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This strategy combines the Price Moving Average Ratio Percentile (PMARP) with Madrid Moving Average Ribbon concepts to identify overextended price conditions and trend shifts. It calculates PMAR or PMARP across selectable moving average types and a lookback wi
Strategy · Pine Script v4 · Own pane
Alper
Alper is a Pine Script v4 strategy that plots a WaveTrend oscillator in a separate pane and colors bars when the two WaveTrend lines cross.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code98
Settings16inputs
LicenceNone stated
Last update7 months ago5 Mar 2026
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
Alper requests one-minute Binance DOGE perpetual prices, builds fast and slow RSI values, and enters long or short only inside a fixed 2021 date window when the WaveTrend relationship and the RSI difference agree. Channel length, RSI lengths, and overbought or oversold levels are adjustable. Trailing-stop inputs are declared, but the shown logic has no exit or stop-loss orders.
- WaveTrend oscillator with channel length
- Fast and slow RSI difference filter
- Date-windowed long and short entries
- Overbought and oversold level plots
- Cross markers on WaveTrend lines
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum, Scalping
Markets
Crypto
Timeframes
M1-M5
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| fromMonth | int | 5 | fromMonth |
| fromDay | int | 19 | fromDay |
| thruMonth | int | 12 | thruMonth |
| thruDay | int | 21 | thruDay |
| fromYear | int | 2021 | fromYear |
| thruYear | int | 2021 | thruYear |
| Channel Length | int | 10 | n1 |
| n2 | int | 30 | n2 |
| Length Fast RSI | int | 5 | len_fast |
| Length Slow RSI | int | 14 | len_slow |
| Over Bought Level 1 | int | 70 | obLevel1 |
| Over Bought Level 2 | int | 53 | obLevel2 |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Over Sold Level 1 | int | -70 | osLevel1 |
| Over Sold Level 2 | int | -53 | osLevel2 |
| Trailing Stop Loss | int | 5000 | inpTrailStopL |
| Trailing Stop Loss | int | 5000 | inpTrailStopS |
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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