This strategy plots running pivot highs as red R circles and pivot lows as blue S circles directly on the price chart. It computes an EMA 3 and a Cto trend line from close prices, then generates long signals on upward EMA-Cto crossovers combined with price pos
Strategy · Pine Script v6 · On the chart
TN Sovereign Ichimoku Causal
This strategy implements a modified Ichimoku Cloud system with causal HTF trend filtering on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code79
Settings10inputs
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 Ichimoku Causal computes Tenkan-sen, Kijun-sen, Senkou A and B lines using user-set lengths for displacement. Long signals trigger on cloud breakout above with Tenkan above Kijun and bullish HTF EMA regime. Short signals trigger on cloud breakdown below with Tenkan below Kijun and bearish HTF regime. Positions size to risk a percentage of equity with ATR-based stop loss and take profit. Main settings adjust cloud components and risk multipliers; notable limit is fixed ATR multiples without adaptive positioning.
- Ichimoku Cloud breakout
- HTF causal trend filter
- ATR risk management
- Tenkan Kijun lines
- Sovereign entry logic
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Breakout
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 |
|---|---|---|---|
| Tenkan-sen | int | 9 | tenkanLen |
| Kijun-sen | int | 26 | kijunLen |
| Senkou B | int | 52 | senkouB_Len |
| Displacement | int | 26 | displacement |
| Enable HTF Trend Filter | bool | true | useHTF |
| HTF Timeframe | timeframe | 240 | htfTF |
| HTF EMA Length | int | 200 | htfLen |
| Risk % Per Trade | float | 1.0 | riskPct |
| Stop Loss (ATR Mult) | float | 1.5 | slMult |
| Take Profit (ATR Mult) | float | 3.0 | 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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