SPX Trading Strategy for ThinkorSwim

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DDW said:
Impressive short entry and short exit signals from yesterday 3:30pm and today 10:40am

Capture.png
Click to expand...
nice. i usually close at EOD
 

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@DDW Good idea. Here is v6. For longs, there will be a green reversed arrow and shorts reversed red arrow to exit. Notice the 2 new options. You can either exit with either MACDBB or profit target, or with only MACDBB.

Python: 
# SPX Strategy
# Strategy designed by Hypoluxa
# barbaros - v1 - 2021/02/25
# barbaros - v2 - 2021/02/25 - added warning arrows, alerts, statistics and non SPX trading option
# barbaros - v3 - 2021/02/26 - added SMA plots, chart type, and price plot
# barbaros - v4 - 2021/03/02 - added trade time limit and do not cross before start time
# barbaros - v5 - 2021/03/02 - added direction label
# barbaros - v6 - 2021/03/03 - added alerts, exit at profit delta, arrows for exiting position, and changed defaults to show all

# Setup
# 10 Min chart
# Heikin Ashi candles
# SMA 3/9
# MACD Bollinger Bands (the one Ben has posted on here a while back) 8,16,36 and uncheck "show plot" on the BB upper, BB lower and BB mid line. You will only be using the zero line, MACD dots and MACD Line for entry purposes. The inputs of "b length" and "bb num dev" are irrelevant here since you will remove the the plots that I mentioned.
# ErgodicOsc 2,10,36 (changed the default negative to red)

# Option call logic:
# 1. The SMA's have to cross first.
# 2. For a call opportunity, you will then wait to see if the MACD dots cross above the MACD zero line. Its critical here to wait until one dot has cleared the zero line...you MUST see a gap....never enter with the dot on the line. Dots must be consistent as well...if its going up...then they must all be white...if a red dot populates between the time a white dot hits the zero line and the time one crosses clear....don't enter. I have a screenshot below showing this example - 13:00 a red dot appears.
# 3. The ErgodicOsc HAS to be green when the MACD dot crosses above the zero line. You can hold the trade most of the time until this turns from green to red....but I always set a sell limit just in case it whips back in the opposite direction.

# Option put logic:
# Obviously its the complete opposite of what I've described above for a call. BUT - the SMA's still have to cross first.

# Note:
# Historical price action testing shows that if the MACDBB crosses zerobase before 9:40 EST, do not take the trade. Also, there might be too much choppiness after 15:00 EST.

declare upper;

input price = close;
input SMAFastLength = 3;
input SMASlowLength = 9;
input BBlength = 30;
input BBNum_Dev = 0.8;
input BBCrossInBars = 3;
input BBCrossDistance = 1.0;
input MACDfastLength = 8;
input MACDslowLength = 16;
input MACDLength = 36;
input ERGODICLongLength = 2;
input ERGODICShortLength = 10;
input ERGODICSignalLength = 36;
input ERGODICAverageType = {"SIMPLE", default "EXPONENTIAL", "WEIGHTED", "WILDERS", "HULL"};
input ShowWarnArrows = yes;
input ShowCloseArrows = yes;
input ShowLabels = yes;
input ShowStatistics = yes;
input ExitAtProfitDelta = yes;
input ProfitDelta = 1.0;
input LimitTime = yes;
input StartTime = 940;
input EndTime = 1500;
input DoNotCrossBeforeStart = yes;
input AllowNonSPX = no;

# Check for 10min chart
Assert(AllowNonSPX or GetAggregationPeriod() == AggregationPeriod.TEN_MIN, "Incorrect Chart Time, use 10m");
Assert(AllowNonSPX or GetSymbol() == "SPX", "Incorrect Chart Time, use 10m");

# MACD
def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);
def MACD_Direction = if MACD_Data > MACD_Data[1] then 1 else -1;

# Ergodic
def Ergodic_Data = ErgodicOsc("long length" = ERGODICLongLength, "short length" = ERGODICShortLength, "signal length" = ERGODICSignalLength, "average type" = ERGODICAverageType).ErgodicOsc;

# SMAs
def SMA_Fast = SimpleMovingAvg(price, SMAFastLength);
def SMA_Slow = SimpleMovingAvg(price, SMASlowLength);

# Time Limit
def isTradeTime = if LimitTime then SecondsFromTime(StartTime) >= 0 and SecondsTillTime(EndTime) >= 0 else yes;
def isNotCrossBeforeStart = if DoNotCrossBeforeStart and SecondsFromTime(StartTime) == 0 then !((MACD_Data crosses above 0 within 2 bars) or (MACD_Data crosses below 0 within 2 bars)) else yes;

