This strategy combines ATR, Ease of Movement, and the Vortex indicator on the price chart. It enters long when ATR is above its EMA, Ease of Movement is positive, and the average of the Vortex lines is above one. It closes that long when ATR is below its EMA,
Strategy · Pine Script v6 · On the chart
Improved Gold Scalping BOS & CHoCH
This overlay strategy looks for gold scalps from break of structure and change of character.
Repaints
GitHub stars105on the repository
Pine versionv6current
Lines of code101
Settings12inputs
LicenceNone stated
Last update1 year ago30 Jul 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
Improved Gold Scalping BOS & CHoCH enters long when a bullish break, a bullish character change, and an optional volume filter align, and short on the opposite set. Optional RSI levels can block trades. Stops use ATR or recent highs and lows, and take profit is a multiple of that distance. Size defaults to one percent of equity. Buy and sell labels plot on the price chart. Signals use the live bar and can change before it closes.
- Break of structure from swing highs and lows
- Change of character with RSI confirmation
- Optional volume filter versus a 20-bar average
- ATR or recent-level stop loss
- Take profit as a multiple of stop distance
Details
Published by
cklose2000 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
SMC / ICT / price action, Oscillators & momentum, Volume, Volatility & bands
Markets
Gold
Timeframes
M1-M5
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Support/Resistance Lookback | int | 10 | lookbackPeriod |
| Swing Lookback | int | 5 | swingLookback |
| Apply Volume Filter | bool | true | volumeFilter |
| TP Multiplier | float | 2.0 | tpMultiplier |
| SL Multiplier | float | 0.8 | slMultiplier |
| Use ATR for Stop Loss | bool | true | useATR |
| ATR Period | int | 14 | atrPeriod |
| ATR Multiplier | float | 1.5 | atrMultiplier |
| Use RSI Filter | bool | true | useRSIFilter |
| RSI Period | int | 14 | rsiPeriod |
| RSI Overbought | int | 70 | rsiOverbought |
| RSI Oversold | int | 30 | rsiOversold |
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 identifies trend reversals through market structure changes (CHoCH) filtered by MACD momentum. It initiates long positions on bullish structure breaks when MACD is positive and above its signal line, and short positions on bearish breaks when MAC
This strategy trades on the price chart using multiple indicators. It enters long positions when price dips meet conditions on Bollinger Bands 40 and 20, RSI, MFI, volume and other thresholds. It exits at custom ROI profit levels based on RSI or after timeout
Alert BB + RSI [Alorse] is a multi-symbol mean-reversion strategy designed for cryptocurrency trading. It evaluates Bollinger Bands and the Relative Strength Index (RSI) across up to 20 user-defined ticker symbols simultaneously. The strategy enters long posit
Donald - AI Futures 5M 15M Timeframe is an overlay trading strategy designed for intraday futures trading. It utilizes rational quadratic kernel regression to construct dynamic momentum zones and smoothed price boundaries on the main price chart. The strategy
This overlay strategy plots previous-day high and low, the daily open, and fair value gap zones on the price chart. It takes entries on a selectable timeframe when the FVG requirement and an optional session window allow them, then uses an ATR or fixed pip sto
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers