MACD + BB + RSI [Alorse]: Free TradingView Strategy (Pine Script)

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

MACD + BB + RSI [Alorse] signals long entries on MACD crossover above signal with RSI below 50 and price below BB basis, plus optional DMI filter. Short entries are available but disabled by default. Long exits trigger on RSI above 70 and price above upper BB, or after configured bars. Parameters adjust MACD lengths, BB settings, RSI period, and DMI options. Position size uses equity percentage with default commission.

MACD crossover signal
Bollinger Bands filter
RSI oscillator
DMI filter option
multi-bar exit

Details

Published by

Alorse on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

The strategy enters trades without a stop loss

File

strategies/momentum/MACD + BB + RSI.pine

Repository

github.com/Alorse/pinescript-strategies. See its other scripts in the library

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
Version	`string`	`txtVer`	`version`
Source	`source`	`close`	`src`
Length Fast	`int`	`12`	`fast_length`
Slow	`int`	`26`	`slow_length`
Signal Smoothing	`int`	`9`	`signal_length`
Oscillator	`string`	`EMA`	`sma_source`
Signal Line	`string`	`EMA`	`sma_signal`
╔═════ Show Bollinger Bands ═════╗	`bool`	`true`	`isBB`
Length	`int`	`20`	`length`
StdDev	`float`	`2.0`	`mult`
Offset	`int`	`0`	`offset`
Length	`int`	`14`	`lenRSI`

Show all 24 settings

Setting	Type	Default	Variable
╔═════ DMI Filter ═════╗	`bool`	`false`	`isDMI`
DI Length	`int`	`14`	`len`
ADX Smoothing	`int`	`13`	`lensig`
key level	`int`	`23`	`keyLevel`
Long entries	`bool`	`true`	`showLong`
Short entries	`bool`	`false`	`showShort`
Close after X # bars	`bool`	`false`	`closeAfterXBars`
# bars	`int`	`20`	`xBars`
╔══════ Enable ══════╗	`bool`	`false`	`useSL`
Percent	`float`	`10`	`SLPercent`
╔══════ Enable ══════╗	`bool`	`false`	`useTP`
Percent	`float`	`1.2`	`TPPercent`

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

3 EMA + Stochastic RSI + ATR

by hasnocool

106

This strategy identifies trend-following entries using a triple exponential moving average alignment and ATR-based exits on the main price chart. Long signals trigger when the fast EMA is above the medium EMA and medium is above slow, accompanied by a close ab

Strategy v4 Moving averagesVolatility & bands Repaints

Updated 2 years ago · GPL-3.0

Take Profits & Stop Losses

by PythonForForex

64

This educational strategy demonstrates moving average crossovers filtered by RSI momentum, incorporating ATR-based risk management. It calculates a 10-period SMA, a 30-period SMA, a 14-period RSI, and a 14-period ATR. Long entries trigger when the fast SMA cro

Strategy v5 Moving averagesOscillators & momentum

Updated 4 years ago · None stated

Momentum Rider DAILY FINAL

by greenpeas007

58

This strategy combines exponential moving averages (EMA 9, 21, 50), RSI, MACD, and Supertrend indicators to enter long positions. It triggers trades using six dynamic setups based on momentum breakouts, EMA crossovers, and pullbacks. Position sizing is compute

Strategy v6 TrendOscillators & momentum Repaints

Updated 4 months ago · Custom licence

Bollinger bands examples

by tradingstrategy-ai

53

This strategy plots exponential-moving-average Bollinger bands on the price chart and calculates RSI. It opens a long position when close crosses above the upper band while RSI is at or above a threshold, the date filter allows trading, and no position is open

Strategy v5 Volatility & bandsOscillators & momentum

Updated 3 years ago · None stated

CombinedBinHAndClucV6

by viktors1982

36

CombinedBinHAndClucV6 is a trading strategy based on the popular BinHV45 and ClucMay72018 algorithms. It calculates dual Bollinger Bands, Exponential Moving Averages, Relative Strength Index, Average True Range, and volume metrics across primary and one-hour h

Strategy v4 Volatility & bandsOscillators & momentum Repaints

Updated 2 years ago · None stated

BB Swing

by benso87

24

This strategy calculates Bollinger Bands, a configurable moving average slope, Stochastic RSI, ATR, and ADX directly on the price chart. It evaluates trend bias and momentum conditions to generate long and short swing entries using percent-of-equity sizing. Th