This strategy places buy-stop and sell-stop orders around the opening-session high and low, offset by a user-defined pip gap, and only allows those orders during a separate trading session. It exits with a fixed or ATR-based stop loss and a matching take-profi
Strategy · Pine Script v6 · On the chart
TN Session Sovereign V6 [TeleNexus]
TN Session Sovereign V6 is a session breakout strategy designed for Pine Script v6.
GitHub stars1on the repository
Pine versionv6current
Lines of code108
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 Session Sovereign V6 [TeleNexus] calculates the high and low range established during the Asia session and monitors breakouts during the London session using lower-timeframe data. Entries trigger when price expands beyond the Asia range during London trading hours with high breakout volume. Positions are managed with an ATR-based stop loss and a flexible risk-to-reward ratio take profit target. The strategy renders directly on the main price chart.
- Session state machine tracking Asia range and London trading phase
- Lower-timeframe 1-minute volume audit for breakout validation
- User-defined type (UDT) and enum tracking across sessions
- ATR-based stop loss with risk-to-reward ratio profit target
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Sessions & time, Breakout, Volatility & bands
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 |
|---|---|---|---|
| Asia Range (GMT) | session | 0300-0700:1234567 | asiaSession |
| London Session (GMT) | session | 0800-1600:1234567 | londonSession |
| SL ATR Mult | float | 1.5 | atrMult |
| Risk:Reward Ratio | float | 2.0 | rrRatio |
| Breakout Vol Multiplier | float | 1.2 | volThresh |
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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