How to Convert a TradingView Indicator to an Algo Strategy (Part 1)

Published on 18 May 2025 | πŸ‘οΈ 122


TradingView is a treasure trove of powerful indicators, many of which are free and loved by the trading community. With just a little coding effort, you can take these indicators and convert them into fully functional trading strategies. In this blog series, we will walk you through the process of transforming a popular TradingView indicator into an automated strategy that you can actually backtest, refine, and even deploy live.

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πŸ” Why This Matters

  1. TradingView Indicators Are a Great Starting Point: Many traders rely on popular indicators for charting and analysis. These indicators often encapsulate proven technical logic that can serve as the foundation of a strong strategy.
  2. From Idea to Execution Selecting an indicator is just the beginning. We’ll show how to take its logic and convert it into actionable trading rules. This means turning visual cues (like trend signals) into actual entry/exit conditions.
  3. Learn by Doing Instead of just theory, we'll go step-by-step with a real indicator. You’ll see exactly how the logic is implemented, tested, and optimized for better performance.

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🧠 What You’ll Learn in This Series

By the end of this blog series, you’ll understand: 

βœ… How to convert any indicator into a TradingView strategy script

βœ… How to add filtering rules to avoid false signals

βœ… How to test robustness using analytics and out-of-sample testing

βœ… How to prepare your strategy for automated live trading

Yes, we’re going all the way — from open-source code to automation.

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🎯 Our Example: The HalfTrend Indicator by Everget

For this tutorial, we’re choosing the HalfTrend indicator, one of the most popular trend-following indicators on TradingView, with over 10,000 likes. This indicator gives clean visual signals, making it ideal for conversion into a rule-based strategy. If you haven’t checked it out yet, you can find it on TradingView by searching for “HalfTrend by everget.”

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πŸš€ What’s Next?

In Part 2, we’ll: Break down the Pine Script code of HalfTrend

  • Define clear entry and exit rules
  • Start converting it into a strategy script
  • Run backtests and begin performance evaluation

But that’s not where we stop...

πŸ‘‰ After finalizing the strategy, I will deploy it into a live trading account and publish all the trades in real-time so you can track its actual performance. No curve-fitting, no cherry-picking — just full transparency.

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Stay tuned and subscribe to our blog to follow the journey from chart to code to live trading. Have an indicator in mind you’d like to see converted next? Just let us know.