TradingView/BullRush v1.3.pine at main · TraderOracle/TradingView · GitHub

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
//@version=4
study("BullRush v1.3", overlay = true, format=format.price, precision=2, resolution="")

iAvgType = input("SMMA", title="Moving Average Type", options=["EMA","HMA","SMA","SMMA","WMA"])
iEMAMain = input(50, "Main EMA Length", minval=1, tooltip="Normally 50.  64 is an alternative")
bRSI = input(true, title="Enable RSI Verification")

up = rma(max(change(close), 0), 14)
down = rma(-min(change(close), 0), 14)
rsi = down == 0 ? 100 : up == 0 ? 0 : 100 - (100 / (1 + up / down))
rsiMA = ema(rsi, 14)

var isLong = false
var isShort = false

bMAUp = false
bMADown = false
b9over21 = false
b9under21 = false

if (iAvgType == "HMA")
    bMAUp := close > wma(2*wma(close, iEMAMain/2)-wma(close, iEMAMain), floor(sqrt(iEMAMain)))
    bMADown := close < wma(2*wma(close, iEMAMain/2)-wma(close, iEMAMain), floor(sqrt(iEMAMain)))
    b9over21 := wma(2*wma(close, 9/2)-wma(close, 9), floor(sqrt(9))) > wma(2*wma(close, 21/2)-wma(close, 21), floor(sqrt(21)))
    b9under21 := wma(2*wma(close, 9/2)-wma(close, 9), floor(sqrt(9))) < wma(2*wma(close, 21/2)-wma(close, 21), floor(sqrt(21)))

if (iAvgType == "WMA")
    bMAUp := close > wma(close, iEMAMain) // and open > sma(close, iEMAMain)
    bMADown := close < wma(close, iEMAMain) // and open < sma(close, iEMAMain)
    b9over21 := wma(close, 9) > wma(close, 21)
    b9under21 := wma(close, 9) < wma(close, 21)

if (iAvgType == "SMA")
    bMAUp := close > sma(close, iEMAMain) // and open > sma(close, iEMAMain)
    bMADown := close < sma(close, iEMAMain) // and open < sma(close, iEMAMain)
    b9over21 := sma(close, 9) > sma(close, 21)
    b9under21 := sma(close, 9) < sma(close, 21)

if (iAvgType == "EMA")
    bMAUp := close > ema(close, iEMAMain) // and open > ema(close, iEMAMain)
    bMADown := close < ema(close, iEMAMain) // and open < ema(close, iEMAMain)
    b9over21 := ema(close, 9) > ema(close, 21)
    b9under21 := ema(close, 9) < ema(close, 21)

if (iAvgType == "SMMA")
    smma = 0.0
    smma := na(smma[1]) ? sma(close, iEMAMain) : (smma[1] * (iEMAMain - 1) + close) / iEMAMain
    bMAUp := close > smma // and open > smma
    bMADown := close < smma // and open < smma
    b9over21 := ema(close, 9) > ema(close, 21)
    b9under21 := ema(close, 9) < ema(close, 21)

rsiUp = true
rsiDown = true
if (bRSI)
    rsiUp := rsi > 50 and rsi > rsiMA
    rsiDown := rsi < 50 and rsi < rsiMA

upwards = not isLong and bMAUp and close > open and rsiUp and b9over21 // and ema(close, 9) > ema(close, 21)
downwards = not isShort and bMADown and open > close and rsiDown and b9under21 // and ema(close, 9) < ema(close, 21)

showUp = upwards and not upwards[1]
showDown = downwards and not downwards[1]

plotshape(showUp ? hl2 : na, title="BR", text="BR", location=location.belowbar, style=shape.labelup, size=size.tiny, color=color.green, textcolor=color.white)
plotshape(showDown ? hl2 : na, title="BR", text="BR", location=location.abovebar, style=shape.labeldown, size=size.tiny, color=color.red, textcolor=color.white)

if showUp
    isLong := true
    isShort := false

if showDown
    isLong := false
    isShort := true