EveryDayBetter
Pine Script Master
Pine Script Master
Posts: 27
Joined: February 16th, 2022

How to replace the strategy in this 40 alert script?

Hello, I'm looking a long time ago for somebody who could help to replace the breakoutstrategy in this script with a simple pullback strategy.

Code: Select all

//@version=5
strategy("Screener 1 BreakoutFinder that works", overlay=true, max_bars_back=4000)

// General Function
f_barssince(_cond, _count) =>
    _barssince = int(math.max(1, nz(bar_index - ta.valuewhen(_cond, bar_index, _count))))
    _barssince

barssince(_cond, _count) => int(math.max(1, nz(f_barssince(_cond, _count))))
f_vw(cond, expr, count) => ta.valuewhen(cond, expr, count)

tostring(x, y)=> x + str.tostring(y)

var int dec = str.length(str.tostring(syminfo.mintick))-2

truncate(number, decimals) =>
    factor = math.pow(10, decimals)
    int(number * factor) / factor

// --------
gr1         = 'Table Style'
tabPosI     = 'Middle' //input.string('Middle', 'Table Position', ['Top', 'Middle', 'Bot'], group=gr1)
titleCol    = color.white //input.color(color.white, 'Background -- Title', '', '1', gr1)
pairCol     = color.white //input.color(color.white, 'Pair', '', '1', gr1)
textCol     = color.black //input.color(color.black, 'Text Color', group=gr1)

textSizeI   = 'Small' //input.string('Small', 'Text Size', ['Small', 'Tiny', 'Normal'], group=gr1)
textSize    = textSizeI=='Small'? size.small : textSizeI=='Tiny'? size.tiny : size.normal 

tabPos      = tabPosI=='Top'? position.top_right : tabPosI=='Bot'? position.bottom_right : position.middle_right
screenerTable   = table.new(tabPos, 50,50, color.new(color.black,100), color.black, 1, color.black, 1)
    
prd         = input.int(defval=5, title='Period', minval=2)
bo_len      = input.int(defval=200, title='Max Breakout Length', minval=30, maxval=300)
cwidthu     = input.float(defval=3., title='Threshold Rate %', minval=1., maxval=10) / 100
mintest     = input.int(defval=2, title='Minimum Number of Tests', minval=1)
bocolorup   = input.color(defval=color.blue, title='Breakout Colors', inline='bocol')
bocolordown = input.color(defval=color.red, title='', inline='bocol')
lstyle      = input.string(defval=line.style_solid, title='Line Style', options=[line.style_solid, line.style_dashed, line.style_dotted])

fData()=>
    //keep Pivot Points and their locations in the arrays
    var phval = array.new_float(0)
    var phloc = array.new_int(0)
    var plval = array.new_float(0)
    var plloc = array.new_int(0)

    //width
    lll             = math.max(math.min(bar_index, 300), 1)
    float h_        = ta.highest(lll)
    float l_        = ta.lowest(lll)
    float chwidth = (h_ - l_) * cwidthu

    // check if PH/PL
    ph = ta.pivothigh(prd, prd)
    pl = ta.pivotlow(prd, prd)

    // keep PH/PL levels and locations
    if ph
        array.unshift(phval, ph)    
        array.unshift(phloc, bar_index - prd)
        if array.size(phval) > 1  // cleanup old ones
            for x = array.size(phloc) - 1 to 1 by 1
                if bar_index - array.get(phloc, x) > bo_len
                    array.pop(phloc)
                    array.pop(phval)

    if pl
        array.unshift(plval, pl)
        array.unshift(plloc, bar_index - prd)
        if array.size(plval) > 1  // cleanup old ones
            for x = array.size(plloc) - 1 to 1 by 1
                if bar_index - array.get(plloc, x) > bo_len
                    array.pop(plloc)
                    array.pop(plval)
 
    float bomax = na
    int bostart = bar_index
    num         = 0
    hgst        = ta.highest(prd)[1]

    if array.size(phval) >= mintest and close > open and close > hgst
        bomax   := array.get(phval, 0)
        xx      = 0
        for x = 0 to array.size(phval) - 1 by 1
            if array.get(phval, x) >= close
                break
            xx := x
            bomax := math.max(bomax, array.get(phval, x))
            bomax
        if xx >= mintest and open <= bomax
            for x = 0 to xx by 1
                if array.get(phval, x) <= bomax and array.get(phval, x) >= bomax - chwidth
                    num += 1
                    bostart := array.get(phloc, x)
                    bostart
            if num < mintest or hgst >= bomax
                bomax := na
                bomax
    breakup = not na(bomax) and num >= mintest and barstate.isconfirmed
    [breakup, bomax, bostart, chwidth]

