steps of Convert an indicator into strategy :
we are trying to load default Bollinger Band indicator from Tradingview and convert it into strategy.
- Signup to TradingView
- Load the indicator on chart
- Click on source code (curly brackets next to indicator title) to load the code into your pine editor.
- Make copy of the script. Remove the indicator on chart and load your copy of the script from pine editor
- Replace indicator call with strategy call
- Define your entry/exit conditions for long and short
- Add strategy.entry, strategy.exit, strategy.close calls based on the conditions to generate trades on chart
Useful references:
Signup at TradingView:
https://www.tradingview.com/gopro/?share_your_love=kaibacef2
Pine Reference Manual
https://www.tradingview.com/pine-script-reference/v5/#fun_strategy
