with input options (optional)
- longLossPerc = input.float(title='Long Stop Loss (%)', minval=0.0, step=0.1, defval=3.1, group='Orders') * 0.01
- // shortLossPerc = input(title="Short Stop Loss (%)",
- // type=input.float, minval=0.0, step=0.1, defval=3.1, group="Orders") * 0.01
- // Determine stop loss price
- longStopPrice = strategy.position_avg_price * (1 - longLossPerc)
- // shortStopPrice = strategy.position_avg_price * (1 + shortLossPerc)
- // Plot stop loss values for confirmation
- // plot(series=strategy.position_size > 0 ? longStopPrice : na, color=color_red, style=plot.style_cross, linewidth=1, title='Long Stop Loss')
- // plot(series=(strategy.position_size < 0) ? shortStopPrice : na,
- // color=color_red, style=plot.style_cross,
- // linewidth=1, title="Short Stop Loss")
- // Submit exit orders based on calculated stop loss price
- if strategy.position_size > 0
- strategy.exit(id='🔴', limit=longExitPrice, stop=longStopPrice)
- // if (strategy.position_size < 0)
- // strategy.exit(id="ExS", limit=shortExitPrice, stop=shortStopPrice)
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