by 
This strategy generates trading signals on the 5-minute price chart using Williams Fractals for trend reversals, combined with EMA fast and slow trend filters and optional RSI confirmation. Long entries trigger on bullish fractals aligned with rising EMA and R
Strategy · Pine Script v5 · On the chart
WINNER MNQ Strategy - Optimized 2026
This strategy executes trend-following scalping setups by combining fast and slow exponential moving averages with a smoothed Stochastic oscillator.
Repaints
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code122
Settings14inputs
LicenceNone stated
Last update7 months ago13 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
WINNER MNQ Strategy - Optimized 2026 enters long positions when the fast EMA is above the slow EMA and the Stochastic is oversold, and short positions under inverted conditions. Exits are handled through a fixed dollar hard stop loss and an ATR-based take-profit target. Configurable inputs include EMA lengths, Stochastic boundaries, ATR parameters, and dollar stop values. It plots directly on the price chart and recalculates on every tick.
- Dual EMA trend filter
- Smoothed Stochastic momentum trigger
- Fixed-dollar hard stop loss calculation
- ATR-based risk-to-reward take-profit target
Details
Published by
investmentbico on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Moving averages, Scalping
Markets
Indices
Timeframes
M1-M5
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fast EMA | int | 21 | fastEMA |
| Slow EMA | int | 55 | slowEMA |
| Stoch %K Length | int | 9 | stochK |
| Stoch %D Length | int | 3 | stochD |
| Stoch Smooth | int | 2 | stochSmooth |
| Stoch Low Threshold | int | 25 | stochLo |
| Stoch High Threshold | int | 75 | stochHi |
| ATR Length | int | 9 | atrLen |
| ATR Multiplier for SL | float | 2.0 | atrMultSL |
| Take Profit (R:R) | float | 1.8 | takeProfitRR |
| Hard Stop Loss ($) | float | 80.0 | hardStopDollars |
| Use TP (enable/disable) | bool | true | useTP |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Use ATR trailing stop | bool | false | useTrailing |
| Move SL to breakeven after points | float | 3.0 | breakevenAfterProfit |
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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