[lCond, bomax, bostart, chwidth] = fData()
if lCond
    line.new(bar_index  , bomax             , bostart   , bomax             , color=bocolorup, style=lstyle)
    line.new(bar_index  , bomax - chwidth   , bostart   , bomax - chwidth   , color=bocolorup, style=lstyle)
    line.new(bostart    , bomax - chwidth   , bostart   , bomax             , color=bocolorup, style=lstyle)
    line.new(bar_index  , bomax - chwidth   , bar_index , bomax             , color=bocolorup, style=lstyle)

plotshape(lCond, location=location.belowbar, style=shape.triangleup, color=bocolorup, size=size.small)

// -------
// Screener
showTable   = false
fScreen(pair, tf, rowNumber, colNumber)=>
    [lCond_, bomax_, bostart_, chwidth_] = request.security(pair, tf, fData(), ignore_invalid_symbol=true)
    reqCond1    = str.tostring(ta.barssince(lCond_))
    Col1        = color.blue
    fixRow      = rowNumber+1
    if pair!='' and lCond_ 
        alert('BreakUp on' +pair+tf, alert.freq_once_per_bar_close)
    fixCol2     = colNumber==1? 0 : 2
    fixCol1     = colNumber==1? 1 : 3
    
    if pair!='' and showTable  
        table.cell(screenerTable, fixCol1, 0, 'Pair'              , bgcolor=titleCol, text_size=textSize, text_color=textCol)
        table.cell(screenerTable, fixCol1, rowNumber, pair+' '+tf , bgcolor=pairCol , text_size=textSize, text_color=textCol)
        table.cell(screenerTable, fixCol2, 0, 'Condition'         , bgcolor=titleCol, text_size=textSize, text_color=textCol)
        table.cell(screenerTable, fixCol2, rowNumber, reqCond1    , bgcolor=pairCol , text_size=textSize, text_color=textCol)

