This strategy enters long when a faster moving average crosses above a slower one and short when it crosses below, unless long-only mode is on. An optional volume filter requires volume above a 20-bar average times a multiplier. Exits use a percentage stop los
Strategy · Pine Script v5 · On the chart
Quatro SMA
The Quatro SMA strategy identifies trend direction using four Simple Moving Averages combined with a volume confirmation filter.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code65
Settings12inputs
LicenceNone stated
Last update1 year ago7 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
Long entries trigger when three fast SMAs align sequentially above a 200-period SMA while current bar volume exceeds 2.5 times its moving average. Short entries trigger under inverse SMA alignment below the baseline. Position exits occur when fast SMA order reverses or when price hits multi-stage partial profit targets and percentage stop loss levels. It draws directly on the price chart.
- Triple short-term SMA alignment with long-term filter
- Volume spike detection relative to SMA
- Three-stage partial take-profit exit management
- Percentage-based stop loss calculation
Details
Published by
wynnforthework on GitHub
Code credit
wielkieef, as written in the script's header
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages, Volume
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Volume lenght | int | 40 | vol_sma_length |
| 1-SMA Lenght | int | 4 | Length1 |
| 2-SMA Lenght | int | 16 | Length2 |
| 3-SMA Lenght | int | 32 | Length3 |
| Lenght SMA | int | 200 | lengthSMA |
| % Stop Loss | float | 10.0 | sl |
| TP 1 | float | 10.0 | tp_1 |
| TP 2 | float | 20.0 | tp_2 |
| TP 3 | float | 50.0 | tp_3 |
| % TP 1 Q | int | 25 | q_1 |
| % TP 2 Q | int | 50 | q_2 |
| % TP 3 Q | int | 100 | q_3 |
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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