This strategy enters long when a faster moving average crosses above a slower one and short when it crosses below, unless long-only mode is on. An optional volume filter requires volume above a 20-bar average times a multiplier. Exits use a percentage stop los
Strategy · Pine Script v6 · On the chart
TN Sovereign
A strategy on the price chart that scores each setup from 0 to 4 using volume against its average, higher-timeframe EMA trend, bar movement against an ATR noise level and fast versus slow EMA alignment.
GitHub stars1on the repository
Pine versionv6current
Lines of code97
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
Long entries are linked to a fast EMA crossing above the slow EMA when the score meets the minimum and the higher-timeframe trend is bullish. Timeframe, EMA lengths and thresholds are inputs. The listing is cut off, so exit rules are not shown.
- Four-layer scoring system
- Fast and slow EMA crossover
- Higher-timeframe EMA trend filter
- Volume and ATR noise filters
Details
Published by
raybird on GitHub
Type
Draws
On the price chart
Category
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 |
|---|---|---|---|
| HTF Timeframe | string | D | htfTF |
| HTF EMA Length | int | 50 | htfLen |
| Volume Multiplier | float | 1.5 | volMult |
| ATR Noise Filter | float | 0.5 | atrMult |
| Fast EMA | int | 9 | fastLen |
| Slow EMA | int | 21 | slowLen |
| Min Sovereign Score | int | 3 | minScore |
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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