Template Signal Indicator

21 mag 2022

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.

9 lug 2022

Note di rilascio

• Minor refactoring
  

13 lug 2022

Note di rilascio

• Minor visual improvements
  

13 lug 2022

Note di rilascio

• Update external_input_utils library
  

17 gen 2023

Note di rilascio

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

22 gen 2023

Note di rilascio

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

19 mar 2023

Note di rilascio

• Minor refactoring
  

6 set 2023

Note di rilascio

Update internal libraries.

10 set 2023

Note di rilascio

Refactor and update internal libraries

12 ott 2023

Note di rilascio

Update internal libraries

3 ott 2024

Note di rilascio

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

6 gen

Note di rilascio

Update to pinescript version 6