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
HFTAlgo - Micro-Trend Reversal Strategy (Simulated)
This strategy simulates high-frequency micro-trend reversals using ultra-short moving averages and oscillator extremes.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code95
Settings9inputs
LicenceNone stated
Last update8 months ago16 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
HFTAlgo - Micro-Trend Reversal Strategy (Simulated) enters long when a fast EMA crosses above a slow EMA while a 2-period RSI is oversold, and enters short on a bearish EMA cross while the RSI is overbought. Exits are handled with bracket orders using Average True Range multipliers for stop loss and take profit. The script plots the EMAs, entry markers, and background trend highlights directly on the main price chart.
- Fast micro-trend detection with short EMA crosses
- 2-period RSI momentum reversal filter
- ATR-based fixed stop-loss and take-profit bracket exits
- On-chart visual signals and background trend coloring
Details
Published by
Tradehook-org on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Scalping, Moving averages, Oscillators & momentum, Mean reversion
Markets
Any symbol
Timeframes
M1-M5, M15-H1
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 |
|---|---|---|---|
| Enable Strategy | bool | true | enableStrategy |
| Fast EMA Length | int | 3 | fastEmaLength |
| Slow EMA Length | int | 5 | slowEmaLength |
| RSI Length (Momentum Reversal) | int | 2 | rsiLength |
| RSI Oversold Level | float | 10.0 | rsiOversold |
| RSI Overbought Level | float | 90.0 | rsiOverbought |
| ATR Period | int | 14 | atrLength |
| Stop Loss (ATR Multiplier) | float | 1.5 | slMultiplier |
| Take Profit (ATR Multiplier) | float | 1.0 | tpMultiplier |
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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