Simple Backtest with Tradingview/Pine script 

A very informative video and with my 7 months experience of forex trading and one thing I can assure is having a mentor or a tutor constantly guiding and teaching you can go a long way in making you successful.

Much appreciated it! I love that you speak fast, write a simple logical script and show the process. Something that some other videos take an hour to do and I don't have patience for it. Thanks so much!

Dennis... THANK YOU. Great video. You covered major points, and fast! Much obliged.

Thank you. I just started pine script today (but with a fair bit of previous programming experience). Your video was really clear and helpful!

Dude, you are so clear and explain things like crystal water, been looking for this kind of tutorial for ages, I’m subbing 🙂

thanks for this. you showed us the general view of backtesting. it would be nice if you could also show us the "EFFECTIVITY of the STRATEGY" like focusing on the success and effectiveness - GAINS vs LOSS as this is the main reason why we're backtesting

Great video! Thank you for keeping everything simple and concise!

Finally a decent video on the topic. Great content dude!

the way code was explained and fine tuned ,was easy to follow

Just came across your video today, great help to get started! Thanks for sharing!

Modern and relevant information, straight to the point, thank you very much Im so glad I found your video

Great intro to backtesting in TradeView with PineScript Editor.. Very clear. Thank you.

Excellent video, thanks for sharing, it includes some of the main points I was looking for, all this sounds now less overwhelming.

Of course great video. I haven't seen many like this one. On the other hand. It adds to my feeling of an overwhelming amount of backtesting work. I would estimate at present I have 3 years of backtesting to do. This just adds even more work.

Hi! It shows error " could not find function or function reference 'sma'. I put ema, ma but it shows same error. Please help me.

Hi, i would like to know how to do this transactions in real time with the paper account and viewing each one trade on the label of the paper trading? Do you know how to do this? Thank you

Thanks Dennis!! Awesome contents! I programmed my first pine script within an hour.

This was incredibly helpful. I'm going back in to see what the 1000.0 Contracts in the settings #23 & 24 represent.

Very clear! Thanks for the introduction!!

Thanks! That was simple and easy to understand. Transforming your strategy in code requires more tinkering though.

Wow the exact strategy I am looking into....what a find!

You have next level skills! Thanks so much for all the quality content! Maybe you or someone on here can point me in the right direction. Is there a way to split consecutive similar signals in order to alert them separately in Pine? My study script spits out 3 consecutive similar buy signals and I would like to add an alert separately to each to pyramid my orders via alert automation. So... in short I would like to buy bigger on each similar signal in a study script. Any help would be greatly appreciated.

Best guide on pine scripts. Thanks

Finally i completed my indicator. Thank you so much! Subscribed.

I enjoyed this video very much, I have been struggling to learn MT4/MQL4, so I decided to go with Pine/TradingView instead and great videos like this one are one of the reasons why! Plus I am also learning JS so Pine is very easy to pick up Thank You

great and simple video.. time to write some serious code

Very nice video sir., Sir How can we add RSI, MACD and SMA together . Look should be same as we add each one by one. But if I want all on one click what can we do..?

Great tutorial. Thank you so much for making this!

Thanks much! I wanted to learn MA cross pine script and you certainly did that! Now I need to find out how to change the data periodicity from daily to weekly in pine script. Does anyone know how?

This is awesome! Thank you for sharing your knowledge

This is an amazingly informative video, thanks so much!

Good one I was waiting to see if you noticed that the signal was not showing on the chart because you were on 2014 when the signal did not start until 2015. 😁👍

Concise and neat explanation. thanks for sharing

Here's the simple backtest. //@version=4 strategy("Moving Average Crossover") ema20 = ema(close, 20) ema50 = ema(close, 50) long = ema20 > ema50 short = ema20 < ema50 strategy.entry("long", strategy.long, 1000.0, when=long) strategy.entry("short", strategy.short, 1000.0, when=short)

this was amazing, thank you for this

Hey Dennis, won't this strategy open a trade every time one EMA is above the other, not only on the crossing? How can we make it only on the crossover? Thanks

Hello. When setting commission as percentage, does it charge commission when both entering and exiting trade, or entering only?

Hey Dennis, this tutorial is EXTREMELY helpful. Thank you.

Very interesting, thanks for making this

It's a great totorial. I say that as a professional software developer. You should in fact consider going to udemy (if thats any profitable in general). The instructors there are quite good and you seem to be able to keep up.

Excellently done.

I keep gettig "no data" when i run the initial code and help ?

Hello sir, will you please create a video which explains how to work with sessions(Intraday , Weekly or Monthly) Example-Suppose I have a pine script,but I want it to run only when "DAY SESSION STARTS" . How to code it with pine script? Thanks in advance👍

Great Video!! Can you help me to understand how can we run a strategy over a list of stock?

cant find a way to check if the price = last 2 days high/ low trying this: strategy("2 day high low", overlay = true, calc_on_every_tick=true) long = crossover(lowest(2)) sell = crossover(highest(2)) strategy.entry("Long", strategy.long, 35, when = long) strategy.close("Long", when = sell)

Quick and dirty, just like I needed it. Ta.

Sir, I want to code for a candlestick color i.e. if candle's real body is less than 50% of entire range/body of candle then that candle's color should be blue Plz help me to do it.

