Strategy · Pine Script v6 · On the chart

USD/JPY Forex Strategy [trugurpala]

by trugurpala

This strategy trades USD/JPY on the price chart.

View on GitHub

GitHub stars4on the repository
Pine versionv6current
Lines of code53
Settings5inputs
LicenceMIT
Last update2 months ago3 Aug 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  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

53 lines of Pine Script v6 from global-markets/07_usdjpy_forex.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

07_usdjpy_forex.pine
//@version=6
// USD/JPY Forex Strategy — Tokyo + London Session
// github.com/trugurpala/pinescriptv6 — Author: Ugur Pala
//
// TR: Sembol: FX:USDJPY
// EN: Symbol: FX:USDJPY
// Tokyo: 00:00–09:00 GMT | London: 08:00–16:00 GMT
// Not: BOJ müdahaleleri ve faiz kararlarına dikkat
// Note: Watch for BOJ interventions and rate decisions
strategy("USD/JPY Forex Strategy [trugurpala]",
    overlay           = true,
    initial_capital   = 10000,
    default_qty_type  = strategy.percent_of_equity,
    default_qty_value = 2,
    commission_type   = strategy.commission.percent,
    commission_value  = 0.005,
    slippage          = 1)

// ── Inputs ───────────────────────────────────────────────────────────────────
int   fastLen  = input.int(9,    "Fast EMA",  minval=1)
int   slowLen  = input.int(21,   "Slow EMA",  minval=1)
int   atrLen   = input.int(14,   "ATR",       minval=1)
float slMult   = input.float(1.5, "SL Mult",  step=0.1)
float tpMult   = input.float(2.5, "TP Mult",  step=0.1)

// ── Tokyo + London Seans ──────────────────────────────────────────────────────
bool tokyo   = not na(time(timeframe.period, "0000-0900", "GMT"))
bool london  = not na(time(timeframe.period, "0800-1600", "GMT"))
bool inSes   = tokyo or london

// ── Hesaplamalar ──────────────────────────────────────────────────────────────
float fastEma = ta.ema(close, fastLen)
float slowEma = ta.ema(close, slowLen)
float atrVal  = ta.atr(atrLen)
bool bullCross = ta.crossover(fastEma, slowEma) and inSes
bool bearCross = ta.crossunder(fastEma, slowEma) and inSes

// ── Entries ──────────────────────────────────────────────────────────────────
if bullCross
    strategy.entry("Long", strategy.long)
    strategy.exit("Long Exit", "Long", stop=close-slMult*atrVal, limit=close+tpMult*atrVal)
if bearCross
    strategy.entry("Short", strategy.short)
    strategy.exit("Short Exit", "Short", stop=close+slMult*atrVal, limit=close-tpMult*atrVal)

// ── Visuals ──────────────────────────────────────────────────────────────────
bgcolor(tokyo and london ? color.new(color.purple, 93) :
        inSes            ? color.new(color.blue,   96) :
                           color.new(color.gray,   97))
plot(fastEma, "Fast", fastEma > slowEma ? color.green : color.red,    linewidth=2)
plot(slowEma, "Slow", fastEma > slowEma ? color.lime  : color.orange, linewidth=2)
plotshape(bullCross, "Long",  shape.triangleup,   location.belowbar, color.green)
plotshape(bearCross, "Short", shape.triangledown, location.abovebar, color.red)

Overview

USD/JPY Forex Strategy [trugurpala] enters long when a fast EMA crosses above a slow EMA and short when the fast EMA crosses below, but only during the Tokyo or London sessions in GMT. Each entry places an ATR-based stop loss and take profit using the close at the signal. Settings change EMA lengths, ATR length, and the stop and take-profit multipliers. It plots both EMAs, marks entries with triangles, and shades the chart background by session. Position size defaults to a percent of equity.

Details

Published by

trugurpala on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Category

Trend, Moving averages, Volatility & bands, Sessions & time

Markets

Forex

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.

Topics

aialgorithmic-tradingclaude-codecodexcoding-agentsgithub-copilotopen-sourcepine-scriptpine-script-v6technical-analysis

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Fast EMAint9fastLen
Slow EMAint21slowLen
ATRint14atrLen
SL Multfloat1.5slMult
TP Multfloat2.5tpMult
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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