ProTraderKit

Moving Average (MA) Code

          //@version=5
strategy("Half Trend Strategy", overlay=true)

// Input parameters
ma_length = input.int(20, title="Moving Average Length")
target_points = input.int(100, title="Target Points")
stop_loss_points = input.int(50, title="Stop Loss Points")

// Calculate Moving Average
ma = ta.sma(close, ma_length)

// Determine trend
trend_up = close > ma
trend_down = close < ma

// Strategy logic
long_condition = trend_up and trend_up[1] == false
short_condition = trend_down and trend_down[1] == false

// Plot Moving Average
plot(ma, color=color.blue, title="Moving Average")

// Strategy entry
if long_condition
    strategy.entry("Long", strategy.long)
if short_condition
    strategy.entry("Short", strategy.short)

// Calculate target and stop loss levels
long_target = strategy.position_avg_price + target_points
long_stop_loss = strategy.position_avg_price - stop_loss_points
short_target = strategy.position_avg_price - target_points
short_stop_loss = strategy.position_avg_price + stop_loss_points

// Strategy exit
strategy.exit("Long Exit", "Long", limit=long_target, stop=long_stop_loss)
strategy.exit("Short Exit", "Short", limit=short_target, stop=short_stop_loss)