by 
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 Trend Strategy
The Momentum Trend Strategy combines the Average Directional Index (ADX), SuperTrend, and Heikin Ashi candle colors to identify and trade trend momentum on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code76
Settings5inputs
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 Trend Strategy enters long or short positions when ADX exceeds an entry threshold and SuperTrend aligns with Heikin Ashi bar color. Exits trigger when ADX drops below a secondary threshold or when trend alignment breaks. Settings adjust ADX parameters and SuperTrend factor or ATR length. Note that the strategy lacks defined stop-loss orders and relies strictly on indicator exit signals.
- ADX trend strength filtering
- SuperTrend directional alignment
- Heikin Ashi sentiment identification
- Background trend strength coloring
Details
Published by
yagyesh-bobde on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Oscillators & momentum, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
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 |
|---|---|---|---|
| ADX Length | int | 14 | adxLength |
| ADX Entry Threshold | int | 25 | adxThresholdEntry |
| ADX Exit Threshold | int | 20 | adxThresholdExit |
| SuperTrend ATR Length | int | 10 | atrPeriod |
| SuperTrend Factor | float | 3.0 | factor |
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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