by 
2 EMA/SMA + RSI Strategy [Alorse] combines three configurable moving averages with a short-period Relative Strength Index filter. It plots fast, slow, and trend moving averages on the price chart. Long entries trigger when the fast moving average is above the
Strategy · Pine Script v6 · On the chart
Stochastic Final Version
This strategy combines Exponential Moving Averages and a Stochastic Oscillator to generate trading signals directly on the main price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code131
Settings3inputs
LicenceNone stated
Last update7 months ago27 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
Long positions enter when %K crosses above %D below an oversold threshold of 40, exiting on a crossunder above an overbought threshold of 60. Short entries trigger when %K crosses below %D above 60 and exit on a crossover below 40. It uses fixed dollar sizing per order and permits up to ten pyramiding positions. The strategy lacks hard stop loss or take profit levels, depending strictly on signal crossovers to close trades.
- Stochastic %K and %D crossover signals
- Triple Exponential Moving Average plot
- Date range execution filter
- Pyramiding up to 10 open positions
Details
Published by
gabriel-klettur on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy can add several entries in the same direction
- 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 |
|---|---|---|---|
| K Period | int | 14 | k_period |
| D Period | int | 3 | d_period |
| Smoothing | int | 3 | smooth |
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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