//@version=5
strategy("Customizable Buy and Sell Strategy", overlay=true)
// Input Parameters
lengthATR = input.int(14, title="ATR Length")
atrMultiplier = input.float(1.5, title="ATR Multiplier for Target")
slMultiplier = input.float(1.0, title="ATR Multiplier for SL")
trailOffset = input.float(1.0, title="Trailing Offset in ATR")
// Customizable Target and SL for Buying
customTargetLong = input.float(0, title="Custom Target for Long (in points)",
step=0.1)
customSLLong = input.float(0, title="Custom SL for Long (in points)", step=0.1)
useCustomTargetLong = input.bool(true, title="Enable Custom Target for Long")
useCustomSLLong = input.bool(true, title="Enable Custom SL for Long")
useTrailSLLong = input.bool(true, title="Enable Trailing SL for Long")
// Customizable Target and SL for Selling
customTargetShort = input.float(0, title="Custom Target for Short (in points)",
step=0.1)
customSLShort = input.float(0, title="Custom SL for Short (in points)", step=0.1)
useCustomTargetShort = input.bool(true, title="Enable Custom Target for Short")
useCustomSLShort = input.bool(true, title="Enable Custom SL for Short")
useTrailSLShort = input.bool(true, title="Enable Trailing SL for Short")
// RSI Filter Parameters
rsiLength = input.int(14, title="RSI Length")
rsiOversold = input.int(30, title="RSI Oversold Level")
rsiOverbought = input.int(70, title="RSI Overbought Level")
// Volume Confirmation Parameters
volumeLength = input.int(20, title="Volume Moving Average Length")
volumeMultiplier = input.float(1.5, title="Volume Threshold Multiplier")
// Calculate Indicators
atr = ta.atr(lengthATR)
rsi = ta.rsi(close, rsiLength)
volumeMA = ta.sma(volume, volumeLength)
// Buy Condition based on Shivji ka Robot
ma_length = input.int(50, title="Moving Average Length")
ma = ta.sma(close, ma_length)
buyCondition = ta.crossover(close, ma) and rsi < rsiOverbought and volume >
volumeMA * volumeMultiplier
// Sell Condition for Short Selling
sellCondition = ta.crossunder(close, ma) and rsi > rsiOversold and volume >
volumeMA * volumeMultiplier
// Initialize variables for tracking
var float entryPriceLong = na
var float trailSLLong = na
var float targetPriceLong = na
var float entryPriceShort = na
var float trailSLShort = na
var float targetPriceShort = na
// Long Entry
if (buyCondition)
entryPriceLong := close
targetPriceLong := useCustomTargetLong ? entryPriceLong + customTargetLong :
entryPriceLong + (atr * atrMultiplier)
trailSLLong := useCustomSLLong ? entryPriceLong - customSLLong : entryPriceLong
- (atr * slMultiplier)
// Execute Buy Order
strategy.entry("Buy Order", strategy.long)
// Plot Entry Price
label.new(bar_index, close, "Buy Order", color=color.green,
style=label.style_label_down, textcolor=color.white)
// Update Trailing SL for Long
if (not na(entryPriceLong))
if (useTrailSLLong and close > entryPriceLong + (atr * trailOffset))
trailSLLong := math.max(trailSLLong, close - (atr * slMultiplier))
// Long Sell Condition (exit when trailing SL is hit or target reached)
sellConditionLong = close <= trailSLLong or close >= targetPriceLong
if (sellConditionLong)
// Execute Sell Order for Long
strategy.exit("Sell Exit Long", from_entry="Buy Order", limit=targetPriceLong,
stop=trailSLLong)
// Plot Sell Condition for Long
label.new(bar_index, close, "Sell Order Long", color=color.red,
style=label.style_label_up, textcolor=color.white)
// Short Entry
if (sellCondition)
entryPriceShort := close
targetPriceShort := useCustomTargetShort ? entryPriceShort -
customTargetShort : entryPriceShort - (atr * atrMultiplier)
trailSLShort := useCustomSLShort ? entryPriceShort + customSLShort :
entryPriceShort + (atr * slMultiplier)
// Execute Short Order
strategy.entry("Sell Order", strategy.short)
// Plot Entry Price
label.new(bar_index, close, "Sell Order", color=color.red,
style=label.style_label_down, textcolor=color.white)
// Update Trailing SL for Short
if (not na(entryPriceShort))
if (useTrailSLShort and close < entryPriceShort - (atr * trailOffset))
trailSLShort := math.min(trailSLShort, close + (atr * slMultiplier))
// Short Sell Condition (exit when trailing SL is hit or target reached)
sellConditionShort = close >= trailSLShort or close <= targetPriceShort
if (sellConditionShort)
// Execute Buy Order to cover Short
strategy.exit("Cover Short Exit", from_entry="Sell Order",
limit=targetPriceShort, stop=trailSLShort)
// Plot Sell Condition for Short
label.new(bar_index, close, "Cover Short Order", color=color.green,
style=label.style_label_up, textcolor=color.white)
// Plotting
plot(ma, color=color.blue, title="Moving Average")
plot(entryPriceLong, style=plot.style_cross, color=color.green, title="Entry Price
Long")
plot(targetPriceLong, color=color.red, title="Target Price Long")
plot(trailSLLong, color=color.orange, title="Trailing Stop-Loss Long")
hline(rsiOversold, "RSI Oversold", color=color.green)
hline(rsiOverbought, "RSI Overbought", color=color.red)
plot(rsi, color=color.purple, title="RSI")
plot(volumeMA, color=color.orange, title="Volume MA")
// Background colors for buy and sell conditions
bgcolor(buyCondition ? color.new(color.green, 90) : na)
bgcolor(sellCondition ? color.new(color.red, 90) : na)
// Alerts
alertcondition(buyCondition, title="Buy Alert", message="Buy Signal: Price crossed
above the moving average, RSI is below overbought, high volume confirmed.")
alertcondition(sellCondition, title="Sell Alert", message="Sell Signal: Price
crossed below the moving average, RSI is above oversold, high volume confirmed.")
