pine short v2

Niki/GPT/short_1m.pine

@@ -1,31 +1,34 @@
 //@version=6
-strategy("Versatile Bear Market Short Strategy - V6 (Manual ADX)", overlay=true, initial_capital=10000, currency=currency.USD, default_qty_type=strategy.percent_of_equity, default_qty_value=10)
+strategy("Aggressive Bear Market Short Strategy - V6 (Aggressive Conditions)", overlay=true, initial_capital=10000, currency=currency.USD, default_qty_type=strategy.percent_of_equity, default_qty_value=10)
 
 // === INPUTS ===
 // Trend Confirmation: Simple Moving Average
 smaPeriod = input.int(title="SMA Period", defval=50, minval=1)
 
-// Overbought Condition: RSI Parameters
+// RSI Parameters
-rsiPeriod     = input.int(title="RSI Period", defval=14, minval=1)
+rsiPeriod = input.int(title="RSI Period", defval=14, minval=1)
-rsiOverbought = input.int(title="RSI Overbought Level", defval=60, minval=1, maxval=100)
+// Lower the overbought threshold to be more aggressive.
+rsiAggThreshold = input.int(title="Aggressive RSI Threshold", defval=50, minval=1, maxval=100)
 
 // MACD Parameters
-macdFast   = input.int(title="MACD Fast Length", defval=12, minval=1)
+macdFast    = input.int(title="MACD Fast Length", defval=12, minval=1)
-macdSlow   = input.int(title="MACD Slow Length", defval=26, minval=1)
+macdSlow    = input.int(title="MACD Slow Length", defval=26, minval=1)
-macdSignal = input.int(title="MACD Signal Length", defval=9, minval=1)
+macdSignalL = input.int(title="MACD Signal Length", defval=9, minval=1)
 
 // Bollinger Bands Parameters
 bbLength = input.int(title="Bollinger Bands Length", defval=20, minval=1)
 bbStdDev = input.float(title="BB StdDev Multiplier", defval=2.0, step=0.1)
 
 // Stochastic Oscillator Parameters
-stochLength     = input.int(title="Stochastic %K Length", defval=14, minval=1)
+stochLength       = input.int(title="Stochastic %K Length", defval=14, minval=1)
-stochSmooth     = input.int(title="Stochastic %D Smoothing", defval=3, minval=1)
+stochSmooth       = input.int(title="Stochastic %D Smoothing", defval=3, minval=1)
-stochOverbought = input.int(title="Stochastic Overbought Level", defval=80, minval=1, maxval=100)
+// Lower overbought threshold to catch more rallies.
+stochAggThreshold = input.int(title="Aggressive Stochastic Threshold", defval=70, minval=1, maxval=100)
 
 // ADX Parameters (Manual Calculation)
-adxPeriod    = input.int(title="ADX Period", defval=14, minval=1)
+adxPeriod       = input.int(title="ADX Period", defval=14, minval=1)
-adxThreshold = input.float(title="ADX Trend Strength Threshold", defval=25.0, step=0.1)
+// Lower the ADX threshold for trend strength.
+adxAggThreshold = input.float(title="Aggressive ADX Threshold", defval=20.0, step=0.1)
 
 // Risk Management
 stopLossPercent   = input.float(title="Stop Loss (%)", defval=0.5, step=0.1)
@@ -34,95 +37,101 @@ takeProfitPercent = input.float(title="Take Profit (%)", defval=0.3, step=0.1)
 
 // === INDICATOR CALCULATIONS ===
 
-// 1. SMA for trend confirmation; price below this confirms a bearish market.
+// 1. SMA for overall trend determination.
 smaValue = ta.sma(close, smaPeriod)
 
-// 2. RSI to check for overbought conditions.
+// 2. RSI calculation.
 rsiValue = ta.rsi(close, rsiPeriod)
 
-// 3. MACD to catch momentum shifts.
+// 3. MACD calculation.
-[macdLine, signalLine, _] = ta.macd(close, macdFast, macdSlow, macdSignal)
+[macdLine, signalLine, _] = ta.macd(close, macdFast, macdSlow, macdSignalL)
 
-// 4. Bollinger Bands to identify potential exhaustion in rallies.
+// 4. Bollinger Bands calculation.
 bbBasis = ta.sma(close, bbLength)
 bbDev   = bbStdDev * ta.stdev(close, bbLength)
 bbUpper = bbBasis + bbDev
 bbLower = bbBasis - bbDev
 
-// 5. Stochastic Oscillator (using %K) for additional overbought signals.
+// 5. Stochastic Oscillator calculation.
 k = ta.stoch(close, high, low, stochLength)
 d = ta.sma(k, stochSmooth)
 
 
 // === MANUAL ADX CALCULATION ===
-// Step 1: Calculate the True Range (TR)
+// Step 1: True Range (TR)
 prevClose = nz(close[1], close)
 tr = math.max(high - low, math.max(math.abs(high - prevClose), math.abs(low - prevClose)))
 
