This mean-reversion strategy plots Bollinger Bands and a long-term moving average directly on the price chart. It enters trades when price candles penetrate the outer Bollinger Bands beyond a user-defined body percentage, anticipating a price reversal. Entries
Strategy · Pine Script v6 · On the chart
PineForge — Orbit MTF Trend
Orbit MTF Trend is a multi-timeframe strategy that plots higher-timeframe and local exponential moving averages on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code35
Settings5inputs
LicenceApache-2.0
Last update7 days ago23 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
35 lines of Pine Script v6 from validation/mtf-orbit-trend-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
//@version=6
// SPDX-License-Identifier: Apache-2.0
// Copyright 2026 PineForge
// PineForge Corporate Strategy: Orbit MTF Trend
// Higher-timeframe values use explicit gaps-off and lookahead-off semantics.
strategy("PineForge — Orbit MTF Trend", overlay=true,
initial_capital=100000,
default_qty_type=strategy.percent_of_equity, default_qty_value=6,
pyramiding=0, commission_type=strategy.commission.percent,
commission_value=0.05, slippage=1,
margin_long=100, margin_short=100,
process_orders_on_close=false, calc_on_order_fills=false)
higherTimeframe = input.timeframe("60", "Higher Timeframe", group="Signal")
higherLength = input.int(34, "Higher EMA", minval=3, group="Signal")
localLength = input.int(13, "Local EMA", minval=2, group="Signal")
atrLength = input.int(16, "ATR Length", minval=2, group="Risk")
stopAtr = input.float(2.2, "Stop ATR", minval=0.5, step=0.1, group="Risk")
higherCenter = request.security(syminfo.tickerid, higherTimeframe,
ta.ema(close, higherLength), gaps=barmerge.gaps_off,
lookahead=barmerge.lookahead_off)
localCenter = ta.ema(close, localLength)
atrValue = ta.atr(atrLength)
if ta.crossover(localCenter, higherCenter)
strategy.entry("Orbit Long", strategy.long)
if strategy.position_size > 0 and ta.crossunder(localCenter, higherCenter)
strategy.close("Orbit Long", comment="Higher-timeframe trend changed")
if strategy.position_size > 0
strategy.exit("Orbit Guard", from_entry="Orbit Long",
stop=strategy.position_avg_price - atrValue * stopAtr)
plot(higherCenter, "Higher EMA", color=color.orange)
plot(localCenter, "Local EMA", color=color.aqua)
Overview
PineForge — Orbit MTF Trend generates long entries on local EMA crossover above the higher EMA and closes positions on the reverse crossover. Risk management uses an ATR-based stop loss with adjustable multiple. Inputs control higher timeframe, EMA lengths, ATR period and stop value while defaulting to 6 percent equity position sizing. The strategy draws all elements directly on the price chart with no separate panes. It repaints none and applies no pyramiding.
- Higher EMA Crossover
- Local EMA Filter
- ATR Trailing Stop
- MTF Trend Strategy
- Price Chart Signals
Details
Published by
pineforge-4pass on GitHub
Code credit
PineForge, as written in the script's header
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
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
algorithmic-tradingbacktestingparitypine-scriptpinescriptquantitative-financetest-corpustradingview
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Higher Timeframe | timeframe | 60 | higherTimeframe |
| Higher EMA | int | 34 | higherLength |
| Local EMA | int | 13 | localLength |
| ATR Length | int | 16 | atrLength |
| Stop ATR | float | 2.2 | stopAtr |
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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