# Signals
def buySignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data >= BBCrossDistance and MACD_Data crosses above 0 within BBCrossInBars bars;
def buyWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data crosses above 0 within BBCrossInBars bars;
#def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
#def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

# Plots
plot buy = buySignal and !buySignal[1];
buy.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buy.setDefaultColor(Color.GREEN);
buy.setLineWeight(3);

plot buyWarn = if ShowWarnArrows then buyWarnSignal and !buyWarnSignal[1] else Double.NaN;
buyWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buyWarn.setDefaultColor(Color.CYAN);
buyWarn.setLineWeight(1);
buyWarn.setHiding(!ShowWarnArrows);

plot sell = sellSignal and !sellSignal[1];
sell.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sell.setDefaultColor(Color.RED);
sell.setLineWeight(3);

plot sellWarn = if ShowWarnArrows then sellWarnSignal and !sellWarnSignal[1] else Double.NaN;
sellWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sellWarn.setDefaultColor(Color.MAGENTA);
sellWarn.setLineWeight(1);
sellWarn.setHiding(!ShowWarnArrows);

plot lastPrice = price;
lastPrice.setPaintingStrategy(PaintingStrategy.POINTS);
lastPrice.setDefaultColor(Color.GREEN);

plot fast = SMA_Fast;
fast.setPaintingStrategy(PaintingStrategy.LINE);
fast.setDefaultColor(Color.CYAN);
fast.setLineWeight(1);

plot slow = SMA_Slow;
slow.setPaintingStrategy(PaintingStrategy.LINE);
slow.setDefaultColor(Color.MAGENTA);
slow.setLineWeight(1);

SetChartType(ChartType.HEIKIN_ASHI);

# PnL
def entryPrice = if (buySignal and !buySignal[1]) or (sellSignal and !sellSignal[1]) then close else entryPrice[1];
def profitTarget = if buySignal and !buySignal[1] then entryPrice + ProfitDelta else if sellSignal and !sellSignal[1] then entryPrice - ProfitDelta else profitTarget[1];
def orderDir = if BarNumber() == 1 then 0
               else if orderDir[1] == 0 and buySignal and !buySignal[1] then 1
               else if orderDir[1] == 1 and (MACD_Direction != 1 or (ExitAtProfitDelta and close crosses above profitTarget)) then 0
               else if orderDir[1] == 0 and sellSignal and !sellSignal[1] then -1
               else if orderDir[1] == -1 and (MACD_Direction != -1 or (ExitAtProfitDelta and close crosses below profitTarget)) then 0
               else orderDir[1];

def isOrder = if IsNaN(orderDir) then no else orderDir crosses 0;
def orderCount = CompoundValue(1, if IsNaN(isOrder) then 0 else if isOrder then orderCount[1] + 1 else orderCount[1], 0);

def orderWinners = if BarNumber() == 1 then 0
                    else if orderDir[1] == 1 and orderDir == 0 then
                        if close >= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
                    else if orderDir[1] == -1 and orderDir == 0 then
                        if close <= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
            else orderWinners[1];
def winRate = orderWinners / orderCount;

AddLabel(ShowLabels, "SPX Strategy", Color.WHITE);
AddLabel(ShowLabels, if buy then "Buy"
                     else if sell then "Sell"
                     else if buyWarn or sellWarn then "Warn"
                     else if orderDir == 1 then "Long"
                     else if orderDir == -1 then "Short"
                     else "Neutral",
                     if buy then Color.GREEN
                     else if sell then Color.RED
                     else if buyWarn then Color.YELLOW
                     else if sellWarn then Color.LIGHT_RED
                     else if orderDir == 1 then Color.YELLOW
                     else if orderDir == -1 then Color.LIGHT_RED
                     else Color.GRAY
);
AddLabel(ShowLabels and ShowStatistics, "" + orderCount + " Trades | " + AsPercent(winRate), if winRate > 0.5 then Color.GREEN else Color.RED);

