This strategy overlays a trend moving average and Supertrend bands directly on the price chart while calculating Stochastic RSI values internally. Long positions trigger when price exceeds the moving average, Supertrend signals bullish momentum, and the StochR
Strategy · Pine Script v6 · On the chart
Momentum Long + Short Strategy (BTC 3H)
This strategy evaluates market trend and momentum to generate long and short trading signals on price charts.
GitHub stars12on the repository
Pine versionv6current
Lines of code128
Settings20inputs
LicenceNone stated
Last update1 year ago18 Jun 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
Momentum Long + Short Strategy (BTC 3H) plots 100-period and 500-period moving averages (EMA or SMA) to establish macro trend direction. Long entries require trend alignment alongside optional RSI, ADX, and ATR filters. Short entries leverage RSI levels and Bollinger Bands while incorporating a filter to block shorts during strong uptrends. Users can customize settings for moving average types, filter toggles, percentage-based stop loss for long trades, and both stop loss and take profit percentages for short trades.
- Dual 100 and 500 moving average trend filter
- Optional RSI, ADX, and ATR momentum filters
- Bollinger Bands and RSI entry conditions for short trades
- Strong uptrend block mechanism to prevent counter-trend shorts
- Percentage-based stop loss and take profit controls
Details
Published by
loponly on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Oscillators & momentum, Moving averages, Volatility & bands
Markets
Crypto
Timeframes
M15-H1, H4 and above
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.
Repository
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Enable Long Trades | bool | true | enableLongs |
| Long Stop Loss % | float | 3.0 | slPercentLong |
| Enable RSI Filter | bool | false | useRSIFilter |
| Enable ADX Filter | bool | false | useADXFilter |
| Enable ATR Filter | bool | false | useATRFilter |
| Require MA100 > MA500 | bool | true | useTrendFilter |
| Smoothing Type | string | EMA | smoothType |
| Smoothing Length (for filters) | int | 100 | smoothingLength |
| RSI Length | int | 14 | rsiLengthLong |
| ADX Length | int | 14 | adxLength |
| ATR Length | int | 14 | atrLength |
| Enable Short Trades | bool | false | enableShorts |
Show all 20 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Short Stop Loss % | float | 3.0 | slPercentShort |
| Short Take Profit % | float | 4.0 | tpPercentShort |
| RSI Length | int | 14 | rsiLengthShort |
| RSI Threshold | float | 33 | rsiThresholdShort |
| Bollinger Band Length | int | 20 | bbLength |
| Enable ATR Filter (Short) | bool | true | useATRFilterShort |
| Block Shorts if MA100 > MA500 by (%) | bool | true | useStrongUptrendBlock |
| Threshold (%) for Blocking Shorts | float | 2.0 | shortTrendGapPct |
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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