i am new to this automated trading, but recently i developed a system using supertrend and breakouts. but i am facing trouble in setting alerts, 90% time they are working fine but sometimes i am getting alerts without even signal is generated.
problems faced till now:
- TP alert before it actually gets trigger, 1 or 2 candle before the signal is generated.
- long signal is generated, quantity is bought but after 2 candle again got the message of long without any relevant signal generated on trading view, causing binance to buy double the quantity.
////////////////////script////////////////////
`//@version=5
strategy("MATIC algo supertrend", overlay=true, default_qty_type=strategy.percent_of_equity, default_qty_value=100, process_orders_on_close=true)
import PineCoders/VisibleChart/4
atrPeriod = input(30, "ATR Length")
factor = input.float(3.02, "Factor", step = 0.01)
[supertrend, direction] = ta.supertrend(factor, atrPeriod)
bodyMiddle = plot((open + close) / 2, display=display.none)
upTrend = plot(direction < 0 ? supertrend : na, "Up Trend", color = color.green, style=plot.style_linebr)
downTrend = plot(direction < 0? na : supertrend, "Down Trend", color = color.red, style=plot.style_linebr)
fill(bodyMiddle, upTrend, color.new(color.green, 90), fillgaps=false)
fill(bodyMiddle, downTrend, color.new(color.red, 90), fillgaps=false)
//@version=5
length = input.int(12, 'Swing Detection Lookback')
mult = input.float(0., 'Slope', minval = 0, step = .1)
calcMethod = input.string('Atr', 'Slope Calculation Method', options = ['Atr','Stdev','Linreg'])
backpaint = input(false, tooltip = 'Backpainting offset displayed elements in the past. Disable backpainting to see real time information returned by the indicator.')
//Style
upCss = input.color(color.teal, 'Up Trendline Color', group = 'Style')
dnCss = input.color(color.red, 'Down Trendline Color', group = 'Style')
showExt = input(true, 'Show Extended Lines')
//-----------------------------------------------------------------------------}
//Calculations
//-----------------------------------------------------------------------------{
var upper = 0.
var lower = 0.
var slope_ph = 0.
var slope_pl = 0.
var offset = backpaint ? length : 0
n = bar_index
src = close
ph = ta.pivothigh(length, length)
pl = ta.pivotlow(length, length)
//Slope Calculation Method
slope = switch calcMethod
'Atr' => ta.atr(length) / length * mult
'Stdev' => ta.stdev(src,length) / length * mult
'Linreg' => math.abs(ta.sma(src * n, length) - ta.sma(src, length) * ta.sma(n, length)) / ta.variance(n, length) / 2 * mult
//Get slopes and calculate trendlines
slope_ph := ph ? slope : slope_ph
slope_pl := pl ? slope : slope_pl
upper := ph ? ph : upper - slope_ph
lower := pl ? pl : lower + slope_pl
var upos = 0
var dnos = 0
upos := ph ? 0 : close > upper - slope_ph * length ? 1 : upos
dnos := pl ? 0 : close < lower + slope_pl * length ? 1 : dnos
//-----------------------------------------------------------------------------}
//Extended Lines
//-----------------------------------------------------------------------------{
var uptl = line.new(na,na,na,na, color = upCss, style = line.style_dashed, extend = extend.right)
var dntl = line.new(na,na,na,na, color = dnCss, style = line.style_dashed, extend = extend.right)
if ph and showExt
uptl.set_xy1(n-offset, backpaint ? ph : upper - slope_ph * length)
uptl.set_xy2(n-offset+1, backpaint ? ph - slope : upper - slope_ph * (length+1))
if pl and showExt
dntl.set_xy1(n-offset, backpaint ? pl : lower + slope_pl * length)
dntl.set_xy2(n-offset+1, backpaint ? pl + slope : lower + slope_pl * (length+1))
//-----------------------------------------------------------------------------}
//Plots
//-----------------------------------------------------------------------------{
plot(backpaint ? upper : upper - slope_ph * length, 'Upper', color = ph ? na : upCss, offset = -offset)
plot(backpaint ? lower : lower + slope_pl * length, 'Lower', color = pl ? na : dnCss, offset = -offset)
//Breakouts
plotshape(upos > upos[1] ? low : na, "Upper Break"
, shape.labelup
, location.absolute
, upCss
, text = "B"
, textcolor = color.white
, size = size.tiny)
plotshape(dnos > dnos[1] ? high : na, "Lower Break"
, shape.labeldown
, location.absolute
, dnCss
, text = "B"
, textcolor = color.white
, size = size.tiny)
TP = 0.02
SOS = 0.005
SL = 0.15
///longs//
if ta.change(direction) < 0
strategy.entry("My Long Entry Id", strategy.long)
alert("close MATICUSDT a=USDM \nbuy MATICUSDT q=500% a=USDM")
if ((strategy.position_size > 0) and close > strategy.position_avg_price * (1 + TP))
strategy.exit(id = "TP" , stop = low)
alert("close MATICUSDT a=USDMM")
if ta.change((direction) < 0 and upos > upos[1] and strategy.position_size == 0)
strategy.entry("My Long Entry Id", strategy.long)
alert("buy MATICUSDT q=500% a=USDM")
//shorts//
if ta.change(direction) > 0
strategy.entry("My Short Entry Id", strategy.short)
alert("close MATICUSDT a=USDM \nsell MATICUSDT q=500% a=USDM")
if ((strategy.position_size < 0) and close < strategy.position_avg_price * (1 - TP))
strategy.exit(id = "TP" ,stop = high)
alert("close MATICUSDT a=USDMM")
if ta.change((direction) > 0 and dnos > dnos[1] and strategy.position_size == 0)
strategy.entry("My Short Entry Id", strategy.short)
alert("sell MATICUSDT q=500% a=USDM")`
help pls
thank youuu
i just want regular alerts without any repainting or false signals