# Plot Exit Positions
plot buyExit = orderDir[1] == 1 and orderDir != 1;
buyExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
buyExit.setDefaultColor(Color.GREEN);
buyExit.setLineWeight(3);
buyExit.setHiding(!ShowCloseArrows);

plot sellExit = orderDir[1] == -1 and orderDir != -1;
sellExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
sellExit.setDefaultColor(Color.RED);
sellExit.setLineWeight(3);
sellExit.setHiding(!ShowCloseArrows);


# Alerts
Alert(buy, "Buy", Alert.BAR, Sound.Ring);
Alert(sell, "Sell", Alert.BAR, Sound.Ring);
Alert(buyWarn, "Buy Warning", Alert.BAR, Sound.Ding);
Alert(sellWarn, "Sell Warning", Alert.BAR, Sound.Ding);
Alert(buyExit, "Buy Exit", Alert.BAR, Sound.Ring);
Alert(sellExit, "Sell Exit", Alert.BAR, Sound.Ring);
 
barbaros said:
@DDW Good idea. Here is v6. For longs, there will be a green reversed arrow and shorts reversed red arrow to exit. Notice the 2 new options. You can either exit with either MACDBB or profit target, or with only MACDBB.

Python: 
# SPX Strategy
# Strategy designed by Hypoluxa
# barbaros - v1 - 2021/02/25
# barbaros - v2 - 2021/02/25 - added warning arrows, alerts, statistics and non SPX trading option
# barbaros - v3 - 2021/02/26 - added SMA plots, chart type, and price plot
# barbaros - v4 - 2021/03/02 - added trade time limit and do not cross before start time
# barbaros - v5 - 2021/03/02 - added direction label
# barbaros - v6 - 2021/03/03 - added alerts, exit at profit delta, arrows for exiting position, and changed defaults to show all

# Setup
# 10 Min chart
# Heikin Ashi candles
# SMA 3/9
# MACD Bollinger Bands (the one Ben has posted on here a while back) 8,16,36 and uncheck "show plot" on the BB upper, BB lower and BB mid line. You will only be using the zero line, MACD dots and MACD Line for entry purposes. The inputs of "b length" and "bb num dev" are irrelevant here since you will remove the the plots that I mentioned.
# ErgodicOsc 2,10,36 (changed the default negative to red)

# Option call logic:
# 1. The SMA's have to cross first.
# 2. For a call opportunity, you will then wait to see if the MACD dots cross above the MACD zero line. Its critical here to wait until one dot has cleared the zero line...you MUST see a gap....never enter with the dot on the line. Dots must be consistent as well...if its going up...then they must all be white...if a red dot populates between the time a white dot hits the zero line and the time one crosses clear....don't enter. I have a screenshot below showing this example - 13:00 a red dot appears.
# 3. The ErgodicOsc HAS to be green when the MACD dot crosses above the zero line. You can hold the trade most of the time until this turns from green to red....but I always set a sell limit just in case it whips back in the opposite direction.

# Option put logic:
# Obviously its the complete opposite of what I've described above for a call. BUT - the SMA's still have to cross first.

# Note:
# Historical price action testing shows that if the MACDBB crosses zerobase before 9:40 EST, do not take the trade. Also, there might be too much choppiness after 15:00 EST.

declare upper;

input price = close;
input SMAFastLength = 3;
input SMASlowLength = 9;
input BBlength = 30;
input BBNum_Dev = 0.8;
input BBCrossInBars = 3;
input BBCrossDistance = 1.0;
input MACDfastLength = 8;
input MACDslowLength = 16;
input MACDLength = 36;
input ERGODICLongLength = 2;
input ERGODICShortLength = 10;
input ERGODICSignalLength = 36;
input ERGODICAverageType = {"SIMPLE", default "EXPONENTIAL", "WEIGHTED", "WILDERS", "HULL"};
input ShowWarnArrows = yes;
input ShowCloseArrows = yes;
input ShowLabels = yes;
input ShowStatistics = yes;
input ExitAtProfitDelta = yes;
input ProfitDelta = 1.0;
input LimitTime = yes;
input StartTime = 940;
input EndTime = 1500;
input DoNotCrossBeforeStart = yes;
input AllowNonSPX = no;

# Check for 10min chart
Assert(AllowNonSPX or GetAggregationPeriod() == AggregationPeriod.TEN_MIN, "Incorrect Chart Time, use 10m");
Assert(AllowNonSPX or GetSymbol() == "SPX", "Incorrect Chart Time, use 10m");

# MACD
def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);
def MACD_Direction = if MACD_Data > MACD_Data[1] then 1 else -1;

