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 v6
This price-chart strategy enters long when a fast EMA crosses above a slow EMA and short when it crosses below, provided optional filters pass.
GitHub stars1on the repository
Pine versionv6current
Lines of code97
Settings12inputs
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
Volume must exceed a multiple of its average, price must sit on the matching side of a higher-timeframe EMA, and the latest bar move must exceed a fraction of ATR. Stops and targets are ATR multiples, and size is a percent of equity. A small table shows filter status after the bar confirms. Despite the name, the visible logic is an EMA cross, not a fakeout pattern.
- Fast and slow EMA crossover entries
- ATR stop loss and take profit
- Volume, higher-timeframe EMA, and ATR noise filters
- Percent-of-equity position sizing
- Top-right filter status table
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 |
|---|---|---|---|
| 快線 EMA | int | 9 | fastLen |
| 慢線 EMA | int | 21 | slowLen |
| ATR 週期 | int | 14 | atrLen |
| 止損 ATR 倍數 | float | 2.0 | slMult |
| 獲利 ATR 倍數 | float | 3.0 | tpMult |
| 啟用成交量審計 | bool | true | useVol |
| 成交量倍數 | float | 1.5 | volMult |
| 啟用 HTF 趨勢地板 | bool | true | useHTF |
| HTF 時框 | string | 240 | htfTF |
| HTF EMA 週期 | int | 200 | htfLen |
| 啟用 ATR 雜訊過濾 | bool | true | useNoise |
| 最小波幅 (ATR×) | float | 0.3 | atrMin |
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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