CODEWITHSUNDEEP
pine-scripttrading
Muchammad Miftachul Arif
Muchammad Miftachul Arif

Reputation: 5

Take first sign pine script

I've been trying for the build sign in version 2. However this is getting executed in version 4. Can someone help me with this in version 2? Thank you so much

enter image description here

// Determine currently LONG or SHORT
isLong = nz(isLong[1], false)
isShort = nz(isShort[1], false)

// Buy or Sell only if the buy signal is triggered and not already long or short
buySignal = not isLong and buy
sellSignal = not isShort and sell

if (buySignal)
    isLong := true
    isShort := false

if (sellSignal)
    isLong := false
    isShort := true
    
plotshape(series=buySignal, text='Buy', style=shape.labelup, location=location.belowbar, offset=0, color=#009688, textcolor=#ffffff, size=size.small)

plotshape(series=sellSignal, text='Sell', style=shape.labeldown, location=location.abovebar, offset=0, color=#F44336, textcolor=#ffffff, size=size.small)

Upvotes: 0

Views: 315

Answers (1)

vitruvius
vitruvius

Reputation: 21342

Upgrade your script to v5 and get rid of isShort, you don't need it.

//@version=5
indicator("My script", overlay=true)

_sma = ta.sma(close, 9)

buy = ta.crossover(close, _sma)
sell = ta.crossunder(close, _sma)

// Determine currently LONG or SHORT
var isLong = false

// Buy or Sell only if the buy signal is triggered and not already long or short
buySignal = not isLong and buy
sellSignal = isLong and sell

if (buySignal)
    isLong := true

if (sellSignal)
    isLong := false

plot(_sma)
plotshape(series=buySignal, text='Buy', style=shape.labelup, location=location.belowbar, offset=0, color=#009688, textcolor=#ffffff, size=size.small)
plotshape(series=sellSignal, text='Sell', style=shape.labeldown, location=location.abovebar, offset=0, color=#F44336, textcolor=#ffffff, size=size.small)

enter image description here

Upvotes: 0

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