This strategy captures strong bullish momentum by combining a 200-period SMA baseline, a custom Bollinger Band, the True Strength Index (TSI) smoothed with WMAs, and the ADX trend strength indicator. It initiates long positions when price is above the 200 SMA,
Strategy · Pine Script v6 · Own pane
Sentiment 2
Sentiment 2 is a trend-following strategy that calculates a normalized composite market sentiment score ranging between 0 and 1.
GitHub stars1on the repository
Pine versionv6current
Lines of code708
Settings40inputs
LicenceNone stated
Last update5 months ago25 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
Sentiment 2 combines exponential and Hull moving average slopes, high/low midpoints, Supertrend distances, and Parabolic SAR metrics. Plotted in a separate pane with entry and exit threshold lines, the strategy generates long or short trade signals when sentiment crosses predefined values. Users can toggle individual technical components and adjust threshold levels or trading modes. A key limit is that the strategy operates without a hard stop loss by default.
- Composite market sentiment score
- Normalized EMA and HMA slope analysis
- Multi-factor Supertrend and PSAR metrics
- Threshold-driven strategy entries and exits
Details
Published by
ggamer5555 on GitHub
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Trend, Moving averages, Volatility & bands, Oscillators & momentum
Markets
Any symbol
Timeframes
M15-H1, H4 and above
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Slope Array Size | int | 2000 | array_size_ema |
| shorts_enabled | bool | false | shorts_enabled |
| longs_enabled | bool | true | longs_enabled |
| trading_enabled | bool | true | trading_enabled |
| long_thresh_entry | float | 0.8 | long_thresh_entry |
| short_thresh_entry | float | 0.1 | short_thresh_entry |
| long_thresh_exit | float | 0.7 | long_thresh_exit |
| short_thresh_exit | float | 0.2 | short_thresh_exit |
| trading_mode entry | int | 2 | trading_mode |
| ema_enabled | bool | true | ema_enabled |
| EMA Length Slow | int | 200 | average_periods |
| EMA Length Medium | int | 150 | average_periods1 |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA Length Fast | int | 100 | average_periods2 |
| EMA Length Ultra-Fast | int | 50 | average_periods3 |
| hma_enabled | bool | true | hma_enabled |
| hl_enabled | bool | true | hl_enabled |
| hl_sma_length | int | 1 | hl_sma_length |
| hl legth 1 | int | 125 | hl_length1 |
| hl legth 2 | int | 100 | hl_length2 |
| hl legth 3 | int | 75 | hl_length3 |
| hl legth 4 | int | 50 | hl_length4 |
| super_enabled | bool | true | super_enabled |
| ATR Length 1 | int | 10 | atrPeriod_S1 |
| Factor 1 | float | 3.0 | factor_S1 |
| ATR Length 2 | int | 10 | atrPeriod_S2 |
| Factor 2 | float | 4.0 | factor_S2 |
| ATR Length 3 | int | 10 | atrPeriod_S3 |
| Factor 3 | float | 6.0 | factor_S3 |
| ATR Length 4 | int | 10 | atrPeriod_S4 |
| Factor 4 | float | 8.0 | factor_S4 |
| sar_enabled | bool | true | sar_enabled |
| start_SAR_1 | float | 0.001 | start_SAR_1 |
| increment_SAR_1 | float | 0.001 | increment_SAR_1 |
| Max Value | float | 0.1 | maximum_SAR_1 |
| start_SAR_2 | float | 0.0008 | start_SAR_2 |
| increment_SAR_2 | float | 0.0008 | increment_SAR_2 |
| Max Value | float | 0.008 | maximum_SAR_2 |
| start_SAR_3 | float | 0.0005 | start_SAR_3 |
| increment_SAR_3 | float | 0.0005 | increment_SAR_3 |
| Max Value | float | 0.005 | maximum_SAR_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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