OPEN-SOURCE SCRIPT

Signal Tester (v1.2)

Updated
This is an automation test Strategy, which helps you to get Strategy Alerts quickly on the 1m chart.

This is useful when you want to start automating Strategies but first you want to see if the connection between TradingView and your automation tool works properly.

This Strategy sends LONG Buy/Sell signals every 1 minute so you don't have to wait for a long time to see if your integration with an automation tool works.

How it works:
  • It works on the 1m chart
  • Every 1 minute it will send a BUY or a SELL signal (alternating between them forever)
Release Notes
Made it so that the strategy starts trading 3 minutes ago, so that you can also test absolute order sizes by setting the "Initial capital" to (a little lower than) your capital on the exchange.

This way you can be sure the Signal Tester is not sending too large quantities to purchase.

Also set the default qty value to 100% otherwise it can happen that you are confused why the Signal Tester is sending very small quantities per trade. Now it's sending what you expect it to.

Happy testing :)
educational

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

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