ALGOX: Free TradingView Strategy (Pine Script)

Add It to Your TradingView Chart

1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
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

ALGOX generates trade entries based on configurable setups, moving average trends, and higher-timeframe inputs. Users can apply sideways market filters using customizable RSI and ATR threshold combinations. The strategy manages exits through multi-tiered take-profit targets with selectable ATR or trailing stop mechanisms, and it includes backtest date filters alongside performance summary displays. Higher-timeframe data requests can introduce lookahead bias or repainting in historical testing.

Multi-tier take profit execution
RSI and ATR sideways market filtering
Higher-timeframe security requests
Selectable trailing or ATR exit logic
Integrated strategy performance metrics

Details

Published by

IAMATOMIC001 on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)
Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

Strategy/ALGOX v13.pine

Repository

github.com/IAMATOMIC001/TradingView-MT4-MT5-Indicators-Strategies-Collection. See its other scripts in the library

Settings

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

Setting	Type	Default	Variable
What TPS should be taken :	`string`	`Trailing`	`TPSType`
What Trading Setup should be taken :	`string`	`Open/Close`	`setupType`
Show coloured Bars to indicate Trend?	`bool`	`true`	`scolor`
Enable Ribbon?	`bool`	`false`	`almaRibbon`
Enable Backtesting Range Filtering	`bool`	`true`	`enableFilter`
Start Date	`time`	`timestamp("01 Jan 2023 00:00 +0300")`	`fromDate`
End Date	`time`	`timestamp("31 Dec 2099 00:00 +0300")`	`toDate`
Sideways Filtering Input	`string`	`filter5`	`typefilter`
TOP Limit	`int`	`45`	`toplimitrsi`
BOT Limit	`int`	`10`	`botlimitrsi`
EMA1_length	`int`	`2`	`EMA1_length`
EMA2_length	`int`	`10`	`EMA2_length`

Show all 21 settings

Setting	Type	Default	Variable
Qty TP1	`float`	`50`	`i_lxQtyTP1`
Qty TP2	`float`	`30`	`i_lxQtyTP2`
Qty TP3	`float`	`20`	`i_lxQtyTP3`
Strategy Performance	`bool`	`true`	`drawTester`
Weekly Performance	`bool`	`false`	`i_showweeklyPerformance`
Monthly Performance	`bool`	`false`	`i_showMonthlyPerformance`
Plot EMA?	`bool`	`true`	`showcloud`
Use Higher Time Frame?	`bool`	`true`	`useHTF`
Plot Dema?	`bool`	`true`	`showAtr`

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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