BlockchainSpecialists

SMS Strategy [Nicholas Merten] - Blockchain Specialists

Hi, this is my interpretation of the indicator previous coded by u/SandRocks99 - His version can be found by searching:

"SMS Indicator"

*Please check out this indicator first*

My version of the SMS strategy functions as a TradingView Strategy to show where Long Positions (or Short Positions) could be entered. It also allows for every indicator variable to be altered and fine tuned to try and improve the strategy.

Also, as a bonus I've made an optional addition of a Percentage Trailing Stop.

To fix how it looks please go into Style Settings and un-check every box excluding 'Points Required' and 'Strategy Points'.

Any issues let me know.

Versionsinformation:
Updated to show MACD Fast & Slow values.
Versionsinformation:
Updated to improve plotting.
Versionsinformation:
Updated to improve strategy logic.
Versionsinformation:
Updated to correct missing plot variable.
Versionsinformation:
Updated to fix bug in MACD formula.
Versionsinformation:
Updated to correct Stochastic Formula issue.
Versionsinformation:
Updated to allow 'Complex Rules' to be disabled. These include minimum differences in MACD and Stochastic line values and other minor strategy rules.

Also added optional alternate price source for indicator calculations.

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