// Input Pair and TF
// Input Pair and TF
gr12    = 'Watchlist'
pair1   = input.symbol('AAPL', '1', '', '1', gr12, true), tf1 = input.timeframe('D', '', inline='1', group= gr12, confirm=true) 
pair2   = input.symbol('GOOGL', '2', '', '2', gr12, true), tf2 = input.timeframe('D', '', inline='2', group= gr12, confirm=true) 
pair3   = input.symbol('AMZN', '3', '', '3', gr12, true), tf3 = input.timeframe('D', '', inline='3', group= gr12, confirm=true) 
pair4   = input.symbol('CSCO', '4', '', '4', gr12, true), tf4 = input.timeframe('D', '', inline='4', group= gr12, confirm=true) 
pair5   = input.symbol('COST', '5', '', '5', gr12, true), tf5 = input.timeframe('D', '', inline='5', group= gr12, confirm=true) 
pair6   = input.symbol('ADBE', '6', '', '6', gr12, true), tf6 = input.timeframe('D', '', inline='6', group= gr12, confirm=true) 
pair7   = input.symbol('CMCSA', '7', '', '7', gr12, true), tf7 = input.timeframe('D', '', inline='7', group= gr12, confirm=true) 
pair8   = input.symbol('AMD', '8', '', '8', gr12, true), tf8 = input.timeframe('D', '', inline='8', group= gr12, confirm=true) 
pair9   = input.symbol('INTC', '9', '', '9', gr12, true), tf9 = input.timeframe('D', '', inline='9', group= gr12, confirm=true) 
pair10  = input.symbol('HON', '10', '', '10', gr12, true), tf10 = input.timeframe('D', '', inline='10', group= gr12, confirm=true) 
pair11  = input.symbol('AMGN', '11', '', '11', gr12, true), tf11 = input.timeframe('D', '', inline='11', group= gr12, confirm=true) 
pair12  = input.symbol('ASML', '12', '', '12', gr12, true), tf12 = input.timeframe('D', '', inline='12', group= gr12, confirm=true) 
pair13  = input.symbol('LVMH', '13', '', '13', gr12, true), tf13 = input.timeframe('D', '', inline='13', group= gr12, confirm=true) 
pair14  = input.symbol('DOCU', '14', '', '14', gr12, true), tf14 = input.timeframe('D', '', inline='14', group= gr12, confirm=true) 
pair15  = input.symbol('AFX', '15', '', '15', gr12, true), tf15 = input.timeframe('D', '', inline='15', group= gr12, confirm=true) 
pair16  = input.symbol('MSFT', '16', '', '16', gr12, true), tf16 = input.timeframe('D', '', inline='16', group= gr12, confirm=true) 
pair17  = input.symbol('FB', '17', '', '17', gr12, true), tf17 = input.timeframe('D', '', inline='17', group= gr12, confirm=true) 
pair18  = input.symbol('TSLA', '18', '', '18', gr12, true), tf18 = input.timeframe('D', '', inline='18', group= gr12, confirm=true) 
pair19  = input.symbol('NVDA', '19', '', '19', gr12, true), tf19 = input.timeframe('D', '', inline='19', group= gr12, confirm=true) 
pair20  = input.symbol('PEP', '20', '', '20', gr12, true), tf20 = input.timeframe('D', '', inline='20', group= gr12, confirm=true) 
pair21  = input.symbol('QCOM', '21', '', '21', gr12, true), tf21 = input.timeframe('D', '', inline='21', group= gr12, confirm=true) 
pair22  = input.symbol('NFLX', '22', '', '22', gr12, true), tf22 = input.timeframe('D', '', inline='22', group= gr12, confirm=true) 
pair23  = input.symbol('ISRG', '23', '', '23', gr12, true), tf23 = input.timeframe('D', '', inline='23', group= gr12, confirm=true) 
pair24  = input.symbol('MU', '24', '', '24', gr12, true), tf24 = input.timeframe('D', '', inline='24', group= gr12, confirm=true) 
pair25  = input.symbol('MNST', '25', '', '25', gr12, true), tf25 = input.timeframe('D', '', inline='25', group= gr12, confirm=true) 
pair26  = input.symbol('ORLY', '26', '', '26', gr12, true), tf26 = input.timeframe('D', '', inline='26', group= gr12, confirm=true) 
pair27  = input.symbol('MCHP', '27', '', '27', gr12, true), tf27 = input.timeframe('D', '', inline='27', group= gr12, confirm=true) 
pair28  = input.symbol('MMM', '28', '', '28', gr12, true), tf28 = input.timeframe('D', '', inline='28', group= gr12, confirm=true) 
pair29  = input.symbol('ABT', '29', '', '29', gr12, true), tf29 = input.timeframe('D', '', inline='29', group= gr12, confirm=true) 
pair30  = input.symbol('ABBV', '30', '', '30', gr12, true), tf30 = input.timeframe('D', '', inline='30', group= gr12, confirm=true) 
pair31  = input.symbol('ACN', '31', '', '31', gr12, true), tf31 = input.timeframe('D', '', inline='31', group= gr12, confirm=true) 
pair32  = input.symbol('ALGN', '32', '', '32', gr12, true), tf32 = input.timeframe('D', '', inline='32', group= gr12, confirm=true) 
pair33  = input.symbol('AWK', '33', '', '33', gr12, true), tf33 = input.timeframe('D', '', inline='33', group= gr12, confirm=true) 
pair34  = input.symbol('AMAT', '34', '', '34', gr12, true), tf34 = input.timeframe('D', '', inline='34', group= gr12, confirm=true) 
pair35  = input.symbol('ADP', '35', '', '35', gr12, true), tf35 = input.timeframe('D', '', inline='35', group= gr12, confirm=true) 
pair36  = input.symbol('AZO', '36', '', '36', gr12, true)   , tf36 = input.timeframe('D', '', inline='36', group= gr12, confirm=true)
pair37  = input.symbol('BAC', '37', '', '37', gr12, true)   , tf37 = input.timeframe('D', '', inline='37', group= gr12, confirm=true)
pair38  = input.symbol('BIOGEN', '38', '', '38', gr12, true), tf38 = input.timeframe('D', '', inline='38', group= gr12, confirm=true)
pair39  = input.symbol('CDNS', '39', '', '39', gr12, true)  , tf39 = input.timeframe('D', '', inline='39', group= gr12, confirm=true)
pair40  = input.symbol('CZR', '40', '', '40', gr12, true)   , tf40 = input.timeframe('D', '', inline='40', group= gr12, confirm=true)

