Momentum Strategy Script
Copy and Paste the below scripts in tradingview pine editor and click on add to the chart.
//@version=4
study(“Momentum Strategy-Sandesh Koli”, overlay=true)
fourth= close < open
third= close[1] > open[1]
second= close[2] > open[2]
first= close[3] > open[3]
buy= fourth and third and second and first
plotshape(buy, style=shape.triangleup, location=location.belowbar, color=color.green, size=size.tiny, text = ‘Buy at highnSL at low’)
five= close > open
six= close[1] < open[1]
seven= close[2] < open[2]
eight= close[3] < open[3]
sell= five and six and seven and eight
plotshape(sell, style=shape.triangledown, location=location.abovebar, color=color.red, size=size.tiny, text = ‘sell at lown SL at high’)
If u see the below error:
Add to Chart operation failed, reason: line 2: no viable alternative at character ‘“’
Remove ” at line 2 and again type “
If u see the below error:
Add to Chart operation failed, reason: line 11: no viable alternative at character ‘‘’
Remove ‘ at line 11 and again type ‘