Those variables are just booleans that returns true or false if the current bar is confirmed closed or not, the only time I see a usage for those variables are in indicators when looking at real time data (I have for example used them in this indicator For a detailed look at the using If this post saved you time and effort, please consider support the site! Please read the original post again and the link you supplied and you will notice that barstate.isconfirmed will not solve this issue. I know this isn't as sexy as detachable windows, but anyone who develops strategies knows how important this is. This title will now remain constant, until you click into the strategy and the latest version number will be shown. if (t_close > y_open) and (t_open = 2018) and (t_close > t_open) and (y_open > y_close)Is it possible to get data from an indicator plotted on another time frame , lets say a sell signal plotted on the 6H time-frame and use it for direction on the 15m time-frame ? If anyone tests this with the stop on the entry or sees a reason why this won't work please let me know so I can factor that in too. Thanks a lot for your explanation. In a simple strategy I am working on, I buy when the MACD indicator crosses bullish and trail a stop below swing lows. USD, initial_capital=100, default_qty_type=strategy TradingView add-on. Renko charts are designed to filter out minor price movements to make it easier for traders to focus on important trends and price action.
The other option is to backtest on the 1-minute chart but import your MACD from an upper timeframe. I also have a strategy that buys/sells at market close. Sept 20, 2019 and this feature is still not implemented yet :( With process_orders_on_close it do all operations on close no matter what. But there is time I want to know this.. We'll take it into account!
Obviously I can't get accurate back testing on TV without this feature. )You will see that only the purple text actually changes between the two. Tradingview’s “study” and “strategy” scripts behave quite differently, when backtesting the “strategy” and try to match the behavior of the “study” script.. First thing what is different is the missing support for all startegy.xyz functions in a “study” script. Tradingview: strategy.close(), strategy.close_all() Vs strategy.exit() Today’s tutorial comes straight from a readers suggestion. Don’t forget you can control + click (or command + click for Mac users) on any function whilst in the Pine editor to bring up the relevant info. After all, it wouldn’t be much of a tutorial if this article just regurgitated the documentation and told you how to read it! Unfortunately I can not see how those will help. Yes, it would be great if you can add such a feature! A configurable trailing-stop and stop-loss is being used to exit an open position. The problem with TOS back testing is you can't pyramid unless you want to write your own strategy performance tester which I have started based on someone else's code but haven't finished. The only thing you have to do is to set a real condition, besides that it is not pseudocode.
Indeed, feature "buy ... this bar on close" is not possible in Pine at the moment. Then when you cross below on the one minute chart, you can close it. Where are we at on this topic? There is another tutorial on the site that covers this. If it should close instantly after breaking that stop level, what do you think could be wrong with my code to make it wait for the candle closing? TradingView team will consider this request for a future improvement. We then compare the results between the two we can see that If you are a little lost reading the above paragraph, don’t worry too much. In many swing strategies you want to make an entry in the closing call if a condition is met right before the close. Support this site by clicking the referral link before you sign up! If I would have designed it I would probably not make it a bool but rather something like this:
I totally feel your pain on this one. Or buy on next open and then sell on close. The key to all this is to simply understand that the Wednesday order is never closed by our As we can see in the first example, we only ever close a Monday position. If you for example in Multicharts or Tradestation want to program a strategy where you buy on the close on this bar and sell on the next days open you can do it in this way:
Conversely, in the second example, both positions are closed at the end of the week.Now we can switch to using close_all().
I have a code and it is triggering an alert on the graph for back testing and all I want to do is adjust my entry.