SMA With Shorting & Stop Loss

// Must Define Params: lowSMA, highSMA, stopLoss
// Define imports
import { BTH } from "../infra/interfaces"
import { indicatorSMA } from "../indicators/moving-averages"
// SMA Strategy With Shorthing and Stop Loss
export async function sma(bth: BTH) {
// Get low and high SMA and stop loss from input
const lowSMAInput = bth.params.lowSMA
const highSMAInput = bth.params.highSMA
const stopLoss = bth.params.stopLoss
// Get last candles based on low and high SMA
const lowSMACandles = await bth.getCandles('close', 0, lowSMAInput)
const highSMACandles = await bth.getCandles('close', 0, highSMAInput)
// Get low and high SMA
const lowSMA = await indicatorSMA(lowSMACandles, lowSMAInput, 1)
const highSMA = await indicatorSMA(highSMACandles, highSMAInput, 1)
// Buy long if lowSMA crosses over highSMA and set stop loss
if (lowSMA > highSMA) {
// Sell if bought into a short
if (bth.orderBook.boughtShort) await bth.sell()
// Only buy if not already bought into a long
if (!bth.orderBook.boughtLong) {
await bth.buy({ stopLoss: bth.currentCandle.close * (1 - (stopLoss / 100)) })
}
}
// Buy short if lowSMA crosses under highSMA
else {
// Sell if bought into a long
if (bth.orderBook.boughtLong) await bth.sell()
// Only buy if not already bought into a short
if (!bth.orderBook.boughtLong) {
await bth.buy({ position: 'short', stopLoss: bth.currentCandle.close * (1 + (stopLoss / 100)) })
}
}
}