This overlay strategy targets one-minute ATOM scalps. It tracks pivot highs and lows as resistance and support, compares a three-period EMA with a multi-stage smoothed close, and flags long or short when price crosses that curve in the matching direction. Dail
Strategy · Pine Script v6 · On the chart
TN Sovereign Fibonacci
A Fibonacci pullback strategy on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code66
Settings7inputs
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 Sovereign Fibonacci finds the highest high and lowest low over a lookback, then draws long and short retracement levels at a chosen ratio from 0.236 to 0.786. A trade is only considered at one specific hour, in the direction of a 200 EMA trend, when price has reached the level. Position size comes from a risk percentage and the ATR stop distance, with an ATR take profit.
- Fibonacci retracement levels from rolling range
- Single entry hour filter
- 200 EMA trend filter
- Risk-percentage sizing from ATR stop
- ATR take profit
Details
Published by
raybird on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| Fibonacci Level | float | 0.382 | fibLevel |
| HL Lookback Period | int | 100 | lookback |
| Causal Entry Hour (CST) | int | 8 | entryHour |
| Trend Filter EMA | int | 200 | maLen |
| Risk % Per Trade | float | 1.0 | riskPct |
| Stop Loss (ATR Mult) | float | 2.0 | slMult |
| Take Profit (ATR Mult) | float | 4.0 | tpMult |
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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