TradingViewBackTest

//@version=4
strategy("Crypto Monday-Wednesday Strategy", overlay=true)

// User-configurable parameters
entryHour = input(defval=22, title="Entry Hour", minval=0, maxval=23)
entryDay = input(defval=dayofweek.monday, title="Entry Day", options=[dayofweek.monday, dayofweek.tuesday, dayofweek.wednesday, dayofweek.thursday, dayofweek.friday, dayofweek.saturday, dayofweek.sunday])
exitHour = input(defval=1, title="Exit Hour", minval=0, maxval=23)
exitDay = input(defval=dayofweek.wednesday, title="Exit Day", options=[dayofweek.monday, dayofweek.tuesday, dayofweek.wednesday, dayofweek.thursday, dayofweek.friday, dayofweek.saturday, dayofweek.sunday])
positionSizePercent = input(defval=0.80, title="Position Size (%)", minval=0.01, maxval=1.0)
lossPercent = input(defval=0.02, title="Loss Percentage (%)", minval=0.01, maxval=1.0)

// Calculate position size based on initial equity
initial_equity = strategy.equity[0]
positionSize = initial_equity * positionSizePercent / close

// Mutable variables
var tradeActive = false
var stopLossPrice = 0.0

// Entry Condition: User-defined day and hour
longCondition = (hour == entryHour) and (dayofweek == entryDay)
if (longCondition)
    tradeActive := true
    stopLossPrice := close * (1 - (lossPercent / positionSizePercent))
    strategy.entry("Trade Entry", strategy.long, qty=positionSize, stop=stopLossPrice)

// Exit Condition: User-defined day and hour
closeCondition = (hour == exitHour) and (dayofweek == exitDay)

// Check if stop loss was hit
stopLossHitCondition = tradeActive and low <= stopLossPrice
if (stopLossHitCondition)
    strategy.close("Trade Entry")
    tradeActive := false

// Close on user-defined exit day and hour
if (closeCondition)
    strategy.close("Trade Entry")
    tradeActive := false

// Plotting
plotshape(series=longCondition, title="Entry Signal", location=location.belowbar, color=color.green, style=shape.labelup, text="Buy")
plotshape(series=closeCondition or stopLossHitCondition, title="Exit Signal", location=location.abovebar, color=color.red, style=shape.labeldown, text="Sell")
plotshape(series=stopLossHitCondition, title="Stop Loss Hit", location=location.abovebar, color=color.orange, style=shape.labeldown, text="SL")