This strategy overlays the price chart to trade DAX futures during European market hours. It calculates exponential and simple moving averages, RSI, MACD, Bollinger Bands, ATR, and realized volatility to simulate VIX levels. Trades execute when session time fi
Strategy · Pine Script v6 · On the chart
XAUUSD Mean Reversion Strategy
This mean-reversion trading strategy targets XAUUSD during the Asian trading session.
GitHub stars2on the repository
Pine versionv6current
Lines of code139
Settings10inputs
LicenceNone stated
Last update4 months ago9 Jun 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
XAUUSD Mean Reversion Strategy generates buy signals when price touches the lower Bollinger Band and RSI is oversold, and sell signals when price reaches the upper band and RSI is overbought. Trades are exited via an ATR-based stop loss, profit target at the previous bar VWAP, or a maximum holding time limit. User settings allow customization of Bollinger Band parameters, RSI thresholds, ATR stop loss multiplier, time window, and maximum holding bar count. The script overlays directly on the main price chart.
- Asian session filtering based on custom hour inputs
- Bollinger Bands and RSI indicator confirmation
- VWAP profit target using previous bar offset to avoid lookahead
- ATR-based dynamic stop loss and bar count exit rules
Details
Published by
Young666YHF on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Sessions & time, Oscillators & momentum, Volatility & bands
Markets
Gold
Timeframes
M1-M5, 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 |
|---|---|---|---|
| 布林带周期 | int | 20 | bb_period |
| 布林带标准差 | float | 2.0 | bb_std |
| RSI周期 | int | 14 | rsi_period |
| RSI超卖阈值 | int | 25 | rsi_oversold |
| RSI超买阈值 | int | 75 | rsi_overbought |
| ATR周期 | int | 14 | atr_period |
| 止损ATR倍数 | float | 1.0 | stop_loss_atr_mult |
| 最大持仓K线数 | int | 5 | max_hold_bars |
| 亚盘开始(北京时间) | int | 6 | asian_start |
| 亚盘结束(北京时间) | int | 14 | asian_end |
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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