This strategy trades price action pin bar patterns aligned with moving average trend alignment on the main price chart. It defines uptrends or downtrends using a fan arrangement of three moving averages (6 EMA, 18 EMA, and 50 SMA). Entry conditions require a b
Strategy · Pine Script v5 · On the chart
NakInvest Cross EMA
This strategy trades three-candle reversal patterns, called 123, PFR and engulfing, together with a 9, 40 and 80 EMA trend stack.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code917
Settings37inputs
LicenceNone stated
Last update1 year ago11 Oct 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
Entries can occur when price crosses the fast EMA without crossing the slower ones, or when it crosses all of them. Optional volume, stochastic and MACD filters are available, and candle size limits are adjustable. Stops can sit below the candle body or wick or at a percentage, and targets use a risk-reward ratio or percentage. Sizing is percent of equity.
- 123, PFR and engulfing pattern detection
- EMA 9, 40 and 80 trend rules
- Optional volume, stochastic and MACD filters
- Candle-based or percentage stops
- Risk-reward or percentage targets
Details
Published by
feliperazeek on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Candlestick patterns, Moving averages, Trend
Markets
Crypto
Timeframes
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 |
|---|---|---|---|
| Show PFR Debug | bool | false | showPFRDebug |
| Show 123 Debug | bool | false | show123Debug |
| Show Engulfing Debug | bool | false | showEngulfingDebug |
| Use EMA Cross Rules | bool | true | useEmaCrossRules |
| Enable Bear Cross (all emas) | bool | true | enableAllEmaCross |
| Min Candle 1 Size (absolute units) | float | 0.1 | minCandle1Size |
| Min Candle 2 Body Size as % of Candle 1 | float | 0.1 | minCandle2Pct |
| Max Candle 2 Body Size as % of Candle 1 | float | 0.5 | maxCandle2Pct |
| Min Candle 3 Body Size as % of Candle 1 | float | 0.6 | minCandle3Pct |
| Max Candle 3 Body Size as % of Candle 1 | float | 1.5 | maxCandle3Pct |
| Enable Long Positions | bool | true | enableLong |
| Enable Short Positions | bool | true | enableShort |
Show all 37 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use Trend Filter | bool | true | useTrendFilter |
| Use Volume Filter | bool | false | useVolumeFilter |
| Minimum Volume Multiplier | float | 1.5 | minVolume |
| Use Stochastic Filter | bool | false | useStochFilter |
| Stochastic Length | int | 21 | stochLength |
| Stoch Overbought | float | 50 | stochOverbought |
| Stoch Oversold | float | 50 | stochOversold |
| Take Profit Type | string | RR-Based | tpType |
| Take Profit Ratio (vs SL) | float | 1.0 | profitTargetRR |
| Take Profit % From Entry | float | 1.0 | tpPercent |
| Stop Loss Type | string | Below Candle Wick | slType |
| Stop Loss % | float | 1.0 | slPercent |
| Number of Candles for Lowest Low | int | 10 | slCandlesLookback |
| Price Comparison Buffer (%) | float | 0.001 | priceBufferPct |
| Enable 123 Pattern | bool | true | enable123 |
| Enable PFR Pattern | bool | true | enablePFR |
| Enable Engulfing Pattern | bool | true | enableEngulfing |
| Use MACD Confirmation | bool | false | useMacdConfirmation |
| MACD Fast Length | int | 12 | macdFastLength |
| MACD Slow Length | int | 26 | macdSlowLength |
| MACD Signal Length | int | 9 | macdSignalLength |
| MA Type | string | EMA | maType |
| Fast MA Length | int | 9 | fastLength |
| Medium MA Length | int | 40 | mediumLength |
| Slow MA Length | int | 80 | slowLength |
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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