Hey dennis, first of all.. Thanks for this great video ! I was wondering if this pine coding gives signal in realtime or just used for backtesting

This is fantastic. Thanks, from 2020.

Simple and amazing video. But how to code to close position at end of the day?

the trades arnt showing cause you set the dates to 2015 to 2019 and you are zoomed into 2013..

Hi, i try to make a crossing ema strattegy, but i want to buy and sell just exactlly when the crossing ema happen, not in the open or close of the candle. It is anny way to calculate at real time, like( calc_on_every_tick ) the value of each ema and place the order exactlly when the crossing ema happen? Also i want to make it possible to view it and prove it on simulated strategy. Please help me. Thanks.

Hi Dennis .. thanks a ton for this information. I have one question I have created my code and wants to show sell alert when candle closes below emi .. and buy alert when candle closes crossing ema line. Please please help

thnx bro. i want to learn pine script pls suggest any channel or videos. Thnx again

Hi Dennis. Thanks for this. I already have script written by a developer but I cannot work out how to use the script to backtest on BTC, ETH, SOL, BCH, BNB, etc. Please could you help?

This is what i need

what versoin of pine editor are you using? ema is giving me an error. ta.ema instead?

Thanks!, simple and direct 👍🏻

i want to do algo trading from the strategy which i build in trading view ........how should i do....

Thank you very much! :)

written: Line 13 if time >= start and time

But SPX is only options. Mostly 0DTE expiry. Any idea on how to implement that?

very well explained. thank u!

Great¡¡¡¡ very helpful

hi, your work is smart. is it possible to copy and paste the script in here?

Are you on the highest tier subscription of TV? Because me it only lets do like 4 monhts back.

Greetings brother, very grateful for sharing your knowledge with the rest of us ... I confess that I have only been getting to know pine, but I have stalled in one detail and it is frustrating me not being able to continue ... I need to do a kind of trigger ... imagine an indicator that reached a value x, and returned ... an rsi for example, reached level 70 and returned, but I am interested in maintaining that record, something like SignalSale = 1 if rsi exceeds level 70 and that when it falls below 70 the value of SignalSale remains = 1 ... I would greatly appreciate some guidance

Great video bro thanks so much.

Great tutorial, thanks a lot.

please create more strategy testing videos, and kindly advise from where I can learn pine script, Thanks !

Super good!! If you wanna combine like an EMA strategy and set a condition like if ema4 >= sma6 "and macd = green" or something? I found this but can't make it work: macd = macd(close, 12,26,5) where macd color = color.green. I have an EMA+SMA strategy and wanna include like if my MACD is in green (I added the last one to 5 instead of 9 for a bit faster). Want to make it work.

Dennis Hi, Really great content and thanks for posting, I keep getting this error (Add to Chart operation failed, reason: Could not find function or function reference hma) I tried changing the reference to ema like yours but still get the error? I will take it up with tradingview but I thought I'd give it a shot in this forum. Any help would be so awesome and thanks! Paul

Great video

Can you suggest me how to backtest a single moving average accuracy on list of stocks in tradingview

Nice sir, but how to code base on % profit taking i mean, how to create strategy using 1 risk 2 reward and money management too

Hi mate thanks for the video, I followed your example to learn but I'm getting an error when I add to chart that states undeclared identifier longcondition and undeclared identifier shortcondtion not sure what i did wrong?

Should this work with basic free account? In mine it says to go on pro account when pressed add to chart

thank you very much

Much obliged.

Thanks a lot!

good job mate!

why use closeshort for closing long position and vise versa?

hi, the last order was still open. how can we close all position at the last trade? thanks.

How do i calculate a particular candles high/low example 5th candle ? of a particular session

Great! But was this video in a lower resolution than expected or is it just me?

It's a good feature but i somehow find this not well controlled, like you cannot backtest of the close condition happens at candle close or at the highest profit or exactly at a percentage profit

Loved it!

Hello I have no experience of coding in pine. I want to test a strategy where long condition is go long if the highest of the last three candles is crossed and go short if the lowest of the last three candle is crossed. Tine= 1 hourly chart

What do you type or omit if you do not want to go short?

Super helpful! 🙏👊👊

Great video ! Can you help me as I cannot ADD TO THE CHART the strategy as i don’t have “ADD TO CHART” ( between “Save”and “Public Script”) ? Thanks a t Lot 🙏🏻

Hello sir, how to plot horizontal line at the high-low of particular bar_indexes for real time data....Thanks in advance👍

Very helpful!

great content

Hello Sir, can you provide me with a pinescript for Open Equals Low candlesticks in an Hourly time frame or any time frame with a signal. It will be easier to find OEL candles quickly.

thank you so much for the video

Broker: you wanna buy or sell ? Trading view code : yes

Hi, Brother... Plz Reply I want to perform (Exponent) a^b That is Power of No. For eg. 2^3 = 8 How to perform this in Pine Editor (script) Plz Reply, Waiting for Ur valuable Reply

Hello Dennis, Thanks for the tutorial. In my strategy I want to define my Take Profit at the highest peak of the last two candles. How can I do this in the pine editor? Thanks

❤️❤️