# Ergodic
def Ergodic_Data = ErgodicOsc("long length" = ERGODICLongLength, "short length" = ERGODICShortLength, "signal length" = ERGODICSignalLength, "average type" = ERGODICAverageType).ErgodicOsc;

# SMAs
def SMA_Fast = SimpleMovingAvg(price, SMAFastLength);
def SMA_Slow = SimpleMovingAvg(price, SMASlowLength);

# Time Limit
def isTradeTime = if LimitTime then SecondsFromTime(StartTime) >= 0 and SecondsTillTime(EndTime) >= 0 else yes;
def isNotCrossBeforeStart = if DoNotCrossBeforeStart and SecondsFromTime(StartTime) == 0 then !((MACD_Data crosses above 0 within 2 bars) or (MACD_Data crosses below 0 within 2 bars)) else yes;

# Signals
def buySignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data >= BBCrossDistance and MACD_Data crosses above 0 within BBCrossInBars bars;
def buyWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data crosses above 0 within BBCrossInBars bars;
#def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
#def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

# Plots
plot buy = buySignal and !buySignal[1];
buy.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buy.setDefaultColor(Color.GREEN);
buy.setLineWeight(3);

plot buyWarn = if ShowWarnArrows then buyWarnSignal and !buyWarnSignal[1] else Double.NaN;
buyWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buyWarn.setDefaultColor(Color.CYAN);
buyWarn.setLineWeight(1);
buyWarn.setHiding(!ShowWarnArrows);

plot sell = sellSignal and !sellSignal[1];
sell.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sell.setDefaultColor(Color.RED);
sell.setLineWeight(3);

plot sellWarn = if ShowWarnArrows then sellWarnSignal and !sellWarnSignal[1] else Double.NaN;
sellWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sellWarn.setDefaultColor(Color.MAGENTA);
sellWarn.setLineWeight(1);
sellWarn.setHiding(!ShowWarnArrows);

plot lastPrice = price;
lastPrice.setPaintingStrategy(PaintingStrategy.POINTS);
lastPrice.setDefaultColor(Color.GREEN);

plot fast = SMA_Fast;
fast.setPaintingStrategy(PaintingStrategy.LINE);
fast.setDefaultColor(Color.CYAN);
fast.setLineWeight(1);

plot slow = SMA_Slow;
slow.setPaintingStrategy(PaintingStrategy.LINE);
slow.setDefaultColor(Color.MAGENTA);
slow.setLineWeight(1);

SetChartType(ChartType.HEIKIN_ASHI);

# PnL
def entryPrice = if (buySignal and !buySignal[1]) or (sellSignal and !sellSignal[1]) then close else entryPrice[1];
def profitTarget = if buySignal and !buySignal[1] then entryPrice + ProfitDelta else if sellSignal and !sellSignal[1] then entryPrice - ProfitDelta else profitTarget[1];
def orderDir = if BarNumber() == 1 then 0
               else if orderDir[1] == 0 and buySignal and !buySignal[1] then 1
               else if orderDir[1] == 1 and (MACD_Direction != 1 or (ExitAtProfitDelta and close crosses above profitTarget)) then 0
               else if orderDir[1] == 0 and sellSignal and !sellSignal[1] then -1
               else if orderDir[1] == -1 and (MACD_Direction != -1 or (ExitAtProfitDelta and close crosses below profitTarget)) then 0
               else orderDir[1];

def isOrder = if IsNaN(orderDir) then no else orderDir crosses 0;
def orderCount = CompoundValue(1, if IsNaN(isOrder) then 0 else if isOrder then orderCount[1] + 1 else orderCount[1], 0);

def orderWinners = if BarNumber() == 1 then 0
                    else if orderDir[1] == 1 and orderDir == 0 then
                        if close >= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
                    else if orderDir[1] == -1 and orderDir == 0 then
                        if close <= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
            else orderWinners[1];
def winRate = orderWinners / orderCount;

