by 
This strategy calculates and plots 9, 21, 50, 90, and 200-period Simple Moving Averages on the main price chart. It constructs a modified On-Balance Volume (OBV) metric and calculates a MACD oscillator based on this custom volume series rather than price. Long
Strategy · Pine Script v6 · On the chart
Golden Strategy
The Golden Strategy is a Pine Script v6 strategy that overlays EMA and SMA on the price chart to detect crossovers for trend direction.
GitHub stars3on the repository
Pine versionv6current
Lines of code94
Settings16inputs
LicenceNone stated
Last update1 year ago19 Mar 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
Golden Strategy adds MACD for momentum confirmation and RSI to identify overbought and oversold conditions. Volume average filters out low-activity trades. Entry occurs on bullish crossover with uptrend MACD and high volume for longs, and the opposite for shorts. Exits trigger on RSI band breaches or MACD signal changes. Position size scales to a user-defined risk percentage of equity, using the fixed stop loss percentage to calculate distance. Settings let traders adjust indicator lengths, RSI thresholds, and risk parameters. It applies a backtest date range filter. Draws directly on the price chart.
- EMA SMA crossover
- MACD momentum confirmation
- RSI overbought oversold
- volume filter
- risk based position sizing
Details
Published by
AliAhmadi-Software on GitHub
Type
Draws
On the price chart
Category
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.
File
Topics
pinescript
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| From Month | int | 1 | FromM |
| From Year | int | 2025 | FromY |
| To Year | int | 2025 | ToY |
| EMA (Short-Term) | int | 10 | emaLength |
| SMA (Long-Term) | int | 25 | smaLength |
| MACD Fast Length | int | 12 | fastLengthMACD |
| MACD Slow Length | int | 26 | slowLengthMACD |
| MACD Signal Length | int | 9 | sigLengthMACD |
| RSI Length | int | 14 | rsiLength |
| RSI Lower Band | int | 40 | rsiLowerBand |
| RSI Upper Band | int | 60 | rsiUpperBand |
| Use Fixed % Stop Loss & Take Profit? | bool | true | useFixedSLTP |
Show all 16 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Stop Loss (%) | float | 2.0 | fixStopLossPerc |
| Take Profit (%) | float | 4.0 | fixTakeProfitPerc |
| Risk per Trade (%) | float | 1.0 | riskPerTrade |
| Volume SMA Length | int | 10 | volumeLength |
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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