CODEWITHSUNDEEP
pine-scripttradingpine-script-v5
Noah Haitas
Noah Haitas

Reputation: 23

How to fix alert on every candle with startegy

I have a strategy with 2 EMA that is automated by a bot.

When FastMA crossover SlowMA = buy when FastMA crossunder SlowMA = Sell

When I set my alert on the strategy, it rings on every single candle open rather than on the crossovers, when the strategy should buy or sell. Because of this, my startegy buys and sells or sells and buys instantly therefore canceling out the trade.

My questions is the following: How do i make it that the only alarm that rings is when a crossover/crossunder occurs and an order places itself?

I am running it on Oanda Practice to test it before i run it with real capital

Below is my alert section

strategy.entry('Buy', strategy.long, when=goLong())
alert("e=oandapractice a=localhost s=silver b=long q=1 t=market d=5", alert.freq_all)
alert("e=oandapractice a=localhost s=silver q=1 t=market c=position", alert.freq_all)

strategy.entry('Sell', strategy.short, when=goShort())
alert("e=oandapractice a=localhost s=silver b=short q=1 t=market d=5", alert.freq_all)
alert("e=oandapractice a=localhost s=silver q=1 t=market c=position", alert.freq_all)

Upvotes: 0

Views: 600

Answers (1)

vitruvius
vitruvius

Reputation: 21342

You should add an if condition to trigger your alerts.

Something like:

is_new_long_position = strategy.position_size[1] == 0 and strategy.position_size > 0

if (is_new_long_position)
    alert("e=oandapractice a=localhost s=silver b=long q=1 t=market d=5", alert.freq_all)
    alert("e=oandapractice a=localhost s=silver q=1 t=market c=position", alert.freq_all)

Upvotes: 0

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