fScreen(pair1, tf1, 2, 1)
fScreen(pair2, tf2, 3, 1)
fScreen(pair3, tf3, 4, 1)
fScreen(pair4, tf4, 5, 1)
fScreen(pair5, tf5, 6, 1)
fScreen(pair6, tf6, 7, 1)
fScreen(pair7, tf7, 8, 1)
fScreen(pair8, tf8, 9, 1)
fScreen(pair9, tf9, 10, 1)
fScreen(pair10, tf10, 11, 1)
fScreen(pair11, tf11, 12, 1)
fScreen(pair12, tf12, 13, 1)
fScreen(pair13, tf13, 14, 1)
fScreen(pair14, tf14, 15, 1)
fScreen(pair15, tf15, 16, 1)
fScreen(pair16, tf16, 17, 1)
fScreen(pair17, tf17, 18, 1)
fScreen(pair18, tf18, 19, 1)
fScreen(pair19, tf19, 20, 1)
fScreen(pair20, tf20, 1, 2)
fScreen(pair21, tf21, 2, 2)
fScreen(pair22, tf22, 3, 2)
fScreen(pair23, tf23, 4, 2)
fScreen(pair24, tf24, 5, 2)
fScreen(pair25, tf25, 6, 2)
fScreen(pair26, tf26, 7, 2)
fScreen(pair27, tf27, 8, 2)
fScreen(pair28, tf28, 9, 2)
fScreen(pair29, tf29, 10, 2)
fScreen(pair30, tf30, 11, 2)
fScreen(pair31, tf31, 12, 2)
fScreen(pair32, tf32, 13, 2)
fScreen(pair33, tf33, 14, 2)
fScreen(pair34, tf34, 15, 2)
fScreen(pair35, tf35, 16, 2)
fScreen(pair36, tf36, 17, 2)
fScreen(pair37, tf37, 18, 2)
fScreen(pair38, tf38, 19, 2)
fScreen(pair39, tf39, 20, 2)
fScreen(pair40, tf40, 21, 2)

Simple pullback strategy:

Code: Select all

sma1 = ta.sma(close, 50)
sma2 = ta.sma(close, 150)

// Entry condition 
if close < sma1 and close > sma2 and close
    strategy.entry('long', strategy.long)
Original script without alerts

Code: Select all

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © LonesomeTheBlue

//@version=5
indicator('Breakout Finder', 'BF', overlay=true, max_bars_back=500, max_lines_count=400)
prd = input.int(defval=5, title='Period', minval=2)
bo_len = input.int(defval=200, title='Max Breakout Length', minval=30, maxval=300)
cwidthu = input.float(defval=3., title='Threshold Rate %', minval=1., maxval=10) / 100
mintest = input.int(defval=2, title='Minimum Number of Tests', minval=1)
bocolorup = input.color(defval=color.blue, title='Breakout Colors', inline='bocol')
bocolordown = input.color(defval=color.red, title='', inline='bocol')
lstyle = input.string(defval=line.style_solid, title='Line Style', options=[line.style_solid, line.style_dashed, line.style_dotted])

//width
lll = math.max(math.min(bar_index, 300), 1)
float h_ = ta.highest(lll)
float l_ = ta.lowest(lll)
float chwidth = (h_ - l_) * cwidthu

// check if PH/PL
ph = ta.pivothigh(prd, prd)
pl = ta.pivotlow(prd, prd)

//keep Pivot Points and their locations in the arrays
var phval = array.new_float(0)
var phloc = array.new_int(0)
var plval = array.new_float(0)
var plloc = array.new_int(0)

// keep PH/PL levels and locations
if ph
    array.unshift(phval, ph)
    array.unshift(phloc, bar_index - prd)
    if array.size(phval) > 1  // cleanup old ones
        for x = array.size(phloc) - 1 to 1 by 1
            if bar_index - array.get(phloc, x) > bo_len
                array.pop(phloc)
                array.pop(phval)

if pl
    array.unshift(plval, pl)
    array.unshift(plloc, bar_index - prd)
    if array.size(plval) > 1  // cleanup old ones
        for x = array.size(plloc) - 1 to 1 by 1
            if bar_index - array.get(plloc, x) > bo_len
                array.pop(plloc)
                array.pop(plval)

