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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
Sentinel Intelligence Strategy
A strategy that trades mean reversion using a composite score built from RSI, MACD, 50 and 200 SMA trend, Bollinger bands, Z-score and volume.
GitHub stars1on the repository
Pine versionv6current
Lines of code439
Settings23inputs
LicenceNone stated
Last update4 months ago27 Jun 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
Longs and shorts trigger when oversold or overbought readings agree with a confidence gate, with filters against buying exhaustion or shorting capitulation and an optional weekly alignment check. Stops are set as an ATR multiple and can move to breakeven after a one ATR gain. Position size is a percentage of equity risked per trade.
- Composite score entries with confidence gate
- Exhaustion and capitulation blocking filters
- ATR stop with breakeven move
- Percent of equity risk position sizing
Details
Published by
FolahanWilliams on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Oscillators & momentum
Markets
Any symbol
Timeframes
H4 and above
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 |
|---|---|---|---|
| Confidence Gate (min score to trigger) | int | 65 | i_confGate |
| Confidence Floor (absolute minimum) | int | 30 | i_confFloor |
| Block buying into exhaustion (RSI>80 + bearish MACD) | bool | true | i_blockExhaustion |
| Block shorting at capitulation (RSI<20 + bullish MACD) | bool | true | i_blockCapitulation |
| Require weekly timeframe alignment | bool | true | i_requireMTF |
| RSI Length | int | 14 | i_rsiLen |
| MACD Fast | int | 12 | i_macdFast |
| MACD Slow | int | 26 | i_macdSlow |
| MACD Signal | int | 9 | i_macdSignal |
| SMA Fast (trend) | int | 50 | i_smaFast |
| SMA Slow (trend) | int | 200 | i_smaSlow |
| ATR Length | int | 14 | i_atrLen |
Show all 23 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Bollinger Band Length | int | 20 | i_bbLen |
| Bollinger StdDev Multiplier | float | 2.0 | i_bbMult |
| Z-Score Lookback | int | 20 | i_zLen |
| Volume Average Length | int | 20 | i_volLen |
| ATR Stop Multiplier (default) | float | 1.5 | i_atrStopDefault |
| Move stop to breakeven after +1x ATR | bool | true | i_trailAfterATR |
| Risk Per Trade % | float | 2.0 | i_riskPct |
| Show stop loss / target levels | bool | true | i_showStops |
| Show TA composite score | bool | true | i_showScore |
| Show confluence meter | bool | true | i_showConfluence |
| Show buy/sell labels on chart | bool | true | i_showSignalLabels |
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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