This overlay strategy is built for ES futures on the one-minute chart. It plots a volume-weighted moving average of price opens and standard-deviation bands at Fibonacci ratios, plus a second longer volume-weighted average from a higher-timeframe open. Call an
Strategy · Pine Script v6 · On the chart
TN PineGen LVN Reject/Accept [TeleNexus]
This strategy detects Low Volume Node rejection and acceptance signals on the price chart using an SMA basis and ATR bands.
GitHub stars1on the repository
Pine versionv6current
Lines of code44
Settings5inputs
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
TN PineGen LVN Reject/Accept [TeleNexus] calculates LVN upper and lower bands as the basis plus or minus the width multiplier times ATR. Long entries trigger on rejection or acceptance conditions when volume is low and no position is open. Short entries trigger similarly. Exits use an ATR-based stop loss and fixed risk-reward ratio targets. Settings adjust LVN detection length, ATR period, band width, stop multiplier, and risk-reward. The strategy draws only on the price chart and supports any market with 5 percent equity position sizing.
- LVN Bands
- Rejection Acceptance Signals
- Volume Filter
- ATR Risk Management
- Risk Reward Exits
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Volatility & bands, Support & resistance, Volume, Mean reversion
Markets
Any symbol
Timeframes
Any timeframe
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 |
|---|---|---|---|
| LVN Detection Length | int | 40 | zoneLen |
| ATR Length | int | 14 | atrLen |
| LVN Width (ATR mult) | float | 0.8 | zoneW |
| Stop ATR Mult | float | 1.5 | stopM |
| Risk Reward | float | 2.0 | rr |
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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