// check bullish cup
float bomax = na
int bostart = bar_index
num = 0
hgst = ta.highest(prd)[1]
if array.size(phval) >= mintest and close > open and close > hgst
    bomax := array.get(phval, 0)
    xx = 0
    for x = 0 to array.size(phval) - 1 by 1
        if array.get(phval, x) >= close
            break
        xx := x
        bomax := math.max(bomax, array.get(phval, x))
        bomax
    if xx >= mintest and open <= bomax
        for x = 0 to xx by 1
            if array.get(phval, x) <= bomax and array.get(phval, x) >= bomax - chwidth
                num += 1
                bostart := array.get(phloc, x)
                bostart
        if num < mintest or hgst >= bomax
            bomax := na
            bomax

if not na(bomax) and num >= mintest
    line.new(x1=bar_index, y1=bomax, x2=bostart, y2=bomax, color=bocolorup, style=lstyle)
    line.new(x1=bar_index, y1=bomax - chwidth, x2=bostart, y2=bomax - chwidth, color=bocolorup, style=lstyle)
    line.new(x1=bostart, y1=bomax - chwidth, x2=bostart, y2=bomax, color=bocolorup, style=lstyle)
    line.new(x1=bar_index, y1=bomax - chwidth, x2=bar_index, y2=bomax, color=bocolorup, style=lstyle)

plotshape(not na(bomax) and num >= mintest, location=location.belowbar, style=shape.triangleup, color=bocolorup, size=size.small)
alertcondition(not na(bomax) and num >= mintest, title='Breakout', message='Breakout')

// check bearish cup
float bomin = na
bostart := bar_index
num1 = 0
lwst = ta.lowest(prd)[1]
if array.size(plval) >= mintest and close < open and close < lwst
    bomin := array.get(plval, 0)
    xx = 0
    for x = 0 to array.size(plval) - 1 by 1
        if array.get(plval, x) <= close
            break
        xx := x
        bomin := math.min(bomin, array.get(plval, x))
        bomin
    if xx >= mintest and open >= bomin
        for x = 0 to xx by 1
            if array.get(plval, x) >= bomin and array.get(plval, x) <= bomin + chwidth
                num1 += 1
                bostart := array.get(plloc, x)
                bostart
        if num1 < mintest or lwst <= bomin
            bomin := na
            bomin

if not na(bomin) and num1 >= mintest
    line.new(x1=bar_index, y1=bomin, x2=bostart, y2=bomin, color=bocolordown, style=lstyle)
    line.new(x1=bar_index, y1=bomin + chwidth, x2=bostart, y2=bomin + chwidth, color=bocolordown, style=lstyle)
    line.new(x1=bostart, y1=bomin + chwidth, x2=bostart, y2=bomin, color=bocolordown, style=lstyle)
    line.new(x1=bar_index, y1=bomin + chwidth, x2=bar_index, y2=bomin, color=bocolordown, style=lstyle)

plotshape(not na(bomin) and num1 >= mintest, location=location.abovebar, style=shape.triangledown, color=bocolordown, size=size.small)

alertcondition(not na(bomin) and num1 >= mintest, title='Breakdown', message='Breakdown')
alertcondition(not na(bomax) and num >= mintest or not na(bomin) and num1 >= mintest, title='Breakout or Breakdown', message='Breakout or Breakdown')


Shenpai
Pine Script Rookie
Pine Script Rookie
Posts: 6
Joined: April 10th, 2022
Contact: TradingView Profile

Re: How to replace the strategy in this 40 alert script?

I don't really get what you need the old script for. It seems to cover a very complex strategy.
If you want to replace it completely, it will be much easier to just write a new script instead of edit the old one.
Or are there some parts in the old script you want to keep?

EveryDayBetter
Pine Script Master
Pine Script Master
Posts: 27
Joined: February 16th, 2022

Re: How to replace the strategy in this 40 alert script?

Thank you for your answer. I need a script which can give me 40 alerts for 40 securities. In the script it works, and I'm not able to code a script with this function. Do you have any idea how to do?

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