Strategy · Pine Script v6 · On the chart

AlgoBot GC Mean-Reversion Strategy

by ghostnathan30-ops

A gold futures strategy meant for the micro contract on the 30-minute chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code82
Settings8inputs
LicenceNone stated
Last update6 months ago26 Apr 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

AlgoBot GC Mean-Reversion Strategy records the first New York hour range from 9:30 to 10:30, then fades the first breakout between 10:30 and 13:00, taking the opposite direction of the break. ATR-based stop and target levels are calculated from the signal bar close, with the target set as a multiple of the stop distance. Inputs cover market choice, risk mode, contract limits and multipliers. Signals are intended for webhook alerts, and the author notes a small out-of-sample sample.

Details

Published by

ghostnathan30-ops on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Mean reversion, Sessions & time

Markets

Gold

Timeframes

M15-H1

Risk Notes

  • The strategy enters trades without a stop loss

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Webhook SecretstringCHANGE_ME_RANDOM_SECRET_HEREwebhook_secret
MarketstringMGCmarket
Risk Modestringsaferisk_mode
Max Contractsint1max_cts
Size Multiplierfloat1.0size_mult
Stop ATR Multfloat1.0stop_atr_mult
Target Rfloat1.0target_r
GLS Scoreint70gls_score
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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