by 
This overlay strategy plots previous-day high and low, the daily open, and fair value gap zones on the price chart. It takes entries on a selectable timeframe when the FVG requirement and an optional session window allow them, then uses an ATR or fixed pip sto
Strategy · Pine Script v5 · On the chart
OMEGA ULTIMATE STRATEGY
A strategy built on the same smart money concepts as its indicator sibling: swing structure, order blocks and fair value gaps scored into a confluence value that must pass a minimum before a trade.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code734
Settings40inputs
LicenceNone stated
Last update5 months ago6 May 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
Size is set from a risk percentage per trade, with an optional multiplier for stronger confluence. Stops and targets are ATR multiples, with an optional trailing stop and partial take profit. Loss limits cover daily, weekly, drawdown and consecutive losses, plus a maximum leverage and daily trade cap. Dashboard and alerts are included.
- Confluence score gating entries
- Risk-percent sizing with confluence multiplier
- ATR stop, target, trailing stop and partial take profit
- Daily, weekly and drawdown loss limits
- Structure, order block and FVG drawings
Details
Published by
princeleuel-code on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance
Markets
Any symbol
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 |
|---|---|---|---|
| Non-Repainting Mode | bool | true | i_nonRepaint |
| Show Dashboard | bool | true | i_showDashboard |
| Enable Alerts | bool | true | i_alertsOn |
| Risk Per Trade % | float | 1.0 | i_riskPerTrade |
| Max Daily Loss % | float | 3.0 | i_maxDailyLoss |
| Max Weekly Loss % | float | 7.0 | i_maxWeeklyLoss |
| Max Drawdown % | float | 15.0 | i_maxDrawdown |
| Max Consecutive Losses | int | 5 | i_maxConsecLosses |
| Max Trades Per Day | int | 5 | i_maxTradesPerDay |
| Max Leverage | float | 5.0 | i_maxLeverage |
| Use Confidence-Based Sizing | bool | true | i_useConfidenceSizing |
| Min Confluence for Trade | int | 70 | i_minConfForTrade |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Strong Confluence Threshold | int | 85 | i_strongConfThreshold |
| Strong Confluence Multiplier | float | 1.5 | i_strongConfMultiplier |
| ATR Multiplier for Stop Loss | float | 2.0 | i_atrMultiplierSL |
| ATR Multiplier for Take Profit | float | 3.0 | i_atrMultiplierTP |
| Use Trailing Stop | bool | true | i_useTrailingStop |
| Trail Activation (ATR) | float | 1.5 | i_trailActivation |
| Trail Offset (ATR) | float | 1.0 | i_trailOffset |
| Use Partial Take Profit | bool | true | i_usePartialTP |
| Partial TP % | float | 50.0 | i_partialTPPct |
| Partial TP Level (ATR) | float | 1.5 | i_partialTPLevel |
| Swing Detection Length | int | 5 | i_swingLength |
| Show Swing Points | bool | true | i_showSwings |
| Show BOS/CHOCH | bool | true | i_showBOS |
| Show Order Blocks | bool | true | i_showOB |
| Bullish OB Color | color | color.new(color.green, 80) | i_obBullColor |
| Bearish OB Color | color | color.new(color.red, 80) | i_obBearColor |
| Show Fair Value Gaps | bool | true | i_showFVG |
| Min FVG Size % | float | 0.1 | i_fvgMinSize |
| Bullish FVG Color | color | color.new(color.teal, 80) | i_fvgBullColor |
| Bearish FVG Color | color | color.new(color.maroon, 80) | i_fvgBearColor |
| Show Liquidity Levels | bool | true | i_showLiquidity |
| Liquidity Lookback | int | 20 | i_liqLookback |
| Show Liquidity Sweeps | bool | true | i_showLiqSweep |
| Liquidity Color | color | color.new(color.orange, 50) | i_liqColor |
| Show 50% Equilibrium | bool | true | i_show50Pct |
| Equilibrium Lookback | int | 20 | i_eqLookback |
| Equilibrium Color | color | color.new(color.purple, 50) | i_eqColor |
| Show PO3 Phases | bool | true | i_showPO3 |
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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