by 
This mean-reversion strategy combines multi-timeframe exponential moving averages, Bollinger Bands, and the Relative Strength Index. It generates long and optional short trade signals when price interacts with the Bollinger Bands alongside RSI threshold confir
Strategy · Pine Script v5 · On the chart
FVG RSI Strategy (Translated)
This strategy overlays two exponential moving averages on the price chart to trade reversals using custom Fair Value Gaps and the Relative Strength Index.
GitHub stars42on the repository
Pine versionv5runs as is
Lines of code88
Settings8inputs
LicenceNone stated
Last update2 months ago27 Aug 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
FVG RSI Strategy (Translated) enters long trades when price closes bullishly below both moving averages with an oversold RSI and a gap against twelve bars prior. Short entries trigger when price closes bearishly above both moving averages with an overbought RSI. Trades risk twenty-five percent of equity per entry. Exits trigger on bar close using an ATR take profit multiplier and a fixed percentage stop loss. Orders evaluate only at bar closes rather than intrabar.
- Fair Value Gap detection
- RSI overbought and oversold filters
- Dual EMA trend filters
- ATR-based take profit target
- Percentage-based stop loss
Details
Published by
skywalker0803r on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Oscillators & momentum, Moving averages, Mean reversion
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 19 | rsiLength |
| RSI Overbought | int | 74 | rsiOverbought |
| RSI Oversold | int | 26 | rsiOversold |
| ATR Length | int | 30 | atrLength |
| ATR Take Profit Multiplier | float | 4.30 | atrTPMultiplier |
| Stop Loss Percentage (%) | float | 2.7 | stopLossPct |
| EMA Lower | int | 49 | emaLengthLower |
| EMA Upper | int | 135 | emaLengthUpper |
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.
Similar Pine Scripts
This strategy draws on the price chart and combines Stochastic RSI, the Money Flow Index, and an exponential moving average to open long or short trades. Longs use the lower oscillator thresholds and shorts use the upper ones, with direction limited to longs,
This strategy implements Larry Connors' 2-period RSI mean-reversion algorithm overlaid on the price chart. It filters trades using a long-term Simple Moving Average (SMA), entering long positions when the price trades above the SMA and the short-term RSI drops
This strategy combines multi-timeframe RSI analysis with exponential moving average filters to execute trades on price bounces. It evaluates daily and weekly RSI levels alongside pip-distance thresholds between fast, slow, and long-term EMAs. Position entries
Burgle Bounce is a price-chart strategy that treats a move toward one of up to four simple or exponential moving averages as a test when price comes within a user-set percentage of ATR, then exits toward a target average under a separate error margin. Longs an
This strategy plots a simple moving average basis and upper and lower Bollinger bands on the price chart, with a fill between the bands. It also calculates RSI. It opens one long trade when RSI is above 25, price is at or below the lower band, and no position
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers