This strategy captures strong bullish momentum by combining a 200-period SMA baseline, a custom Bollinger Band, the True Strength Index (TSI) smoothed with WMAs, and the ADX trend strength indicator. It initiates long positions when price is above the 200 SMA,
Strategy · Pine Script v4 · Own pane
Grover Llorens Activator
The Grover Llorens Activator strategy calculates a custom volatility trailing stop line based on Average True Range and price movement.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code31
Settings3inputs
LicenceNone stated
Last update8 months ago25 Feb 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
Grover Llorens Activator generates buy signals when price crosses above the activator line and short signals when price crosses below. Positions are reversed when an opposite crossover occurs. The strategy visualizes performance by plotting current account equity alongside peak equity in a separate pane.
- ATR-driven trailing activator tracking
- Crossover and crossunder reversal signals
- Equity and maximum equity pane visualization
Details
Published by
regalouisei on GitHub
Code credit
alexgrover & Lucía Llorens, as written in the script's header
Type
Strategy, Pine Script v4
Draws
Separate pane below the chart
Category
Trend, Volatility & bands
Markets
Any symbol
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 |
|---|---|---|---|
| length | int | 480 | length |
| mult | int | 14 | mult |
| src | source | close | src |
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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