Template Signal Indicator

2022년 5월 21일

This script is an example on how to create a custom indicator that produce start/end long/short deal signals based on configurable conditions from internal and external indicators.
This indicator can be used as an external indicator to other strategies like "Template Trailing Strategy" that will execute the deals and enter the desired positions based on the signals produced by this script.
Combining this script with the aforementioned strategy (or any other compatible) has the advantage that you can backrest the results of your custom deal conditions. Also additional functionality that is provided by the strategy can be utilized (e.g. Take Profit Targets, Trailing Stop Loss etc.).
In this particular example I combined the RSI and Stoch RSI indicators (internal) with the "Trend Explorer" indicator (external) so it produces buy and sell signals based on the logic I defined in the input tab of this indicator. To combine "indicators on indicators" you need Pro+ TV subscription.
The convention I use to communicate the signals is the following (2 -> enter long, 1 -> exit long, -2 -> enter short, -1 ->exit short). However, this convention is also configurable in the consumer/strategy script "Template Trailing Strategy" so make sure that both script "speak the same language" before procced.

2022년 7월 9일

릴리즈 노트

• Minor refactoring
  

2022년 7월 13일

릴리즈 노트

• Minor visual improvements
  

2022년 7월 13일

릴리즈 노트

• Update external_input_utils library
  

2023년 1월 17일

릴리즈 노트

• Add alerts
  
• Use the default TTS "two channel mod div" convention to easier use it as external input
  
• Update external_input_utils
  

2023년 1월 22일

릴리즈 노트

• Show the actual signal value in the status line and data window
  

2023년 3월 19일

릴리즈 노트

• Minor refactoring
  

2023년 9월 6일

릴리즈 노트

Update internal libraries.

2023년 9월 10일

릴리즈 노트

Refactor and update internal libraries

2023년 10월 12일

릴리즈 노트

Update internal libraries

2024년 10월 3일

릴리즈 노트

• Update internal libraries
  
• Style changes to match with latest TTS version
  

1월 6일

릴리즈 노트

Update to pinescript version 6