AddLabel(ShowLabels, "SPX Strategy", Color.WHITE);
AddLabel(ShowLabels, if buy then "Buy"
                     else if sell then "Sell"
                     else if buyWarn or sellWarn then "Warn"
                     else if orderDir == 1 then "Long"
                     else if orderDir == -1 then "Short"
                     else "Neutral",
                     if buy then Color.GREEN
                     else if sell then Color.RED
                     else if buyWarn then Color.YELLOW
                     else if sellWarn then Color.LIGHT_RED
                     else if orderDir == 1 then Color.YELLOW
                     else if orderDir == -1 then Color.LIGHT_RED
                     else Color.GRAY
);
AddLabel(ShowLabels and ShowStatistics, "" + orderCount + " Trades | " + AsPercent(winRate), if winRate > 0.5 then Color.GREEN else Color.RED);

# Plot Exit Positions
plot buyExit = orderDir[1] == 1 and orderDir != 1;
buyExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
buyExit.setDefaultColor(Color.GREEN);
buyExit.setLineWeight(3);
buyExit.setHiding(!ShowCloseArrows);

plot sellExit = orderDir[1] == -1 and orderDir != -1;
sellExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
sellExit.setDefaultColor(Color.RED);
sellExit.setLineWeight(3);
sellExit.setHiding(!ShowCloseArrows);


# Alerts
Alert(buy, "Buy", Alert.BAR, Sound.Ring);
Alert(sell, "Sell", Alert.BAR, Sound.Ring);
Alert(buyWarn, "Buy Warning", Alert.BAR, Sound.Ding);
Alert(sellWarn, "Sell Warning", Alert.BAR, Sound.Ding);
Alert(buyExit, "Buy Exit", Alert.BAR, Sound.Ring);
Alert(sellExit, "Sell Exit", Alert.BAR, Sound.Ring);
Click to expand...
profit delta is just an addition to the entry price right? so for example if we have an entry price of 3850 and we have profit delta of 5 then the profit target is 3855?? right? either that or MACD turns whichever comes first... am I reading this correcT?
 
DDW said:
Impressive short entry and short exit signals from yesterday 3:30pm and today 10:40am

Capture.png
Click to expand...
Did you hold it overnight? That put signal is valid tho? It does not show signal in mine, not sure if i missed anything in the code. I copied the final version of @barbaros
 
Hi everyone,

When I plug this into TOS study:

I'm getting a message saying "Incorrect Chart Time, use 10m

When I hover over the exclamation point, I get a message saying "Complex script, you may experience greater load times".

Tried to do research on it using Google/Reddit, and came up short.

If anybody else can point me in the right direction it would be greatly appreciated!

Update: I found a post on this thread that provided an explanation from Thursday at 11:44 PM
 
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babouin77 said:
profit delta is just an addition to the entry price right? so for example if we have an entry price of 3850 and we have profit delta of 5 then the profit target is 3855?? right? either that or MACD turns whichever comes first... am I reading this correcT?
Click to expand...
Correct is long position it is added and short position it is subtracted. I'm also considering making it ATR based.
 
barbaros said:
@DDW Good idea. Here is v6. For longs, there will be a green reversed arrow and shorts reversed red arrow to exit. Notice the 2 new options. You can either exit with either MACDBB or profit target, or with only MACDBB.

Python: 
# SPX Strategy
# Strategy designed by Hypoluxa
# barbaros - v1 - 2021/02/25
# barbaros - v2 - 2021/02/25 - added warning arrows, alerts, statistics and non SPX trading option
# barbaros - v3 - 2021/02/26 - added SMA plots, chart type, and price plot
# barbaros - v4 - 2021/03/02 - added trade time limit and do not cross before start time
# barbaros - v5 - 2021/03/02 - added direction label
# barbaros - v6 - 2021/03/03 - added alerts, exit at profit delta, arrows for exiting position, and changed defaults to show all

# Setup
# 10 Min chart
# Heikin Ashi candles
# SMA 3/9
# MACD Bollinger Bands (the one Ben has posted on here a while back) 8,16,36 and uncheck "show plot" on the BB upper, BB lower and BB mid line. You will only be using the zero line, MACD dots and MACD Line for entry purposes. The inputs of "b length" and "bb num dev" are irrelevant here since you will remove the the plots that I mentioned.
# ErgodicOsc 2,10,36 (changed the default negative to red)

# Option call logic:
# 1. The SMA's have to cross first.
# 2. For a call opportunity, you will then wait to see if the MACD dots cross above the MACD zero line. Its critical here to wait until one dot has cleared the zero line...you MUST see a gap....never enter with the dot on the line. Dots must be consistent as well...if its going up...then they must all be white...if a red dot populates between the time a white dot hits the zero line and the time one crosses clear....don't enter. I have a screenshot below showing this example - 13:00 a red dot appears.
# 3. The ErgodicOsc HAS to be green when the MACD dot crosses above the zero line. You can hold the trade most of the time until this turns from green to red....but I always set a sell limit just in case it whips back in the opposite direction.

