This overlay strategy marks short-term turning points on the price chart and enters SPY option-style trades from them. It plots simple moving averages of highs and lows, draws up and down reversal arrows, and colors bars when a short-term extreme coincides wit
Strategy · Pine Script v5 · Own pane
HA UnivLong&Short Futures
HA UnivLong&Short Futures calculates Heikin Ashi candles and builds a channel using simple moving averages of Heikin Ashi highs and lows.
GitHub stars330on the repository
Pine versionv5runs as is
Lines of code40
Settings5inputs
LicenceNone stated
Last update2 months ago25 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
HA UnivLong&Short Futures enters long positions when the upper channel line crosses above the lower channel line and opens short positions on the opposite crossover. Exits are governed by percentage-based stop loss and take profit targets set relative to the average entry price. The script plots the Heikin Ashi candlesticks and channel lines in a separate pane.
- Heikin Ashi price calculations
- SSL-style SMA high and low channel tracking
- Crossover-based long and short entry signals
- Percentage-based stop loss and take profit exits
- Configurable backtest date range
Details
Published by
Alorse on GitHub
Type
Strategy, Pine Script v5
Draws
Separate pane below the chart
Category
Trend, Moving averages, Candlestick patterns
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.
Topics
pinescriptpinescript-indicatorspinescript-strategiestrading-strategiestradingviewtradingview-alerttradingview-strategy
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Period | int | 3 | len |
| Stop Loss % | float | 1.0 | sl_inp |
| Take Profit % | float | 0.3 | tp_inp |
| Start time | time | timestamp("Dec 01 2021 19:45:00") | startTime |
| End time | time | timestamp("Feb 01 2099 23:59:59") | endTime |
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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