This strategy runs on the price chart and enters long when a fast simple moving average crosses above a slow one, and short on the opposite cross, while closing the other side. Entries also need ATR above a filter, a pullback check, a minimum candle-body chang
Strategy · Pine Script v6 · On the chart
RMA ATR Bands (Long Only)
This long-only strategy plots an asymmetric ATR channel around a rolling moving average on the price chart.
GitHub stars4on the repository
Pine versionv6current
Lines of code142
Settings9inputs
LicenceNone stated
Last update5 months ago31 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
RMA ATR Bands (Long Only) enters long when a confirmed close breaks above the upper band and exits when a confirmed close breaks below the lower band. An optional setting exits earlier when price falls back through the moving average. Band source, lengths, and multipliers change the channel, and a start date gates trades. It has no stop loss by default.
- Asymmetric ATR channel around an RMA
- Long entry on upper-band break
- Lower-band or optional moving-average exit
- Start-date trade filter
- Signal markers and bar coloring
Details
Published by
Jaden300 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands, Breakout
Markets
Stocks
Timeframes
H4 and above
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingstock-markettradingview-ideas
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Start Date | time | timestamp("2024-04-01") | startDate |
| MA Source | string | close | maSrcInput |
| MA Length | int | 8 | maLength |
| ATR Length | int | 20 | atrLength |
| Upper Mult | float | 1.50 | upperMult |
| Lower Mult | float | 2.50 | lowerMult |
| MA Exit (shorter holds) | bool | false | maExit |
| Show Signals | bool | true | showSignals |
| Color Bars | bool | true | colorBars |
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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