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Implement BTCUSDT Pro Strategy in README by rbcanirudha20011-ux · Pull Request #80 · pinecoders/pinecoders.github.io · GitHub

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Implement BTCUSDT Pro Strategy in README #80

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Implement BTCUSDT Pro Strategy in README #80

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56 changes: 46 additions & 10 deletions coding_conventions/README.md
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@@ -1,13 +1,49 @@
<!-- Global site tag (gtag.js) - Google Analytics -->
<script async src="https://www.googletagmanager.com/gtag/js?id=UA-147975914-1"></script>
<script>
window.dataLayer = window.dataLayer || [];
function gtag(){dataLayer.push(arguments);}
gtag('js', new Date());
//@version=5
strategy("BTCUSDT Pro Strategy Clean", overlay=true, initial_capital=10000, commission_type=strategy.commission.percent, commission_value=0.04)

gtag('config', 'UA-147975914-1');
</script>
// Inputs
useLong = input.bool(true, title="Enable LONG Trades")
useShort = input.bool(true, title="Enable SHORT Trades")
qty = input.float(0.5, "Trade Quantity (BTC)", step=0.1)

[<img src="https://www.pinecoders.com/images/PineCodersLong.png">](https://www.pinecoders.com/)
tpPerc = input.float(1.5, "Take Profit %", step=0.1)
slPerc = input.float(0.8, "Stop Loss %", step=0.1)
trailPerc = input.float(0.6, "Trailing Stop %", step=0.1)

Our original Pine Script Coding Conventions now live in the [Style guide](https://www.tradingview.com/pine-script-docs/en/v5/writing/Style_guide.html) page of the Pine User Manual.
// Indicators
ema20 = ta.ema(close, 20)
ema50 = ta.ema(close, 50)
rsi = ta.rsi(close, 14)

plot(ema20, "EMA20", color=color.green)
plot(ema50, "EMA50", color=color.red)

// Conditions
longCondition = ema20 > ema50 and rsi > 50 and ta.crossover(close, ema20)
shortCondition = ema20 < ema50 and rsi < 50 and ta.crossunder(close, ema20)

// LONG ENTRY
if (longCondition and useLong)
strategy.entry("BUY", strategy.long, qty)

// LONG EXIT with TP, SL, Trailing
if (strategy.position_size > 0)
long_sl = strategy.position_avg_price * (1 - slPerc/100)
long_tp = strategy.position_avg_price * (1 + tpPerc/100)
trail_offset = strategy.position_avg_price * (trailPerc/100)
strategy.exit("LONG EXIT", "BUY", stop=long_sl, limit=long_tp, trail_offset=trail_offset)

// SHORT ENTRY
if (shortCondition and useShort)
strategy.entry("SELL", strategy.short, qty)

// SHORT EXIT with TP, SL, Trailing
if (strategy.position_size < 0)
short_sl = strategy.position_avg_price * (1 + slPerc/100)
short_tp = strategy.position_avg_price * (1 - tpPerc/100)
trail_offset = strategy.position_avg_price * (trailPerc/100)
strategy.exit("SHORT EXIT", "SELL", stop=short_sl, limit=short_tp, trail_offset=trail_offset)

// Alerts
alertcondition(longCondition, title="BUY Alert", message="BTCUSDT BUY Signal!")
alertcondition(shortCondition, title="SELL Alert", message="BTCUSDT SELL Signal!")
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