// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.
0
at https://mozilla.org/MPL/2.0/
// © bdrex95
//@version=5
// Rob Reversal Strategy - Official
// Using Rob Reversal Indicator: Original
strategy("Rob Reversal Strategy: Official", shorttitle="Official Rob Rev Strat",
overlay=true)
//--- Session Input ---
sess = input.session(defval = "0830-1315", title="Trading Session")
t = time(timeframe.period, sess)
sessionOpen = na(t) ? false : true
flat_time = input.session(defval = "1515-1600", title="Close All Open Trades")
ft = time(timeframe.period, flat_time)
flatOpen = na(ft) ? false : true
// Calculate start/end date and time condition
startDate = input.time(timestamp('2018-12-24T00:00:00'),group = "ALL STRATEGY
SETTINGS BELOW")
finishDate = input.time(timestamp('2029-02-26T00:00:00'),group = "ALL STRATEGY
SETTINGS BELOW")
time_cond = time >= startDate and time <= finishDate
emaColor = input.color(color.orange, title="EMA Color")
emaLength = input.int(8, title="EMA Length")
emaInd = ta.ema(close, emaLength)
rr = input(1.0,"Enter RR",group = "TP/SL CONDITION INPUTS HERE")
sellShapeInput = input.string("Arrow", title="Sell Entry Shape", options=["Arrow",
"Triangle"])
buyShapeInput = input.string("Arrow", title="Buy Entry Shape", options=["Arrow",
"Triangle"])
sellShapeOption = switch sellShapeInput
"Arrow" => shape.arrowdown
"Triangle" => shape.triangledown
buyShapeOption = switch buyShapeInput
"Arrow" => shape.arrowup
"Triangle" => shape.triangleup
O = open
C = close
H = high
L = low
sellEntry = (C[1] > O[1]) and (C < O) and (H[1] < H) and (C < H[1]) and (C > L[1])
and (L > L[1]) and (C < emaInd) and sessionOpen and time_cond
buyEntry = (C[1] < O[1]) and (C > O) and (H[1] > H) and (L[1] > L) and (C < H[1])
and (C > L[1]) and (C > emaInd) and sessionOpen and time_cond
sellEntry_index = ta.valuewhen(sellEntry,bar_index,0)
sellEntry_hi = ta.valuewhen(sellEntry,high,0)
sellEntry_low = ta.valuewhen(sellEntry,low,0)
buyEntry_index = ta.valuewhen(buyEntry,bar_index,0)
buyEntry_hi = ta.valuewhen(buyEntry,high,0)
buyEntry_lo = ta.valuewhen(buyEntry,low,0)
plotshape(buyEntry, color = color.green, location = location.belowbar, style =
buyShapeOption, size = size.small)
plotshape(sellEntry, color = color.red, location = location.abovebar, style =
sellShapeOption, size = size.small)
plot(emaInd, color=emaColor)
// Risk Management
entry_price_long = (buyEntry_hi + syminfo.mintick)
entry_price_short = (sellEntry_low - syminfo.mintick)
long_sl_price = (buyEntry_lo-syminfo.mintick)
short_sl_price = (sellEntry_hi + syminfo.mintick)
long_tp_price = ((entry_price_long - long_sl_price)*rr) + entry_price_long
short_tp_price = entry_price_short - ((short_sl_price - entry_price_short)*rr)
long_sl_ticks = (entry_price_long - long_sl_price) / syminfo.mintick
short_sl_ticks = (short_sl_price - entry_price_short) / syminfo.mintick
long_tp_ticks = (long_tp_price - entry_price_long) / syminfo.mintick
short_tp_ticks = (entry_price_short - short_tp_price) / syminfo.mintick
// Positions
if (buyEntry)
strategy.entry("Long", strategy.long,stop = H + syminfo.mintick)
if strategy.position_size > 0
strategy.exit("Long Ex","Long", loss = long_sl_ticks, profit = long_tp_ticks,
comment_loss = "SL Long", comment_profit = "TP Long")
if (sellEntry)
strategy.entry("Short", strategy.short,stop = L - syminfo.mintick)
if strategy.position_size < 0
strategy.exit("Short Ex","Short",loss = short_sl_ticks, profit =
short_tp_ticks, comment_loss = "SL Short", comment_profit = "TP Short")
// Cancel order if close beyond ema
if (C < emaInd)
strategy.cancel("Long")
if (C > emaInd)
strategy.cancel("Short")
// Go flat at close (for futures funded account)
if strategy.position_size > 0 and flatOpen
strategy.close_all(comment = "EOD Flat")
if strategy.position_size < 0 and flatOpen
strategy.close_all(comment = "EOD Flat")
//END
