This strategy overlays a trend moving average and Supertrend bands directly on the price chart while calculating Stochastic RSI values internally. Long positions trigger when price exceeds the moving average, Supertrend signals bullish momentum, and the StochR
Strategy · Pine Script v6 · On the chart
Demo Advanced Strategy v6
This strategy combines Exponential Moving Averages, the Relative Strength Index, and Average True Range with optional multi-timeframe confirmation to generate trade signals.
GitHub stars1on the repository
Pine versionv6current
Lines of code102
Settings16inputs
LicenceNone stated
Last update1 year ago12 Sep 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
Long trades trigger on fast EMA bullish crossovers when RSI is low, while short trades trigger on bearish crossovers when RSI is elevated. Exits are handled via fixed stop loss levels, multi-step take profit targets, and ATR-based trailing stops. Input settings allow customization of indicator lengths, higher timeframe filters, risk multipliers, and webhook alert triggers. The strategy overlays on the main price chart.
- Multi-timeframe EMA trend confirmation
- RSI filtering for crossover entries
- ATR-based trailing stop and profit targets
- Webhook-ready JSON alert system
- On-chart performance statistics table
Details
Published by
hamedator on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Oscillators & momentum, Volatility & bands
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Fast | int | 10 | emaFastLen |
| EMA Slow | int | 25 | emaSlowLen |
| RSI Length | int | 14 | rsiLen |
| RSI Overbought | int | 70 | rsiUpper |
| RSI Oversold | int | 30 | rsiLower |
| ATR Length | int | 14 | atrLen |
| ATR Stop Multiplier | float | 2.0 | atrMultStop |
| Use higher TF | bool | true | useHigherTF |
| Higher TF | timeframe | 240 | higherTF |
| Max Entries | int | 2 | pyramiding |
| Use Take Profit | bool | true | useTP |
| TP1 % | float | 1.5 | tp1_pct |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| TP2 % | float | 3.0 | tp2_pct |
| Use Trailing Stop | bool | true | useTrailing |
| Trail ATR Multiplier | float | 1.0 | trailMult |
| Send Webhook Alerts | bool | true | sendWebhook |
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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