// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/ // © yashp1334 //@version=4 n1 = input(10, "Channel Length") n2 = input(21, "Average Length") obLevel1 = input(60, "Over Bought Level 1") obLevel2 = input(53, "Over Bought Level 2") osLevel1 = input(-60, "Over Sold Level 1") osLevel2 = input(-53, "Over Sold Level 2") ap = hlc3 esa = ema(ap, n1) d = ema(abs(ap - esa), n1) ci = (ap - esa) / (0.015 * d) tci = ema(ci, n2) wt1 = tci wt2 = sma(wt1,4) plot(0, color=color.gray) plot(obLevel1, color=color.red) plot(osLevel1, color=color.green) plot(obLevel2, color=color.red) plot(osLevel2, color=color.green) plot(wt1, color=color.green) plot(wt2, color=color.red) plot(wt1-wt2, color=color.blue, transp=80) //Strategy strategy(title="Wave Trend Strategy", overlay=false, default_qty_value=1, initial_capital=1000, currency=currency.USD) buySignal = crossover(wt1, wt2) sellSignal = crossunder(wt1, wt2) //INTRADAY s=input(title="INTRA DAY TRADE SESSION",type=input.session,defval="0915-1450") st=time(timeframe.period,s) e=input(title="END SESSION",type=input.session,defval="1515-1520") et=time(timeframe.period,e) quant=input(title="Trade Quantity",defval=1) //adding stoploss and target option ut=input(defval=false,title="USE TARGET") us=input(defval=false,title="USE STOPLOSS") tar=input(defval=10.0,title="TARGET IN RS") stop=input(defval=7.0,title="STOP LOSS IN RS") tar:=tar/syminfo.mintick stop:=stop/syminfo.mintick //setting automated alerts required by apibridge lxse="TYPE: LX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) sxle="TYPE: SX" + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) + " :TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) le="TYPE:LE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) lx="TYPE:LX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) se="TYPE:SE " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) sx="TYPE:SX " + " :SYMBOL: " + syminfo.ticker + " :QTY: " + tostring(quant) if(buySignal and st and strategy.position_size==0) strategy.entry("BUY",strategy.long,comment=le) if(sellSignal and st and strategy.position_size==0) strategy.entry("SELL",strategy.short,comment=se) if(buySignal and st and strategy.position_size!=0) strategy.entry("BUY",strategy.long,comment=sxle) if(sellSignal and st and strategy.position_size!=0) strategy.entry("SELL",strategy.short,comment=lxse) if(ut==true and us==false) strategy.exit(id="LX",from_entry="BUY",profit=tar,comment=lx) strategy.exit(id="SX",from_entry="SELL",profit=tar,comment=sx) if(us==true and ut==false) strategy.exit(id="LX",from_entry="BUY",loss=stop,comment=lx) strategy.exit(id="SX",from_entry="SELL",loss=stop,comment=sx) if(ut==true and us==true) strategy.exit(id="LX",from_entry="BUY",profit=tar,loss=stop,comment=lx) strategy.exit(id="SX",from_entry="SELL",profit=tar,loss=stop,comment=sx) strategy.close(id="BUY",when=et,comment=lx) strategy.close(id="SELL",when=et,comment=sx)