This strategy enters trades in the opposite direction of filled value gaps, operating under the assumption that price action will resume the primary trend after filling a recent gap. It plots directly on the main price chart and supports MA-based trend filters
Strategy · Pine Script v6 · On the chart
TN Sovereign Market Structure v6
TN Sovereign Market Structure v6 is an overlay strategy that identifies market structure breaks and trends using pivot points, a 50-period Exponential Moving Average (EMA), and the Ichimoku Cloud.
GitHub stars1on the repository
Pine versionv6current
Lines of code95
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 Market Structure v6 detects Break of Structure (BOS) signals when price closes past recent pivot highs or lows, provided price aligns with the EMA and Ichimoku Cloud boundaries. Long and short entries are sized dynamically based on account equity risk. Exits are managed via ATR-based stop loss and take profit targets. Pivots require right-bar confirmation, creating a structural lag before levels update.
- Break of Structure pivot detection
- EMA and Ichimoku trend filters
- ATR-based stop loss and take profit
- Equity percentage risk position sizing
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
SMC / ICT / price action, Trend, Support & resistance
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 |
|---|---|---|---|
| Pivot Left Bars | int | 5 | leftBars |
| Pivot Right Bars | int | 3 | rightBars |
| Enable BOS Filter | bool | true | useBOS |
| Enable EMA Filter (50) | bool | true | useEMA |
| EMA Length | int | 50 | emaLen |
| Enable Ichimoku Cloud | bool | true | useIchimoku |
| Risk % Per Trade | float | 1.0 | riskPct |
| ATR Length | int | 14 | atrLen |
| 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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