Pinescript with ATR strategy

[MrAgi1]

• Write a pinescript strategy that places the following orders at 12: 00 AM GMT every working day on GBPUSD.

1. 1 lot of GBPUSD buy stop order at ATR value+current candle open price.

2. 1 lot of GBPUSD buy limit order at (-ATR value/3) +current candle open price.

3. 1 lot of GBPUSD sell stop order at (-ATR value)+current candle open price.

4. 1 lot of GBPUSD sell limit order at ATR value/3 +current candle open price.

If trade 1 is activated, then traded 2 is deleted and vice versa. If trade 3 is activated, then trade 4 is deleted and vice versa.

 

[MrAgi1]

Not good with coding at all, so I tried to use some help online and arrived at the logic below. The problem is that I get the error message “your strategy did not generate any trade orders” in tradingview. Please who can help me solve the problem?


//@version=5
strategy("GBPUSD Orders", overlay=true)

// Function to convert time to GMT
to_GMT(_time) =>
sydney = 'GMT+0'
nz_time = _time
new_time = request.security(sydney, "D", nz_time)
new_time

// Check if it's 12:00 AM GMT
isLondonOpen = hour == 0 and minute == 0

// Calculate ATR
atrPeriod = input(14, title="ATR Period")
atrValue = ta.atr(atrPeriod)

// Calculate buy and sell levels
buyStop = isLondonOpen ? close + atrValue : na
buyLimit = isLondonOpen ? close - atrValue / 3 : na
sellStop = isLondonOpen ? close - atrValue : na
sellLimit = isLondonOpen ? close + atrValue / 3 : na

// Plotting orders
plotshape(series=buyStop, title="Buy Stop", location=location.belowbar, color=color.green, style=shape.triangleup, size=size.small)
plotshape(series=buyLimit, title="Buy Limit", location=location.abovebar, color=color.green, style=shape.triangledown, size=size.small)
plotshape(series=sellStop, title="Sell Stop", location=location.abovebar, color=color.red, style=shape.triangledown, size=size.small)
plotshape(series=sellLimit, title="Sell Limit", location=location.belowbar, color=color.red, style=shape.triangleup, size=size.small)

 

[MarkBrown]

chat gpt professional edition.. i have not verified this code m

//@version=5
indicator("GBPUSD Orders", overlay = true)

// Define session start time (12:00 AM GMT)
sessionStartHour = input(0, title = "Session Start Hour (GMT)")
sessionStartMinute = input(0, title = "Session Start Minute (GMT)")

// Define ATR length
atrLength = input(14, title = "ATR Length")

// Calculate ATR value
atrValue = ta.atr(atrLength)

// Calculate entry prices for buy and sell orders
buyStopPrice = atrValue + ta.open
buyLimitPrice = (-atrValue / 3) + ta.open
sellStopPrice = (-atrValue) + ta.open
sellLimitPrice = (atrValue / 3) + ta.open

// Calculate session time
sessionTime = ta.hour * 60 + ta.minute

// Initialize order variables
var order1 = na
var order2 = na
var order3 = na
var order4 = na

// Condition to check if it's a working day and the session time is 12:00 AM GMT
if ta.dayofweek >= 1 and ta.dayofweek <= 5 and sessionTime == sessionStartHour * 60 + sessionStartMinute
// Check if order 1 is not active and order 2 is not active
if na(order1) and na(order2)
// Place buy stop order
order1 := ta.buy_stop("Buy Stop", stop = buyStopPrice, qty = 1)

// Check if order 3 is not active and order 4 is not active
if na(order3) and na(order4)
// Place sell stop order
order3 := ta.sell_stop("Sell Stop", stop = sellStopPrice, qty = 1)

// Check for trade activations and deletions
if not na(order1) and ta.crossover(ta.close, buyLimitPrice)
// Delete order 2 if it's active
if not na(order2)
ta.cancel(order2)
// Delete order 3 if it's active
if not na(order3)
ta.cancel(order3)
// Delete order 4 if it's active
if not na(order4)
ta.cancel(order4)

if not na(order3) and ta.crossunder(ta.close, sellLimitPrice)
// Delete order 1 if it's active
if not na(order1)
ta.cancel(order1)
// Delete order 2 if it's active
if not na(order2)
ta.cancel(order2)
// Delete order 4 if it's active
if not na(order4)
ta.cancel(order4)

// Plot entry prices on the chart
plotshape(series = buyStopPrice, title = "Buy Stop", location = location.belowbar, color = color.green, style = shape.triangleup, size = size.small)
plotshape(series = buyLimitPrice, title = "Buy Limit", location = location.belowbar, color = color.green, style = shape.triangleup, size = size.small)
plotshape(series = sellStopPrice, title = "Sell Stop", location = location.abovebar, color = color.red, style = shape.triangledown, size = size.small)
plotshape(series = sellLimitPrice, title = "Sell Limit", location = location.abovebar, color = color.red, style = shape.triangledown, size = size.small)