Day Trading Strategy v2: Free TradingView Indicator (Pine Script)

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

Day Trading Strategy v2 plots 8 and 21 SMAs, higher-timeframe 200 SMAs, VWAP, the last five days of premarket highs and lows, and the 9:30–9:45 opening range. It marks patience-candle long and short arrows and auto-detected key levels. Toggles control each overlay, warning distance, level spacing, and push notifications. It reads higher-timeframe data with lookahead.

8 and 21 SMAs plus multi-timeframe 200 SMAs
Premarket high and low for five days
Opening range from 9:30 to 9:45 ET
Patience candle long and short arrows
Auto-detected key levels and push alerts

Details

Published by

mhs54 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Stocks

Timeframes

M1-M5, M15-H1

Risk Notes

Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

File

strategy_v2.pine

Repository

github.com/mhs54/tradingview-indicator. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Show 8 SMA	`bool`	`true`	`show_8`
col_8	`color`	`color.green`	`col_8`
width_8	`int`	`1`	`width_8`
Show 21 SMA	`bool`	`true`	`show_21`
col_21	`color`	`color.red`	`col_21`
width_21	`int`	`2`	`width_21`
Show 5min 200 SMA	`bool`	`true`	`show_200_5m`
col_200_5m	`color`	`color.yellow`	`col_200_5m`
width_200_5m	`int`	`2`	`width_200_5m`
Show 10min 200 SMA	`bool`	`true`	`show_200_10m`
col_200_10m	`color`	`color.orange`	`col_200_10m`
width_200_10m	`int`	`2`	`width_200_10m`

Show all 29 settings

Setting	Type	Default	Variable
Show Hourly 200 SMA	`bool`	`true`	`show_200_1h`
col_200_1h	`color`	`#FF69B4`	`col_200_1h`
width_200_1h	`int`	`2`	`width_200_1h`
Show VWAP	`bool`	`true`	`show_vwap`
col_vwap	`color`	`color.white`	`col_vwap`
width_vwap	`int`	`2`	`width_vwap`
Show PMH / PML (last 5 days)	`bool`	`true`	`show_pm`
Line color	`color`	`color.white`	`col_pm`
Show Opening Range (9:30–9:45)	`bool`	`true`	`show_or`
Show Patience Candle Arrows	`bool`	`true`	`show_pc`
Hourly 200 SMA Warning Distance ($)	`float`	`1.0`	`warn_sma_dist`
Push Notifications	`bool`	`false`	`push_notif`
Show Key Levels	`bool`	`true`	`show_kl`
Color	`color`	`color.yellow`	`col_kl`
Min Spacing ($)	`float`	`1.00`	`kl_min_space`
ADR Multiplier	`float`	`1.0`	`kl_adr_mult`
Max Levels Per Side	`int`	`5`	`kl_max_side`

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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