# Option put logic:
# Obviously its the complete opposite of what I've described above for a call. BUT - the SMA's still have to cross first.

# Note:
# Historical price action testing shows that if the MACDBB crosses zerobase before 9:40 EST, do not take the trade. Also, there might be too much choppiness after 15:00 EST.

declare upper;

input price = close;
input SMAFastLength = 3;
input SMASlowLength = 9;
input BBlength = 30;
input BBNum_Dev = 0.8;
input BBCrossInBars = 3;
input BBCrossDistance = 1.0;
input MACDfastLength = 8;
input MACDslowLength = 16;
input MACDLength = 36;
input ERGODICLongLength = 2;
input ERGODICShortLength = 10;
input ERGODICSignalLength = 36;
input ERGODICAverageType = {"SIMPLE", default "EXPONENTIAL", "WEIGHTED", "WILDERS", "HULL"};
input ShowWarnArrows = yes;
input ShowCloseArrows = yes;
input ShowLabels = yes;
input ShowStatistics = yes;
input ExitAtProfitDelta = yes;
input ProfitDelta = 1.0;
input LimitTime = yes;
input StartTime = 940;
input EndTime = 1500;
input DoNotCrossBeforeStart = yes;
input AllowNonSPX = no;

# Check for 10min chart
Assert(AllowNonSPX or GetAggregationPeriod() == AggregationPeriod.TEN_MIN, "Incorrect Chart Time, use 10m");
Assert(AllowNonSPX or GetSymbol() == "SPX", "Incorrect Chart Time, use 10m");

# MACD
def MACD_Data = MACD(fastLength = MACDfastLength, slowLength = MACDslowLength, MACDLength = MACDLength);
def MACD_Direction = if MACD_Data > MACD_Data[1] then 1 else -1;

# Ergodic
def Ergodic_Data = ErgodicOsc("long length" = ERGODICLongLength, "short length" = ERGODICShortLength, "signal length" = ERGODICSignalLength, "average type" = ERGODICAverageType).ErgodicOsc;

# SMAs
def SMA_Fast = SimpleMovingAvg(price, SMAFastLength);
def SMA_Slow = SimpleMovingAvg(price, SMASlowLength);

# Time Limit
def isTradeTime = if LimitTime then SecondsFromTime(StartTime) >= 0 and SecondsTillTime(EndTime) >= 0 else yes;
def isNotCrossBeforeStart = if DoNotCrossBeforeStart and SecondsFromTime(StartTime) == 0 then !((MACD_Data crosses above 0 within 2 bars) or (MACD_Data crosses below 0 within 2 bars)) else yes;

# Signals
def buySignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data >= BBCrossDistance and MACD_Data crosses above 0 within BBCrossInBars bars;
def buyWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast > SMA_Slow and Ergodic_Data > 0 and MACD_Direction == 1 and MACD_Data crosses above 0 within BBCrossInBars bars;
#def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
#def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

def sellSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data <= -BBCrossDistance and MACD_Data crosses below 0 within BBCrossInBars bars;
def sellWarnSignal = isTradeTime and isNotCrossBeforeStart and SMA_Fast < SMA_Slow and Ergodic_Data < 0 and MACD_Direction == -1 and MACD_Data crosses below 0 within BBCrossInBars bars;

# Plots
plot buy = buySignal and !buySignal[1];
buy.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buy.setDefaultColor(Color.GREEN);
buy.setLineWeight(3);

plot buyWarn = if ShowWarnArrows then buyWarnSignal and !buyWarnSignal[1] else Double.NaN;
buyWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
buyWarn.setDefaultColor(Color.CYAN);
buyWarn.setLineWeight(1);
buyWarn.setHiding(!ShowWarnArrows);

plot sell = sellSignal and !sellSignal[1];
sell.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sell.setDefaultColor(Color.RED);
sell.setLineWeight(3);

plot sellWarn = if ShowWarnArrows then sellWarnSignal and !sellWarnSignal[1] else Double.NaN;
sellWarn.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
sellWarn.setDefaultColor(Color.MAGENTA);
sellWarn.setLineWeight(1);
sellWarn.setHiding(!ShowWarnArrows);

plot lastPrice = price;
lastPrice.setPaintingStrategy(PaintingStrategy.POINTS);
lastPrice.setDefaultColor(Color.GREEN);

plot fast = SMA_Fast;
fast.setPaintingStrategy(PaintingStrategy.LINE);
fast.setDefaultColor(Color.CYAN);
fast.setLineWeight(1);

plot slow = SMA_Slow;
slow.setPaintingStrategy(PaintingStrategy.LINE);
slow.setDefaultColor(Color.MAGENTA);
slow.setLineWeight(1);

