Strategy example

Moving Average Cross

Readonly source from tests/EasyLanguage/dorian-draper-learning, generated Pine Script v6, and an expiry-free example EX5.

Convert your script How the full workflow works

Original EasyLanguage

{-------------------------------------------------------------------
Mov Avg Cross v1
Description:
- Moving Average Crossover strategy using simple moving averages
- Enters long when the fast MA crosses above the slow MA, and short when it crosses below
- Exits positions if they have been held for a minimum time and haven't reached a minimum profit
-------------------------------------------------------------------}
Input:
ShortPrice(Close),
LongPrice(Close),
ShortLen(9),
LongLen(18),
MinHold(8),
MinProfit(100);
Vars:
ShortMA(0),
LongMA(0);
ShortMA = Average(ShortPrice, ShortLen);
LongMA = Average(LongPrice, LongLen);
{Setup entrada}
If ShortMA Crosses Over LongMA Then
Buy Next Bar at Market;
If ShortMA Crosses Under LongMA Then
SellShort Next Bar at Market;
{Setup salida}
If BarsSinceEntry > MinHold and OpenPositionProfit < MinProfit Then
Begin
Sell Next Bar at Market;
BuyToCover Next Bar at Market;
End;

{-------------------------------------------------------------------	
 Mov Avg Cross v1

 Description:
 - Moving Average Crossover strategy using simple moving averages
 - Enters long when the fast MA crosses above the slow MA, and short when it crosses below
 - Exits positions if they have been held for a minimum time and haven't reached a minimum profit

-------------------------------------------------------------------}

Input:
	ShortPrice(Close),
	LongPrice(Close),
	ShortLen(9),
	LongLen(18),
	MinHold(8),
	MinProfit(100);

Vars:
	ShortMA(0),
	LongMA(0);

ShortMA = Average(ShortPrice, ShortLen);
LongMA = Average(LongPrice, LongLen);

{Setup entrada}
If ShortMA Crosses Over LongMA Then
	Buy Next Bar at Market;
If ShortMA Crosses Under LongMA Then
	SellShort Next Bar at Market;

{Setup salida}
If BarsSinceEntry > MinHold and OpenPositionProfit < MinProfit Then
Begin
	Sell Next Bar at Market;
	BuyToCover Next Bar at Market;
End;

Generated Pine Script v6

//@version=6
strategy("MovingAverageCross_v1", overlay=true)
shortprice = input.source(close, "shortprice")
longprice = input.source(close, "longprice")
shortlen = input.float(9.0, "shortlen")
longlen = input.float(18.0, "longlen")
minhold = input.float(8.0, "minhold")
minprofit = input.float(100.0, "minprofit")
var float shortma = 0
var float longma = 0
__el_call1 = ta.sma(shortprice, int(shortlen))
__el_call2 = ta.sma(longprice, int(longlen))
if bar_index >= 17
shortma := __el_call1
longma := __el_call2
if ta.crossover(shortma, longma)
strategy.entry("Buy", strategy.long)
if ta.crossunder(shortma, longma)
strategy.entry("SellShort", strategy.short)
if (strategy.opentrades > 0 ? bar_index - strategy.opentrades.entry_bar_index(strategy.opentrades - 1) : 0) > minhold and strategy.openprofit < minprofit
strategy.close_all(comment="Sell")
strategy.close_all(comment="BuyToCover")

//@version=6
strategy("MovingAverageCross_v1", overlay=true)
shortprice = input.source(close, "shortprice")
longprice = input.source(close, "longprice")
shortlen = input.float(9.0, "shortlen")
longlen = input.float(18.0, "longlen")
minhold = input.float(8.0, "minhold")
minprofit = input.float(100.0, "minprofit")
var float shortma = 0
var float longma = 0
__el_call1 = ta.sma(shortprice, int(shortlen))
__el_call2 = ta.sma(longprice, int(longlen))
if bar_index >= 17
    shortma := __el_call1
    longma := __el_call2
    if ta.crossover(shortma, longma)
        strategy.entry("Buy", strategy.long)
    if ta.crossunder(shortma, longma)
        strategy.entry("SellShort", strategy.short)
    if (strategy.opentrades > 0 ? bar_index - strategy.opentrades.entry_bar_index(strategy.opentrades - 1) : 0) > minhold and strategy.openprofit < minprofit
        strategy.close_all(comment="Sell")
        strategy.close_all(comment="BuyToCover")

Compiled MetaTrader 5 example

The EX5 uses the original script filename stem and has no PineAnywhere expiration guard.

Download MovingAverageCross_v1.ex5