This strategy calculates multiple technical indicators including EMAs, SuperTrend, ADX, RSI, MACD, Stochastic, and volume MA to generate entry signals for Indonesian stocks. It supports three entry trigger modes: Composite Score, Pullback, and Breakout, with f
Strategy · Pine Script v6 · On the chart
v29 Coldstart Options Proxy
A strategy that uses the underlying stock as a timing proxy for buying around 21-day at-the-money call options.
GitHub stars1on the repository
Pine versionv6current
Lines of code552
Settings40inputs
LicenceNone stated
Last update2 months ago8 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
A symbol profile preset selects gates and a higher timeframe. Entries depend on a volume profile value area, a swing VWAP, MACD Heikin-Ashi and a squeeze reading, plus a gate for FOMC days combined with an elevated VIX. Size is scaled by a Kelly fraction and a risk percentage, and trades can be force-closed after a number of bars. The tester does not model real option profit and loss.
- Symbol profile presets
- Volume profile and swing VWAP structure
- FOMC and VIX gate
- Kelly-fraction position size score
- Dashboard, gate lights and trade labels
Details
Published by
syrilj on GitHub
Type
Draws
On the price chart
Category
Markets
Timeframes
H4 and above
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingfastapifintechmachine-learningnextjspythonquantitative-financereacttrading
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| ① Symbol profile | string | IONQ | profile |
| Value area fill | bool | true | showVA |
| POC + VWAP lines | bool | true | showLevels |
| Stop / trail while in trade | bool | true | showStops |
| BUY / EXIT markers | bool | true | showSignals |
| Trade labels | bool | true | showLabels |
| Dashboard | bool | true | showDash |
| Gate traffic lights | bool | true | showGates |
| Soft position background | bool | true | cleanBg |
| Target DTE (days) | int | 21 | dteDays |
| OTM % (0 = ATM) | float | 0.0 | otmPct |
| Min size (skip weak) | float | 0.35 | minSizeFrac |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Risk % equity / trade | float | 10.0 | riskPct |
| Kelly fraction | float | 0.5 | kellyFrac |
| Force exit at ~DTE bars | bool | true | exitOnDte |
| Enable FOMC ∧ VIX gate | bool | true | useSurgical |
| FOMC day NOW (manual) | bool | false | fomcDay |
| VIX symbol | symbol | TVC:VIX | vixTicker |
| VIX elevated if above | float | 20.0 | vixElevated |
| VA % | float | 70.0 | vaPct |
| VP rows | int | 25 | rows |
| VP lookback | int | 20 | lookback |
| MACD fast | int | 12 | fastL |
| MACD slow | int | 26 | slowL |
| HTF if Custom | timeframe | D | htfCustom |
| Swing period | int | 50 | prd |
| VWAP APT | float | 20 | baseAPT |
| Vol SMA | int | 20 | volLen |
| Vol look | int | 5 | volLook |
| SQZ length | int | 20 | bbLen |
| BB mult | float | 2.0 | bbMult |
| KC mult | float | 1.5 | kcMult |
| Min confidence | float | 0.55 | minConf |
| Soft confidence | bool | true | softConf |
| Hard stop ATR | float | 1.5 | stopAtr |
| Trail ATR | float | 2.5 | trailAtr |
| Arm trail ATR | float | 1.0 | armTrailAtr |
| Need HTF green | bool | true | c_reqHtf |
| Need above VWAP | bool | true | c_reqAboveVwap |
| Need vol expand | bool | false | c_reqVolExpand |
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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