Conversion of strategy tester from pinescript T.view

• 10/18/2023 at 6:00 PM #222630
  HottoSenpai

  Hello so i was using tradingview and i have gotten en script for backtesting my strategy but i want to move to prorealtime.
  Strategy is Simple. Trading begine after specific candle open for example lets use 9:15 – 9:20. lets call it main bar It will be at 5min chart always.

  Entry point will be closing of prior bar that was created between 9:15-9:20. Trade buy will be when the price will cross high of prior (main) bar + 2 points after 9:20.

  Trade sell will be when the price will cross low of prior (main) bar + 2 points.

  SL will be size of the main bar + 2 points ,TP will be 2RR ( double size of specific SL) It will trade till first win but not more that 4 trades in one day. Each trade need to be open from main bar levels for buy and sell. I will insert here the code from pinescript.
  //@version=5

  strategy(title=”Custom Session Strategy”, overlay=true, default_qty_value=100, initial_capital=100000, max_lines_count=500, default_qty_type=strategy.percent_of_equity, pyramiding=0, process_orders_on_close=true)

  tz = input.string(“UTC+2”, title=’TimeZone’)

  // Trading Session

  in_session(sess) =>

      t = time(timeframe.period, sess, tz)

      r = na(t) ? false : true

      r

  session = input.session(“1415-1500″, title=”Trading Session”) + “:1234567”

  sessionx = input.session(“1415-1550″, title=”Exit Trades after this”) + “:1234567”

  inSess = in_session(session)

  inSessx = in_session(sessionx)

  bgcolor(inSess ? color.new(color.orange, 90) : na)

  start = inSess and not inSess[1]

  h = ta.valuewhen(start, high[0], 0)

  l = ta.valuewhen(start, low[0], 0)

  r = h – l

  e = input(2.0, title=’Entry Points’)

  sl = input(2.0, title=’SL Points’)

  plot(inSess ? h + e : na, color=color.orange, style=plot.style_linebr)

  plot(inSess ? l – e : na, color=color.orange, style=plot.style_linebr)

  sl_long = (h + e) – (r + sl)

  sl_short = (l – e) + (r + sl)

  tp = input.float(2.0, title=”Take Profit R:R”, minval=0, step=0.1)

  tp_long = (h + e) + math.abs((h + e) – sl_long) * tp

  tp_short = (l – e) – math.abs((l – e) – sl_short) * tp

  // Calculate the 1% profit threshold

  initial_risk = math.abs(h – (h + e))  // Initial risk for a long trade

  profit_threshold = initial_risk * 1.01  // 1% profit threshold

  // NEWDAY

  is_newbar(res) =>

      t = time(res)

      not na(t) and (na(t[1]) or t > t[1])

  newDay = is_newbar(“D”)

  newTrade = ta.change(strategy.closedtrades) > 0

  newWin = ta.change(strategy.wintrades) > 0

  trades_per_day = 0

  trades_per_day := newDay ? 0 : newTrade ? trades_per_day[1] + 1 : trades_per_day[1]

  wins_per_day = 0

  wins_per_day := newDay ? 0 : newWin ? wins_per_day[1] + 1 : wins_per_day[1]

  // Strategy Backtest Limiting Algorithm

  i_startTime = input.time(defval=timestamp(“01 Sep 2002 13:30 +0000″), title=”Backtesting Start Time”)

  i_endTime = input.time(defval=timestamp(“30 Sep 2099 19:30 +0000″), title=”Backtesting End Time”)

  timeCond = (time > i_startTime) and (time < i_endTime)

  equity = strategy.initial_capital + strategy.netprofit

  if inSess and equity > 0 and timeCond and strategy.opentrades == 0 and trades_per_day < 4

      strategy.entry(“long”, strategy.long, comment=’Long’, stop=h + e)

      strategy.exit(“SL/TPL”, from_entry=”long”, stop=sl_long, limit=tp_long, comment_profit=’TP’, comment_loss=’SL’)

      if (close >= (h + e) + profit_threshold)

          strategy.exit(“Move SL to BE”, from_entry=”long”, stop=h + e)

  if strategy.position_size > 0 and strategy.position_size[1] <= 0

      line.new(bar_index – 1, sl_long, bar_index + 2, sl_long, color=color.red)

  if inSess and equity > 0 and timeCond and strategy.opentrades == 0 and wins_per_day == 0

      strategy.entry(“short”, strategy.short, comment=’Short’, stop=l – e)

      strategy.exit(“SL/TPS”, from_entry=”short”, stop=sl_short, limit=tp_short, comment_profit=’TP’, comment_loss=’SL’)

      if (close <= (l – e) – profit_threshold)

          strategy.exit(“Move SL to BE”, from_entry=”short”, stop=l – e)

  if not inSess or trades_per_day == 4 or wins_per_day > 0 or equity < 0

      strategy.cancel(“long”)

      strategy.cancel(“short”)

      if not inSessx

          strategy.close_all(comment=’Exit’)

  

  HottoSenpai

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