Alert BB + RSI [Alorse] is a multi-symbol mean-reversion strategy designed for cryptocurrency trading. It evaluates Bollinger Bands and the Relative Strength Index (RSI) across up to 20 user-defined ticker symbols simultaneously. The strategy enters long posit
Strategy · Pine Script v6 · On the chart
RSI Mean Reversion Sovereign v6
This strategy executes mean-reversion trades using the Relative Strength Index combined with Bollinger Band boundary audits.
GitHub stars1on the repository
Pine versionv6current
Lines of code78
Settings9inputs
LicenceNone stated
Last update2 months ago15 Aug 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 Mean Reversion Sovereign v6 enters long when the RSI crosses above the oversold threshold while the bar low touches or breaches the lower Bollinger Band. Conversely, short entries trigger when the RSI crosses below the overbought line while the bar high exceeds the upper band. Exits are handled via fixed ATR multiples for take profit and stop loss. Bollinger Bands and signal markers plot directly on the chart alongside an informational status table.
- RSI overbought and oversold crossover detection
- Bollinger Bands boundary condition filter
- ATR-based stop loss and take profit orders
- On-chart regime auditing dashboard table
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Oscillators & momentum, Volatility & bands
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| RSI 長度 | int | 14 | rsiLen |
| 超買門檻 (OB) | float | 70 | obLevel |
| 超賣門檻 (OS) | float | 30 | osLevel |
| 啟用布林帶邊界過濾 | bool | true | useBB |
| 布林帶長度 | int | 20 | bbLen |
| 標準差倍數 | float | 2.0 | bbMult |
| ATR 週期 | int | 14 | atrLen |
| 止損 ATR 倍數 | float | 2.0 | slMult |
| 獲利 ATR 倍數 | float | 1.5 | tpMult |
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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