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January 31, 2018 08:44
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Tradeview Pinescript to visualize ProfitTrailer EMASPREAD and SMASPREAD strategy.
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| //@version=3 | |
| study(title="EMA and SMA Spread", shorttitle="EMASMASPREAD", overlay=false) | |
| // Parameters | |
| param_buy_value_conservative = input(0.1) | |
| param_buy_value_moderate = input(0.5) | |
| param_buy_value_aggresive = input(0.25) | |
| param_ema_fast = input(5) | |
| param_ema_slow = input(20) | |
| param_sma_fast = input(5) | |
| param_sma_slow = input(20) | |
| // Script | |
| ema_fast = ema(close, param_ema_fast) | |
| ema_slow = ema(close, param_ema_slow) | |
| ema_spread = (ema_fast / ema_slow - 1) * 100 | |
| sma_fast = sma(close, param_sma_fast) | |
| sma_slow = sma(close, param_sma_slow) | |
| sma_spread = (sma_fast / sma_slow - 1) * 100 | |
| plot(0, color=#404040, linewidth=2, title="Zero value") | |
| plot(param_buy_value_conservative, color=green, linewidth=2, title="Buy value conservative") | |
| plot(param_buy_value_moderate, color=orange, linewidth=2, title="Buy value moderate") | |
| plot(param_buy_value_aggresive, color=red, linewidth=2, title="Buy value aggresive") | |
| plot(ema_spread, color=aqua, linewidth=3, title="EMA spread") | |
| plot(sma_spread, color=blue, linewidth=3, title="SMA spread") |
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