2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v5 · On the chart
BTC 15M Tight Stop Strategy
A strategy for 15-minute Bitcoin charts that opens a trade when several conditions agree: fast and slow EMA alignment, RSI inside a set band, MACD line and histogram direction, volume above a fraction of its average, price between the Bollinger basis and the nearer band, and a candle in the trade direction.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code129
Settings16inputs
LicenceNone stated
Last update4 weeks ago26 Sep 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
Each trade has an ATR-scaled stop and a small percentage take profit, with a cooldown between entries. One position at a time, sized at full equity by default. Short trades mirror the long rules.
- EMA, RSI, MACD, volume and Bollinger filters
- Long and short entries
- ATR-based stop and percentage take profit
- Cooldown bars between entries
- One position at a time
Details
Published by
Rahib00494 on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
M15-H1
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA | int | 8 | fastLen |
| Slow EMA | int | 18 | slowLen |
| RSI Length | int | 12 | rsiLen |
| Buy RSI Min | float | 50.0 | rsiBuyMin |
| Buy RSI Max | float | 65.0 | rsiBuyMax |
| Sell RSI Min | float | 35.0 | rsiSellMin |
| Sell RSI Max | float | 50.0 | rsiSellMax |
| MACD Fast | int | 10 | macdFast |
| MACD Slow | int | 24 | macdSlow |
| MACD Signal | int | 8 | macdSignal |
| ATR Length | int | 12 | atrLen |
| Stop Loss % (TIGHT) | float | 0.35 | riskPercent |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Take Profit % (SMALL) | float | 0.50 | takeProfitPercent |
| Bollinger Band Length | int | 20 | bbLen |
| BB Multiplier | float | 2.0 | bbMult |
| Cooldown Bars | int | 1 | cooldown |
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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