This strategy calculates and plots 9, 21, 50, 90, and 200-period Simple Moving Averages on the main price chart. It constructs a modified On-Balance Volume (OBV) metric and calculates a MACD oscillator based on this custom volume series rather than price. Long
Strategy · Pine Script v6 · On the chart
TnSovereignEntropyCausalityV6
TnSovereignEntropyCausalityV6 evaluates directional information flow between volume and price using symbolic encoding and an approximated transfer entropy metric.
GitHub stars1on the repository
Pine versionv6current
Lines of code99
Settings5inputs
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
TnSovereignEntropyCausalityV6 calculates whether volume precedes price moves across a selectable lookback window while filtering out choppy price action with a fractal efficiency ratio and a 10/50 SMA trend filter. Entries execute when volume leads price above the transfer entropy threshold in alignment with trend and momentum conditions. Risk management inputs provide ATR-based stop losses and risk-to-reward profit targets on the main chart.
- Symbolic price and volume state encoding
- Simulated transfer entropy causality detection
- Fractal efficiency noise filtering
- Dual SMA trend direction confirmation
- ATR-based stop-loss and risk-to-reward targets
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Volume, Trend, Oscillators & momentum
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 |
|---|---|---|---|
| ΔTE Causal Threshold | float | 0.1 | te_threshold |
| Causal Encoding Lookback | int | 20 | lookback |
| Enable SNR Bottleneck Pruning | bool | true | snr_filter |
| Stop Loss ATR Multiple | float | 2.0 | sl_atr_mult |
| Take Profit R:R Ratio | float | 2.5 | tp_rr_ratio |
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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