cbb-strategy-trend-averages-LWmaOCx8-10.pine

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © bright_infinite

//@version=5
strategy("[CBB] LWMA OCx 8/10 - strat ", 
     shorttitle = "LWMAx 8/10 strat", 
     overlay=true,
     pyramiding=0,
     calc_on_every_tick=false,
     initial_capital=1000000,
     default_qty_type=strategy.percent_of_equity,
     default_qty_value=70,
     currency=currency.USD)

// ------------------------ Input
in_len_fastMa       = input.int(8, 'Fast ma Length')
in_len_slowMa       = input.int(10, 'Slow ma Length')
in_len_hma          = input.int(100, 'HMA Length')
in_src_fast         = input.source(close, 'Fast ma Source')
in_src_slow         = input.source(open, 'Slow ma Source')

// ------------------------ Functions
oc(thresh) =>
    result = (open > thresh) and (close > thresh) ? 1 : (open < thresh) and (close < thresh) ? -1 : na 
    result

// ------------------------ Vars
wma_8       = ta.wma(in_src_fast, in_len_fastMa)   // Gray Line
wma_10      = ta.wma(in_src_slow, in_len_slowMa) // black line
hma         = ta.hma(close, in_len_hma) 
_vwap       = ta.ema(ta.vwap, 20)

// ------------------------ PLOTS
plot(hma, 'HMA 50')
plot(wma_8, color=color.rgb(0, 0, 0, 60), title = 'WMA 8')
plot(wma_10, color=color.rgb(0, 0, 0), title = 'WMA 10')
plot(_vwap, color=color.red, title = 'VWAP 20')

// ------------------------ Signals
// L0          = ta.crossover(wma_8, wma_10) and wma_10 < hma
// CL0         = wma_8 < hma and open < hma
// S0          = ta.crossunder(wma_8, wma_10) and wma_10 > hma
// CS0         = wma_8 > hma and open > hma
L0          = ta.crossover(wma_8, wma_10) and wma_10 > hma
CL0         = wma_8 < hma and open < hma
S0          = ta.crossunder(wma_8, wma_10) and wma_10 < hma
CS0         = wma_8 > hma and open > hma



if (L0)
    // strategy.close("S0", comment = "CS0")
    strategy.entry("L0", strategy.long)
if (CL0)
    strategy.close("L0", comment = "CL0")
if (S0)
    // strategy.close("L0", comment = "CL0")
    strategy.entry("S0", strategy.short)
if (CS0)
    strategy.close("S0", comment = "CS0")