by 
A momentum strategy combining the TTM Squeeze oscillator with an RSI filter. It calculates linear regression momentum relative to Bollinger Bands and Keltner Channels alongside an RSI oscillator. Long signals trigger when momentum rises from below zero while R
Strategy · Pine Script v4 · Own pane
Uabmeacd
This strategy plots a WaveTrend oscillator and a squeeze-momentum histogram in a separate pane.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code130
Settings23inputs
LicenceNone stated
Last update7 months ago5 Mar 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
Uabmeacd builds WaveTrend from a typical-price EMA channel, marks overbought and oversold bands, and flags WaveTrend crosses. Bollinger Bands and Keltner Channels detect squeeze states, and a linear-regression momentum value can be filtered by a minimum size. Inputs also set a backtest date window, fast and slow RSI lengths, and stop, take-profit, and trailing-stop distances. The provided code ends before any entry or exit orders appear.
- WaveTrend oscillator with overbought and oversold levels
- Bollinger and Keltner squeeze detection
- Linear-regression momentum filter
- Configurable backtest date window
- Stop, take-profit and trailing-stop inputs
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v4
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands
Markets
Crypto
Timeframes
Any timeframe
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 |
|---|---|---|---|
| Backtest Start Year | int | 2021 | fromYear |
| Backtest Start Month | int | 5 | fromMonth |
| Backtest Start Day | int | 18 | fromDay |
| Backtest Stop Year | int | 2021 | thruYear |
| Backtest Stop Month | int | 12 | thruMonth |
| Backtest Stop Day | int | 30 | thruDay |
| Channel Length | int | 10 | n1 |
| Average Length | int | 21 | n2 |
| Over Bought Level 1 | int | 70 | obLevel1 |
| Over Bought Level 2 | int | 53 | obLevel2 |
| Over Sold Level 1 | int | -70 | osLevel1 |
| Over Sold Level 2 | int | -53 | osLevel2 |
Show all 23 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| BB Length | int | 12 | length |
| BB MultFactor | float | 2.0 | mult |
| KC Length | int | 16 | lengthKC |
| KC MultFactor | float | 1.5 | mult_kc |
| Filter for Momenutum value | bool | false | useMomAverage |
| Min for momentum | int | 20 | MomentumMin |
| Stop Loss | int | 600 | stop_loss |
| Take Profit | int | 1000 | take_profit |
| Trailing Stop | int | 20 | trailing_stop |
| Length Fast RSI | int | 5 | len_fast |
| Length Slow RSI | int | 14 | len_slow |
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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