This intraday strategy executes trades using dual EMA crossovers and RSI mean-reversion near VWAP. Designed primarily for 5-minute index futures charts like ES and MES, it offers momentum entries on fast and slow EMA crosses confirmed by VWAP, as well as count
Strategy · Pine Script v5 · On the chart
Intraday Reversal Predictor (Order-Safe)
Intraday Reversal Predictor (Order-Safe) is an overlay strategy designed for regular trading hours reversal setups.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code118
Settings9inputs
LicenceNone stated
Last update9 months ago14 Jan 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
Intraday Reversal Predictor (Order-Safe) calculates daily-anchored VWAP standard deviation bands, RSI, and fast/slow EMAs. A composite scoring model aggregates band touches, momentum exhaustion, moving average orientation, and candle direction into long and short signals. When the minimum score threshold is reached outside of a user-defined bar cooldown, the strategy executes reversal entries. Users can adjust band multipliers, RSI boundaries, cooldown duration, wick-touch rules, and regular trading hour filters.
- Composite 4-point scoring model for reversal entries
- Daily-anchored VWAP standard deviation bands
- Adjustable entry cooldown bar filter
- Regular Trading Hours (RTH) session filter
- RSI and exponential moving average confirmation
Details
Published by
knectardev on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Mean reversion, Sessions & time, Oscillators & momentum, Moving averages
Markets
Stocks, Indices
Timeframes
M15-H1
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 |
|---|---|---|---|
| VWAP Band Multiplier (σ) | float | 1.5 | bandMult |
| RSI Length | int | 14 | rsiLen |
| RSI Overbought | int | 70 | rsiOB |
| RSI Oversold | int | 35 | rsiOS |
| Min Conditions to Trade (1-4) | int | 3 | minScore |
| Cooldown Bars Between Entries | int | 10 | cooldownBars |
| Use Wicks for Band Touch | bool | true | useWicksForExtreme |
| Trade RTH Only (0930-1600 NY) | bool | true | useRTH |
| Max Labels (safety cap) | int | 300 | maxLabels |
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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