SetChartType(ChartType.HEIKIN_ASHI);

# PnL
def entryPrice = if (buySignal and !buySignal[1]) or (sellSignal and !sellSignal[1]) then close else entryPrice[1];
def profitTarget = if buySignal and !buySignal[1] then entryPrice + ProfitDelta else if sellSignal and !sellSignal[1] then entryPrice - ProfitDelta else profitTarget[1];
def orderDir = if BarNumber() == 1 then 0
               else if orderDir[1] == 0 and buySignal and !buySignal[1] then 1
               else if orderDir[1] == 1 and (MACD_Direction != 1 or (ExitAtProfitDelta and close crosses above profitTarget)) then 0
               else if orderDir[1] == 0 and sellSignal and !sellSignal[1] then -1
               else if orderDir[1] == -1 and (MACD_Direction != -1 or (ExitAtProfitDelta and close crosses below profitTarget)) then 0
               else orderDir[1];

def isOrder = if IsNaN(orderDir) then no else orderDir crosses 0;
def orderCount = CompoundValue(1, if IsNaN(isOrder) then 0 else if isOrder then orderCount[1] + 1 else orderCount[1], 0);

def orderWinners = if BarNumber() == 1 then 0
                    else if orderDir[1] == 1 and orderDir == 0 then
                        if close >= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
                    else if orderDir[1] == -1 and orderDir == 0 then
                        if close <= profitTarget[1] then orderWinners[1] + 1 else orderWinners[1]
            else orderWinners[1];
def winRate = orderWinners / orderCount;

AddLabel(ShowLabels, "SPX Strategy", Color.WHITE);
AddLabel(ShowLabels, if buy then "Buy"
                     else if sell then "Sell"
                     else if buyWarn or sellWarn then "Warn"
                     else if orderDir == 1 then "Long"
                     else if orderDir == -1 then "Short"
                     else "Neutral",
                     if buy then Color.GREEN
                     else if sell then Color.RED
                     else if buyWarn then Color.YELLOW
                     else if sellWarn then Color.LIGHT_RED
                     else if orderDir == 1 then Color.YELLOW
                     else if orderDir == -1 then Color.LIGHT_RED
                     else Color.GRAY
);
AddLabel(ShowLabels and ShowStatistics, "" + orderCount + " Trades | " + AsPercent(winRate), if winRate > 0.5 then Color.GREEN else Color.RED);

# Plot Exit Positions
plot buyExit = orderDir[1] == 1 and orderDir != 1;
buyExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
buyExit.setDefaultColor(Color.GREEN);
buyExit.setLineWeight(3);
buyExit.setHiding(!ShowCloseArrows);

plot sellExit = orderDir[1] == -1 and orderDir != -1;
sellExit.setPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
sellExit.setDefaultColor(Color.RED);
sellExit.setLineWeight(3);
sellExit.setHiding(!ShowCloseArrows);


# Alerts
Alert(buy, "Buy", Alert.BAR, Sound.Ring);
Alert(sell, "Sell", Alert.BAR, Sound.Ring);
Alert(buyWarn, "Buy Warning", Alert.BAR, Sound.Ding);
Alert(sellWarn, "Sell Warning", Alert.BAR, Sound.Ding);
Alert(buyExit, "Buy Exit", Alert.BAR, Sound.Ring);
Alert(sellExit, "Sell Exit", Alert.BAR, Sound.Ring);
Click to expand...
@barbaros - I added this as a strategy but it is not showing any signals on the chart. I am using 10D 10M TF.
 
Guys, make sure you set up your charts correctly. If there is a small exclamation button on the top left of the chart, click it, it will tell you what's wrong.

There are two versions circulating. The one that I am maintaining and the one that @babouin77 added strategy orders to an older version. If there is a desire to have a strategy version, we can convert the study to strategy and have one to maintain.
 
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