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 · Own pane
TeleNexus Sovereign Z-Score Reversion
This strategy draws in a separate pane and trades intraday reversion toward a session VWAP.
GitHub stars1on the repository
Pine versionv6current
Lines of code127
Settings15inputs
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 Z-Score Reversion builds that VWAP and its standard deviation from typical price and volume during New York regular hours, then converts close into a z-score. Shorts require the z-score to reach the entry threshold together with an exhaustion upper wick or overbought RSI. Entries are blocked when ATR sits above a percentile cutoff, outside the session, after the end-of-day clock, or after the daily trade or dollar-loss limit. Positions are flattened at the end-of-day time, and an ATR multiple is an input for the stop.
- Session VWAP z-score
- RSI and wick exhaustion filters
- ATR percentile regime block
- Regular-hours window and end-of-day exit
- Daily trade count and loss cap
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Mean reversion, Oscillators & momentum, Volatility & bands, Sessions & time
Markets
Any symbol
Timeframes
M15-H1
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 |
|---|---|---|---|
| Z-Score Entry Threshold | float | 1.8 | i_zEntry |
| RSI Length | int | 14 | i_rsiLen |
| RSI Overbought | float | 75.0 | i_rsiOB |
| RSI Oversold | float | 25.0 | i_rsiOS |
| Exhaustion Wick:Body Ratio | float | 2.0 | i_wickMult |
| ATR Length | int | 14 | i_atrLen |
| ATR Percentile Lookback | int | 100 | i_atrPctRank |
| Block Above ATR %ile | float | 80.0 | i_atrBlockPct |
| SL (x ATR) | float | 1.5 | i_atrSL |
| EOD Hour (ET) | int | 15 | i_eodHour |
| EOD Min (ET) | int | 45 | i_eodMin |
| Max Daily Loss ($) | float | 500.0 | i_maxDailyLoss |
Show all 15 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Max Trades/Day | int | 3 | i_maxTrades |
| RTH Start Hour (ET) | int | 9 | i_rthStartHour |
| RTH Start Min (ET) | int | 30 | i_rthStartMin |
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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