Strategy · Pine Script v6 · On the chart

TN Sovereign MTF Dual-Layer v6

by raybird

This multi-timeframe strategy combines higher-timeframe trend context with lower-timeframe execution.

View on GitHub

Repaints

GitHub stars1on the repository
Pine versionv6current
Lines of code89
Settings12inputs
LicenceNone stated
Last update2 months ago15 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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 MTF Dual-Layer v6 evaluates macro trend direction on a higher timeframe using Exponential Moving Average crosses and a Supertrend indicator. On the lower timeframe, entry signals trigger when fast and slow EMAs cross in alignment with the macro trend, confirmed by volume spikes and ATR noise filters. Positions are dynamically sized by risk percentage and ATR distance, utilizing ATR multipliers for fixed stop loss and take profit levels.

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

M1-M5, M15-H1

Risk Notes

  • Reads higher-timeframe data with lookahead on, so the history can show signals that were not there in real time

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Macro Timeframestring5trendTF
Macro Fast EMAint9macroFast
Macro Slow EMAint21macroSlow
Supertrend Factorfloat3.0stFact
Supertrend ATR Periodint10stLen
Entry Fast EMAint9entFast
Entry Slow EMAint21entSlow
ATR Periodint14atrLen
Volume Confirmation Multfloat1.3volMult
Risk % Per Tradefloat1.0riskPct
Stop Loss (ATR Mult)float2.0slMult
Take Profit (ATR Mult)float4.0tpMult
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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