Greeffer's Scalping Strategy combines multi-timeframe Exponential Moving Averages, Bollinger Bands, and Donchian Channels to execute dip-buying trades directly on the price chart. It triggers long entries when price dips below both the lower Donchian Channel a
Strategy · Pine Script v5 · On the chart
BB StochRSI ADX Scalper
A mean reversion strategy that buys when price dips below the lower Bollinger Band while Stochastic RSI is oversold and crosses up, and sells short on the mirror setup at the upper band.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code75
Settings12inputs
LicenceNone stated
Last update2 days ago27 Oct 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
Entries are skipped when ADX is above a maximum, to avoid strong trends. Take profit and stop loss are ATR multiples, with a tight target and a wider stop by default. Default sizing uses the full equity per trade, and bands are drawn on the chart.
- Bollinger Band touch with Stochastic RSI cross
- ADX ceiling to avoid strong trends
- ATR-based take profit and stop loss
- Long and short entries
- Bands plotted on the chart
Details
Published by
surendra2304 on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
M1-M5
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.
Repository
Topics
algorithmic-tradingbacktestingpythonquantitative-financerisk-management
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| BB Length | int | 20 | bb_length |
| BB Standard Deviation | float | 2.1 | bb_mult |
| Stoch K | int | 3 | smoothK |
| Stoch D | int | 3 | smoothD |
| RSI Length | int | 14 | lengthRSI |
| Stochastic Length | int | 14 | lengthStoch |
| ADX Smoothing | int | 14 | adxlen |
| DI Length | int | 14 | dilen |
| Max ADX (Avoid Strong Trends) | int | 45 | max_adx |
| ATR Length | int | 14 | atr_length |
| Take Profit (ATR Multiplier) | float | 0.6 | tp_multiplier |
| Stop Loss (ATR Multiplier) | float | 3.0 | sl_multiplier |
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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