Strategy · Pine Script v6 · On the chart

Tn Sovereign RSI ATR

by raybird

A simple trend and momentum strategy on the price chart.

View on GitHub

GitHub stars1on the repository
Pine versionv6current
Lines of code74
Settings7inputs
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 RSI ATR goes long when RSI is above an upper threshold while price sits above a 200-period EMA, and short when RSI is below a lower threshold with price under the EMA. Each entry places an ATR-based stop loss and take profit. A small table shows RSI, regime bias and ATR, and triangles mark signals. Thresholds, EMA length and ATR multiples are adjustable.

Details

Published by

raybird on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Oscillators & momentum, Trend

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.

SettingTypeDefaultVariable
RSI 週期int14rsiLen
做多 RSI 門檻float60rsiLong
做空 RSI 門檻float40rsiShort
趨勢地板 (EMA)int200trendLen
ATR 週期int14atrLen
止損 ATR 倍數float2.0slMult
獲利 ATR 倍數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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