-// Step 2: Calculate directional movements (DM)
+// Step 2: Directional Movements (DM)
 upMove   = high - nz(high[1])
 downMove = nz(low[1]) - low
 plusDM  = (upMove > downMove and upMove > 0) ? upMove : 0
 minusDM = (downMove > upMove and downMove > 0) ? downMove : 0
 
-// Step 3: Smooth the values using Wilder's RMA (smoothed moving average)
+// Step 3: Wilder's RMA smoothing
 atr       = ta.rma(tr, adxPeriod)
 smPlusDM  = ta.rma(plusDM, adxPeriod)
 smMinusDM = ta.rma(minusDM, adxPeriod)
 
-// Step 4: Calculate the Directional Indicators (DI+ and DI-)
+// Step 4: Directional Indicators
 plusDI  = 100 * (smPlusDM / atr)
 minusDI = 100 * (smMinusDM / atr)
 
-// Step 5: Compute the Directional Index (DX)
+// Step 5: Directional Index (DX)
 dx = 100 * math.abs(plusDI - minusDI) / (plusDI + minusDI)
 
-// Step 6: Smooth DX to get ADX
+// Step 6: ADX from smoothed DX values.
 adxValue = ta.rma(dx, adxPeriod)
 
 
-// === ENTRY CONDITIONS FOR A SHORT POSITION ===
+// === AGGRESSIVE SIGNAL CONDITIONS ===
 
-// Condition 1: Bear Trend Confirmation - Price is below the SMA.
+// Mandatory Bearish Condition: Price must be below the SMA.
 bearTrend = close < smaValue
 
-// Condition 2: Bollinger Bands - Price crosses under the upper band.
+// Aggressive MACD Condition: Instead of a cross event, use a simple condition.
-bbCondition = ta.crossunder(close, bbUpper)
+macdSignalFlag = macdLine < signalLine
 
-// Condition 3: MACD - MACD line crosses below the signal line.
+// Aggressive RSI Condition: RSI above a lower overbought threshold.
-macdCondition = ta.crossunder(macdLine, signalLine)
+rsiSignalFlag = rsiValue > rsiAggThreshold
 
-// Condition 4: RSI - Check if RSI is overbought.
+// Aggressive Bollinger Bands Condition: Price is above the upper band (suggesting an overextended rally).
-rsiCondition = rsiValue > rsiOverbought
+bbSignalFlag = close > bbUpper
 
-// Condition 5: Stochastic - %K crosses under the overbought threshold.
+// Aggressive Stochastic Condition: Look for a crossunder of the aggressive threshold.
-stochCondition = ta.crossunder(k, stochOverbought)
+stochSignalFlag = ta.crossunder(k, stochAggThreshold)
 
-// Condition 6: ADX - The market must have a strong trend.
+// Aggressive ADX Condition: Market shows trend strength above the lower threshold.
-adxCondition = adxValue > adxThreshold
+adxSignalFlag = adxValue > adxAggThreshold
 
-// Combine all conditions for a short entry signal.
+// Count the number of indicator signals that are true.
-shortEntryCondition = bearTrend and bbCondition and macdCondition and rsiCondition and stochCondition and adxCondition
+signalCount = (macdSignalFlag ? 1 : 0) +
+              (rsiSignalFlag ? 1 : 0) +
+              (bbSignalFlag ? 1 : 0) +
+              (stochSignalFlag ? 1 : 0) +
+              (adxSignalFlag ? 1 : 0)
 
-if shortEntryCondition
+// Take a short position if the bear market condition is met and at least 2 indicator signals fire.
+if bearTrend and (signalCount >= 2)
     strategy.entry("Short", strategy.short)
 
 
 // === EXIT CONDITIONS ===
-
+// For open short positions, define a percentage‑based stop loss (above entry) and take profit (below entry).
-// For open short positions, define a stop loss above and a take profit below the entry price.
 if strategy.position_size < 0
-    entryPrice = strategy.position_avg_price
+    entryPrice  = strategy.position_avg_price
-    stopPrice  = entryPrice * (1 + stopLossPercent / 100)
+    stopPrice   = entryPrice * (1 + stopLossPercent / 100)
     targetPrice = entryPrice * (1 - takeProfitPercent / 100)
     strategy.exit("Exit Short", from_entry="Short", stop=stopPrice, limit=targetPrice)
 
 
 // === PLOTTING ===
 plot(smaValue, color=color.orange, title="SMA")
-plot(bbUpper, color=color.blue, title="Bollinger Upper")
+plot(bbUpper, color=color.blue, title="Bollinger Upper Band")
 plot(bbBasis, color=color.gray, title="Bollinger Basis")
-plot(bbLower, color=color.blue, title="Bollinger Lower")
+plot(bbLower, color=color.blue, title="Bollinger Lower Band")
-
-// Optional: Plot the manually calculated ADX.
 plot(adxValue, title="ADX", color=color.fuchsia)
+
+// Optional: Plot RSI and a horizontal line at the aggressive RSI threshold.
+plot(rsiValue, title="RSI", color=color.purple)
+hline(rsiAggThreshold, title="Aggressive RSI Threshold", color=color.red)