This strategy plots on the price chart and enters when three smoothed moving averages are aligned, RSI is on the matching side of 50, and a Williams fractal appears. An upward stack with RSI above 50 and a down fractal opens a long; the opposite setup opens a
Strategy · Pine Script v5 · On the chart
RSI Alert Strategy with Webhook Integration
The RSI Alert Strategy with Webhook Integration is a Pine Script v5 strategy that plots RSI and EMA on the price chart to generate trading signals.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code122
Settings7inputs
LicenceNone stated
Last update7 months ago30 Mar 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
RSI Alert Strategy with Webhook Integration enters long positions when RSI drops below oversold levels while above the EMA and short positions when RSI rises above overbought levels while below the EMA. Exits use stop loss and take profit calculated as percentages of the average entry price with position sizing based on equity percentage. Settings allow customization of RSI length, overbought and oversold thresholds, EMA length, filter usage, stop loss, and take profit percentages. The strategy draws on the price chart and supports webhook integration for alerts.
- RSI Oscillator
- EMA Filter
- Webhook Integration
- Stop Loss
- Take Profit
Details
Published by
monch1962 on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Oscillators & momentum, Moving averages, Support & resistance
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
ai-agentclaude-codeelixirgolangllmopencodepinescriptpython3clojure
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI Length | int | 14 | rsi_length |
| RSI Overbought | int | 70 | rsi_overbought |
| RSI Oversold | int | 30 | rsi_oversold |
| Use EMA Filter | bool | true | use_ema_filter |
| EMA Length | int | 50 | ema_length |
| Stop Loss % | float | 2.0 | stop_loss_pct |
| Take Profit % | float | 4.0 | take_profit_pct |
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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