This strategy enters long positions during a specified trading session when multiple technical indicators align. It executes a buy order when the low drops below the lower Bollinger Band while RSI and ADX exceed configurable threshold values, price closes abov
Strategy · Pine Script v6 · On the chart
TQQQ TSI Divergence
This strategy identifies hidden bullish and bearish divergences between price pivots and the True Strength Index (TSI) indicator.
GitHub stars2on the repository
Pine versionv6current
Lines of code264
Settings17inputs
LicenceNone stated
Last update7 days ago21 Oct 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
TQQQ TSI Divergence incorporates an Exponential Moving Average (EMA) trend filter and a customizable trading session time window. Long positions enter on hidden bullish divergences during uptrends, while short positions enter on hidden bearish divergences during downtrends. Trade management includes initial percentage stop losses, break-even trailing triggers, cooldown periods, and an end-of-session forced exit.
- TSI hidden divergence detection
- EMA trend direction filter
- Time-of-day session execution filter
- Percentage-based trailing stop loss
Details
Published by
yalili8521 on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Oscillators & momentum, Divergence, Trend, Sessions & time
Markets
Stocks, Indices
Timeframes
M15-H1
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| TSI Long Length | int | 13 | tsi_long_len |
| TSI Short Length | int | 7 | tsi_short_len |
| TSI Signal Length | int | 7 | tsi_sig_len |
| Pivot Lookback/Forward | int | 5 | pivot_len |
| Max bars between pivots | int | 50 | max_pivot_dist |
| Use EMA trend filter | bool | true | use_trend |
| Trend EMA length | int | 50 | ema_len |
| Session filter | bool | true | use_session |
| Session start hour (ET) | int | 9 | sess_start_h |
| Session start minute | int | 30 | sess_start_m |
| Session end hour (ET) | int | 15 | sess_end_h |
| Session end minute | int | 30 | sess_end_m |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Initial Stop Loss % | float | 0.50 | sl_pct |
| BE trigger % (activates trail) | float | 0.20 | be_trigger_pct |
| Trailing Stop % | float | 0.40 | trail_pct |
| Allow shorts | bool | true | allow_short |
| Bars between trades | int | 10 | cooldown_bars |
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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