Strategy · Pine Script v6 · On the chart

Nikkei Japan Strategy [trugurpala]

by trugurpala

This intraday strategy executes trades on the Nikkei 225 index based on exponential moving average crossovers restricted to Tokyo Stock Exchange trading hours (09:00 to 15:30 JST).

View on GitHub

GitHub stars4on the repository
Pine versionv6current
Lines of code55
Settings5inputs
LicenceMIT
Last update2 months ago3 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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

55 lines of Pine Script v6 from global-markets/11_nikkei_japan.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

11_nikkei_japan.pine
//@version=6
// Nikkei 225 / JP225 Strategy
// github.com/trugurpala/pinescriptv6 — Author: Ugur Pala
//
// TR: Semboller: TVC:NI225 / OSAKA:NK1! / SPREADEX:JP225
// EN: Symbols:  TVC:NI225 / OSAKA:NK1! / SPREADEX:JP225
//
// Seans / Session: 09:00–15:30 JST (00:00–06:30 GMT)
// BOJ faiz kararları ve USD/JPY korelasyonuna dikkat
// Watch BOJ rate decisions and USD/JPY correlation
strategy("Nikkei Japan Strategy [trugurpala]",
    overlay           = true,
    initial_capital   = 10000,
    default_qty_type  = strategy.percent_of_equity,
    default_qty_value = 5,
    commission_type   = strategy.commission.percent,
    commission_value  = 0.05,
    slippage          = 2)

// ── Inputs ───────────────────────────────────────────────────────────────────
int   fastLen  = input.int(9,    "Fast EMA",  minval=1)
int   slowLen  = input.int(21,   "Slow EMA",  minval=1)
int   atrLen   = input.int(14,   "ATR",       minval=1)
float slMult   = input.float(1.5, "SL Mult",  step=0.1)
float tpMult   = input.float(2.5, "TP Mult",  step=0.1)

// ── TSE Seans: 09:00–15:30 JST (=00:00–06:30 GMT) ───────────────────────────
bool inSession = not na(time(timeframe.period, "0900-1530", "Asia/Tokyo"))
bool sesEnd    = inSession[1] and not inSession
if sesEnd
    strategy.close_all(comment="TSE Close")

// ── Hesaplamalar ──────────────────────────────────────────────────────────────
float fastEma  = ta.ema(close, fastLen)
float slowEma  = ta.ema(close, slowLen)
float atrVal   = ta.atr(atrLen)
bool bullCross = ta.crossover(fastEma, slowEma) and inSession
bool bearCross = ta.crossunder(fastEma, slowEma) and inSession

// ── Entries ──────────────────────────────────────────────────────────────────
if bullCross
    strategy.entry("Long", strategy.long)
    strategy.exit("Long Exit", "Long",
        stop=close - slMult*atrVal, limit=close + tpMult*atrVal)
if bearCross
    strategy.entry("Short", strategy.short)
    strategy.exit("Short Exit", "Short",
        stop=close + slMult*atrVal, limit=close - tpMult*atrVal)

// ── Visuals ──────────────────────────────────────────────────────────────────
bgcolor(inSession ? na : color.new(color.gray, 96))
plot(fastEma, "Fast", fastEma > slowEma ? color.green : color.red,    linewidth=2)
plot(slowEma, "Slow", fastEma > slowEma ? color.lime  : color.orange, linewidth=2)
plotshape(bullCross, "Long",  shape.triangleup,   location.belowbar, color.green)
plotshape(bearCross, "Short", shape.triangledown, location.abovebar, color.red)

Overview

Long and short positions are taken on fast and slow EMA crossovers during active session hours. Trades feature fixed ATR-multiplier stop loss and take profit levels calculated at entry, and all open positions are automatically closed when the market session ends. Moving averages, entry shapes, and session highlights plot directly on the main chart.

Details

Published by

trugurpala on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Trend, Moving averages, Sessions & time, Volatility & bands

Markets

Indices

Timeframes

M15-H1, M1-M5

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.

Topics

aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Fast EMAint9fastLen
Slow EMAint21slowLen
ATRint14atrLen
SL Multfloat1.5slMult
TP Multfloat2.5tpMult
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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