A strategy for index charts such as the S&P 500 on five minutes, trading only inside a configurable New York time window. It looks for a large-bodied candle, measured against ATR, that follows a short-term liquidity sweep of recent highs or lows, with an optio
Strategy · Pine Script v6 · On the chart
TeleNexus Sovereign Scalping Pro
A scalping strategy on the price chart built around market structure: change of character, break of structure and inducement sweeps, filtered by RSI extremes, volume, trend EMA, ATR range, session hours and signal confluence.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code328
Settings40inputs
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
A mode selector switches between Conservative, Balanced, Aggressive, ULTRA and Custom presets that change sizing, stops, targets and pyramiding. Optional partial take profits, Kelly sizing and a four-hour trend check are included. It can add several entries and recalculates on every tick.
- Structure and inducement sweep signals
- Five preset modes with different risk levels
- Partial take profits and optional Kelly sizing
- Session, ADR and volume expansion filters
- Pyramiding with multiple entries
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Scalping, SMC / ICT / price action, Sessions & time
Markets
Any symbol
Timeframes
M1-M5
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy can add several entries in the same direction
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Sovereign Mode | string | Balanced | mode |
| CHoCH Period | int | 50 | CHoCH Period |
| IDM Period | int | 10 | IDM Period |
| RSI Length | int | 14 | rsiLen |
| RSI Low | int | 25 | RSI Low |
| RSI High | int | 75 | RSI High |
| Vol SMA | int | 20 | volLen |
| Vol Mult | float | 1.3 | Vol Mult |
| Trend EMA | int | 40 | Trend EMA |
| ATR Length | int | 12 | ATR Length |
| ATR Min % | float | 0.4 | ATR Min % |
| ATR Max % | float | 5.0 | ATR Max % |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Mom Bars | int | 3 | Mom Bars |
| Session Start | int | 1 | Session Start |
| Session End | int | 23 | eHr |
| ADR Length | int | 14 | adrLen |
| Min Range/ADR | float | 0.7 | Min Range/ADR |
| Adaptive Risk (Vol SL/TP) | bool | true | useAdaptiveRisk |
| 4H Trend Confirmation | bool | false | useMTF |
| 4H EMA | int | 50 | htfEmaL |
| Kelly Position Sizing | bool | false | useKelly |
| Kelly Fraction | float | 0.75 | kellyFrac |
| Partial TP | bool | true | usePartialTP |
| TP1 Size % | int | 40 | tp1Frac |
| TP2 Size % | int | 40 | tp2Frac |
| Vol Expansion Filter | bool | true | useVolExp |
| Expansion Lookback | int | 3 | expBars |
| Enhanced Session Filter | bool | true | useEnhSess |
| Signal Confluence | bool | true | useConf |
| Min Confluence | int | 2 | minConf |
| Require Strong Trend | bool | true | useStr |
| Min Trend Strength | float | 1.5 | strMin |
| Dynamic Risk/Reward | bool | true | useDRR |
| Min R:R | float | 3.0 | minRR |
| Structure-Based Stops | bool | true | useStructStop |
| Stop Buffer (ATR) | float | 0.3 | stopBuf |
| Win Rate Adaptation | bool | true | useWRA |
| WR Lookback | int | 20 | wrLook |
| Trade BOS | bool | true | useBos |
| Trade CHoCH | bool | true | useChoch |
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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