by 
This strategy plots dynamic pivot-based support and resistance trendlines on the price chart and trades breakouts beyond those lines. By default it allows longs only when EMA 50 is above EMA 200 and an RSI-SMA momentum filter is met, with an ATR entry buffer.
Strategy · Pine Script v4 · On the chart
Alpy Kazan2
This strategy detects momentum shifts using the WaveTrend oscillator where wt1 crosses above wt2 for long entries and below for shorts.
Repaints
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code131
Settings18inputs
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
Fractal patterns confirm reversals with upFractal and downFractal signals based on high and low price swings over multiple bars. A time window filter restricts trading to specified hours and a test period in 2021. Additional inputs control oscillator levels, fractal periods, and band offsets. Trades draw directly on the price chart with overlay mode. No default stop loss or exit rules are defined beyond fractal and oscillator conditions. It supports pyramiding and repaints on the live bar.
- WaveTrend Oscillator
- Fractal Confirmation
- Momentum Cross Signals
- Time Window Filter
- Fractal Entry Detection
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Oscillators & momentum, Breakout, Support & resistance, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy can add several entries in the same direction
- 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 | 1 | fromMonth |
| fromDay | int | 1 | fromDay |
| thruMonth | int | 12 | thruMonth |
| thruDay | int | 30 | thruDay |
| fromYear | int | 2021 | fromYear |
| thruYear | int | 2021 | thruYear |
| Channel Length | int | 10 | n1 |
| Average Length | int | 21 | n2 |
| Over Bought Level 1 | int | 70 | obLevel1 |
| Over Bought Level 2 | int | 53 | obLevel2 |
| Over Sold Level 1 | int | -70 | osLevel1 |
| Over Sold Level 2 | int | -53 | osLevel2 |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Periods | int | 2 | n |
| Short Offset | int | 2 | upperBandValue |
| Long Offset | int | 2 | lowerBandValue |
| Target Profit % | float | 0.50 | tp |
| tp | float | 0.05 | _tp_long |
| tp | float | 0.05 | _tp_short |
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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