by 
This strategy overlays a trend moving average and Supertrend bands directly on the price chart while calculating Stochastic RSI values internally. Long positions trigger when price exceeds the moving average, Supertrend signals bullish momentum, and the StochR
Strategy · Pine Script v6 · On the chart
alpyvix
This strategy implements a self-calibrating WaveTrend oscillator with rolling percentile-based dynamic entry zones rather than fixed levels.
GitHub stars2on the repository
Pine versionv6current
Lines of code259
Settings34inputs
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
alpyvix enters long positions when the oscillator enters lower percentile zones and short positions in upper percentile zones, with optional filters for a 200 EMA trend, adaptive ADX regime, volume spikes, and RSI. Exits use adaptive ATR-based stop-loss and take-profit levels scaled by rolling volatility rank. The strategy operates as an overlay directly on the price chart.
- Dynamic WaveTrend entry thresholds based on rolling percentiles
- Adaptive ATR stop loss and take profit scaling
- Optional adaptive ADX trend regime filter
- Configurable EMA, volume, and RSI confirmation filters
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum, Volatility & bands, Trend
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| From Year | int | 2023 | fromYear |
| From Month | int | 10 | fromMonth |
| From Day | int | 1 | fromDay |
| Thru Year | int | 3000 | thruYear |
| Thru Month | int | 1 | thruMonth |
| Thru Day | int | 1 | thruDay |
| Channel Length | int | 10 | n1 |
| Average Length | int | 21 | n2 |
| WT2 Smoothing | int | 4 | wt_smooth |
| Overbought L1 | float | 60 | obL1 |
| Overbought L2 | float | 53 | obL2 |
| Oversold L2 | float | -53 | osL2 |
Show all 34 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Oversold L1 | float | -60 | osL1 |
| Percentile Lookback (bars) | int | 100 | adapt_lookback |
| Long Entry Percentile (0-49) | float | 20 | long_pct |
| Short Entry Percentile (51-99) | float | 80 | short_pct |
| Enable EMA Trend Filter | bool | false | use_trend_filter |
| Trend EMA Length | int | 200 | trend_ema_len |
| Enable Adaptive ADX Filter | bool | false | use_adx |
| ADX Length | int | 14 | adx_len |
| ADX Median Lookback | int | 50 | adx_lookback |
| Enable Volume Filter | bool | false | use_vol_filter |
| Volume MA Length | int | 20 | vol_ma_len |
| Volume Spike Multiplier | float | 1.2 | vol_mult |
| Enable RSI Filter | bool | false | use_rsi_filter |
| RSI Length | int | 14 | rsi_len |
| RSI Long Max (< value) | int | 50 | rsi_long_max |
| RSI Short Min (> value) | int | 50 | rsi_short_min |
| ATR Length | int | 14 | atr_len |
| Base SL Multiplier (ATR) | float | 1.5 | atr_sl_mult |
| Base TP Multiplier (ATR) | float | 3.0 | atr_tp_mult |
| ATR Rank Lookback | int | 50 | atr_lookback |
| Risk % Per Trade | float | 1.0 | risk_pct |
| Max Drawdown Circuit-Breaker (%) | float | 15.0 | max_dd_pct |
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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