by 
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 v5 · On the chart
Sapphire Fibonacci Strategies
Sapphire Fibonacci Strategies is a multi-mode strategy that combines Momentum Breakout, Mean Reversion, and Fibonacci Retracement models built on Fibonacci-period moving averages.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code167
Settings17inputs
LicenceNone stated
Last update1 year ago10 Jan 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
Sapphire Fibonacci Strategies generates long and short trade signals based on price crossovers and moving average alignments. The strategy manages exits using percentage-based stop loss and take profit targets. Key options include toggling individual entry models, choosing between SMA and EMA calculations for each sub-strategy, and enforcing an EST trading session window filter. All elements plot directly on the price chart.
- Three Fibonacci moving average strategy modes
- Toggleable SMA and EMA calculation modes
- Percentage-based stop loss and take profit controls
- EST trading session window filter
Details
Published by
sapphire-edge on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Moving averages, Mean reversion, Breakout
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 |
|---|---|---|---|
| Enable Long Signals | bool | true | enableMomentumLong |
| Enable Short Signals | bool | true | enableMomentumShort |
| Use EMA? (Off: SMA,On: EMA) | bool | false | useEMAMomentum |
| Show Plots? | bool | true | showMomentumPlots |
| Enable Long Signals | bool | true | enableMeanReversionLong |
| Enable Short Signals | bool | true | enableMeanReversionShort |
| Use EMA? (Off: SMA,On: EMA) | bool | false | useEMAMeanReversion |
| Show Plots? | bool | true | showMeanReversionPlots |
| Enable Long Signals | bool | true | enableFibonacciLong |
| Enable Short Signals | bool | true | enableFibonacciShort |
| Use EMA? (Off: SMA,On: EMA) | bool | false | useEMAFibonacci |
| Show Plots? | bool | true | showFibonacciPlots |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Take Profit % | float | 1.5 | takeProfitPerc |
| Stop Loss % | float | 1.0 | stopLossPerc |
| Enable Trading Window (EST) | bool | true | useTradingWindowFilter |
| Show Background Fill | bool | true | showBackgroundFill |
| Trading Window | session | 0930-1600:1234567 | tradingWindow |
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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