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Indicator · Pine Script v5 · On the chart
BTMM Alert System - Steve Mauro Method
This indicator implements Steve Mauro's Beat the Market Maker (BTMM) methodology on the price chart.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code264
Settings20inputs
LicenceNone stated
Last update1 year ago10 Jul 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 indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
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
BTMM Alert System - Steve Mauro Method plots the standard five-EMA food system (5, 13, 50, 200, and 800 EMAs) with optional labels and calculates an automated multi-point directional bias score. It detects perfect EMA alignment stacks and breaks of the 13 EMA confirmation line, displaying status in an on-chart bias table. Settings allow manual bias overrides, 15-minute timeframe enforcement, and customizable alert triggers.
- Steve Mauro five-EMA food system
- Automated BTMM directional bias scoring
- Perfect EMA stack detection
- 13 EMA Ketchup line break signals
- On-chart bias monitoring table
Details
Published by
jcortes254 on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Moving averages, Trend, Screeners & dashboards
Markets
Forex
Timeframes
M15-H1, H4 and above
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 |
|---|---|---|---|
| 5 EMA (Mustard) - Signal Line | int | 5 | ema_5_length |
| 13 EMA (Ketchup) - Confirmation Line | int | 13 | ema_13_length |
| 50 EMA (Water) - Intraday Trend | int | 50 | ema_50_length |
| 200 EMA (Mayo) - Long Term Trend | int | 200 | ema_200_length |
| 800 EMA (Blueberry Pie) | int | 800 | ema_800_length |
| Show EMA Lines | bool | true | show_emas |
| Show EMA Food Labels | bool | true | show_ema_labels |
| Auto BTMM Bias Detection | bool | true | auto_bias |
| Manual Bias Override | string | AUTO | manual_bias |
| Enforce 15M+ Bias Rule (Steve Mauro) | bool | true | enable_15m_bias_only |
| Show Lower TF Warning | bool | true | show_bias_warning |
| BTMM Bias Score Threshold | float | 2.0 | btmm_bias_score_threshold |
Show all 20 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Show BTMM Bias Table | bool | true | show_bias_table |
| Show Perfect Stack Alerts | bool | true | show_perfect_stack |
| Line Width | int | 2 | alerts_line_width |
| Label Size | string | normal | alerts_label_size |
| BTMM Bias Change Alerts | bool | true | enable_bias_alerts |
| Perfect Stack Alerts | bool | true | enable_stack_alerts |
| Ketchup Line Break Alerts | bool | true | enable_ketchup_alerts |
| Alert Frequency | string | once_per_bar | alert_frequency |
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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