This strategy divides a fixed price range between an upper and a lower limit into equally spaced grid levels and plots them on the price chart. It marks a buy when price crosses down through a grid and a sell when price crosses up through a grid, using either
Strategy · Pine Script v6 · On the chart
MP Camarilla Range Bounce
This strategy fades touches of daily Camarilla pivot boundaries (S3 for longs, R3 for shorts) during sideways market conditions.
GitHub stars2on the repository
Pine versionv6current
Lines of code371
Settings32inputs
LicenceCustom licence
Last update4 weeks ago27 Sep 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
MP Camarilla Range Bounce plots pivot levels directly on the price chart and validates entries using regime filters, including maximum ADX thresholds, price containment lookbacks, RSI extremes, and candle rejection patterns. Position exits are managed with S4/R4 or ATR-based stop losses, partial take-profits targeting opposite pivot levels, breakeven adjustments, and maximum bar limits. Built specifically for ranging environments, performance degrades during strong trends if regime filters are bypassed.
- Camarilla pivot range bounce fading logic
- ADX and price containment regime filters
- RSI extreme and rejection candle entry triggers
- Partial take-profits with breakeven stop loss movement
- Daily trade limit and trading session time filters
Details
Published by
midngtpickle on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Support & resistance, Mean reversion, Scalping
Markets
Crypto
Timeframes
M1-M5, M15-H1
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Pivot timeframe | timeframe | D | pivotTF |
| Plot levels | bool | true | showLevels |
| Require low ADX | bool | true | useAdx |
| ADX length | int | 14 | adxLen |
| Max ADX | float | 22.0 | adxMax |
| Require price contained in R3/S3 | bool | true | useContain |
| Containment lookback | int | 20 | containBars |
| Require compressed BB width | bool | false | useBbw |
| BBW length | int | 20 | bbwLen |
| BBW percentile max | float | 40.0 | bbwPct |
| Touch tolerance (ATR) | float | 0.25 | touchAtr |
| Require rejection candle | bool | true | needReject |
Show all 32 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Require RSI extreme | bool | true | useRsi |
| RSI length | int | 14 | rsiLen |
| RSI oversold (long) | float | 35.0 | rsiLo |
| RSI overbought (short) | float | 65.0 | rsiHi |
| Allow longs | bool | true | allowLong |
| Allow shorts | bool | true | allowShort |
| Stop placement | string | S4/R4 | stopMode |
| ATR length | int | 14 | atrLen |
| ATR stop multiplier | float | 1.5 | atrStopMult |
| TP1 size % | int | 50 | tp1Pct |
| Use TP2 (opposite R3/S3) | bool | true | useTp2 |
| Move stop to BE after TP1 | bool | true | moveBe |
| Time stop (bars, 0=off) | int | 0 | maxBars |
| Max entries per day | int | 4 | maxPerDay |
| Restrict to session | bool | false | useSess |
| Session | session | 0700-1600 | sess |
| Timezone | string | Europe/London | sessTz |
| Show stats table | bool | true | showTable |
| Position | string | Top Right | tblPos |
| Text size | string | Small | tblSize |
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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