This strategy overlays the price chart to trade DAX futures during European market hours. It calculates exponential and simple moving averages, RSI, MACD, Bollinger Bands, ATR, and realized volatility to simulate VIX levels. Trades execute when session time fi
Strategy · Pine Script v6 · On the chart
TeleNexus Sovereign BTC MTF Mean-Reversion V6
This strategy trades Bitcoin mean reversion on the one-minute chart.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code292
Settings22inputs
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
TeleNexus Sovereign BTC MTF Mean-Reversion V6 enters at Bollinger Band extremes when a short RSI is stretched, then requires ranging ADX on the one- and five-minute charts, a neutral five-minute RSI, and a flat five-minute EMA. Wick size, spread, and volatility filters gate signals. It sizes by fixed dollar risk, places ATR stops and take profits, and applies daily loss limits, streak cooldowns, and a New York session filter. A dashboard table is drawn on the price chart. Signals can change on the live bar.
- Bollinger extremes with short RSI
- 1m and 5m ADX ranging filters
- ATR stop and take profit
- Fixed-dollar risk and loss cooldowns
- NY session filter and dashboard
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Volatility & bands, Oscillators & momentum, Sessions & time
Markets
Crypto
Timeframes
M1-M5
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Risk per trade ($) | float | 50 | riskDollars |
| Daily loss limit ($) | float | 150 | dailyLossLimit |
| Max consecutive losses | int | 3 | maxLossStreak |
| BB Length | int | 20 | bbLen |
| BB Multiplier | float | 2.5 | bbMult |
| RSI Length | int | 2 | rsiLen |
| ATR Length | int | 14 | atrLen |
| ATR Stop Multiplier | float | 0.5 | atrMultSL |
| ATR Take Profit Multiplier | float | 0.25 | atrMultTP |
| Max Wick % of Candle | float | 0.35 | wickLimit |
| Cooldown after 1 loss | int | 5 | cooldownBars1 |
| Cooldown after 2 losses | int | 10 | cooldownBars2 |
Show all 22 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| ADX Length (1m) | int | 14 | adxLen1m |
| ADX Threshold 1m (Ranging < 20) | float | 20 | adxThreshold1m |
| ADX Length (5m) | int | 14 | adxLen5m |
| ADX Threshold 5m (Ranging < 20) | float | 20 | adxThreshold5m |
| RSI Length (5m) | int | 14 | rsi5mLen |
| RSI 5m Lower | float | 40 | rsi5mLow |
| RSI 5m Upper | float | 60 | rsi5mHigh |
| EMA 5m Length | int | 50 | ema5mLen |
| EMA 5m Slope Threshold (%) | float | 0.03 | emaSlopeThresh |
| Max Spread (USD) | float | 5.0 | spreadThresh |
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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