by 
This strategy plots Bollinger Bands on the price chart with adjustable length, standard deviation, and offset. It defines buy and sell zones using candle size percentage and body size thresholds. Long positions enter when the lower zone is breached without con
Strategy · Pine Script v5 · On the chart
NY
This strategy combines a fast Hull Moving Average with Bollinger Bands to generate mean-reversion signals.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code57
Settings9inputs
LicenceNone stated
Last update1 year ago7 Oct 2025
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
NY opens a long position when the calculated Hull Moving Average crosses above the lower Bollinger Band, and opens a short position when it crosses below the upper Bollinger Band. Position exits are managed using customizable fixed take-profit targets, stop losses, and trailing stops measured in points. Inputs allow tuning of the moving average period, Bollinger Bands length, standard deviation multiplier, and exit distances. The script overlay plots directly on the main price chart.
- Hull Moving Average and Bollinger Bands signal logic
- Configurable profit target and stop loss in points
- Trailing stop loss with offset controls
Details
Published by
wynnforthework on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| period | int | 3 | n |
| i | int | 1 | i |
| length1 | int | 20 | length1 |
| Source | source | close | src |
| mult | float | 2.0 | mult |
| TP | int | 500 | TP |
| SL | int | 500 | SL |
| TS | int | 20 | TS |
| TO | int | 10 | TO |
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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