This strategy overlays Supertrend-style ATR trailing stop levels on the price chart alongside multi-period moving averages, volume metrics, and Bollinger Bands. It flags trend direction changes using an ATR offset channel, plotting buy and sell signals directl
Strategy · Pine Script v6 · On the chart
TN Sovereign Fakeout Filter v6
This overlay strategy builds long and short signals from a fast EMA crossing a slow EMA.
GitHub stars1on the repository
Pine versionv6current
Lines of code114
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
Optional filters require elevated volume versus a volume average, a set number of confirmation bars, alignment with a higher-timeframe EMA, and a minimum bar move versus ATR. ATR multipliers set the stop and take-profit distances, and size defaults to a percent of equity. It draws on the price chart. The excerpt ends before the order calls, and the higher-timeframe EMA uses a prior-bar offset.
- Fast and slow EMA crossover signals
- Volume, bar, HTF and ATR filters
- ATR stop and take-profit multipliers
- Higher-timeframe EMA trend alignment
- Percent-of-equity position sizing
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands, Volume
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 |
|---|---|---|---|
| Fast EMA | int | 9 | fastLen |
| Slow EMA | int | 21 | slowLen |
| ATR Length | int | 14 | atrLen |
| SL (ATR Mult) | float | 2.0 | slMult |
| TP (ATR Mult) | float | 3.0 | tpMult |
| Enable Volume Filter | bool | true | useVol |
| Volume MA Length | int | 20 | volMA |
| Volume Multiplier | float | 1.5 | volMult |
| Enable Bar Confirmation | bool | true | useBar |
| Confirmation Bars | int | 1 | barConf |
| Enable HTF Trend Filter | bool | true | useHTF |
| HTF Timeframe | timeframe | 60 | htfTF |
Show all 15 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| HTF EMA Length | int | 50 | htfLen |
| Enable ATR Noise Filter | bool | true | useATR |
| Min Move (ATR Mult) | float | 0.3 | atrNoise |
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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