OPEN-SOURCE SCRIPT

Pivot Reversal Strategy + alerts via TradingConnector to indices

Software part of algotrading is simpler than you think. TradingView is a great place to do this actually. To present it, I'm publishing each of the default strategies you can find in Pinescript editor's "built-in" list with slight modification - I'm only adding 2 lines of code, which will trigger alerts, ready to be forwarded to your broker via TradingConnector and instantly executed there. Alerts added in this script: 14 and 22.

How it works:
1. TradingView alert fires.
2. TradingConnector catches it and forwards to MetaTrader4/5 you got from your broker.
3. Trade gets executed inside MetaTrader within 1 second of fired alert.

When configuring alert, make sure to select "alert() function calls only" in CreateAlert popup. One alert per ticker is required.
Adding stop-loss, take-profit, trailing-stop, break-even or executing pending orders is also possible. These topics have been covered in other example posts.

This routing works for Forex, indices, stocks, crypto - anything your broker offers via their MetaTrader4 or 5.

Disclaimer: This concept is presented for educational purposes only. Profitable results of trading this strategy are not guaranteed even if the backtest suggests so. By no means this post can be considered a trading advice. You trade at your own risk.

If you are thinking to execute this particular strategy, make sure to find the instrument, settings and timeframe which you like most. You can do this by your own research only.
algoalgotradingautomatedCandlestick AnalysispivotPivot Pointspivotstrategystrategytradingconnector

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

Ingin menggunakan skrip ini pada carta?


I auto-execute TradingView Alerts into MT4/MT5 using this: tradingconnector.com 1-second delivery. Ping me if you need support with installation.
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