OPEN-SOURCE SCRIPT
mgc (propfirmpinescripts)
Daily Regime + VWAP Reclaim Trend Strategy
A trend-following intraday strategy that trades pullback reclaims within an established daily regime.
How it works:
Daily regime filter: Uses daily EMA(5)/EMA(10) to establish a higher-timeframe bias (only trades long in uptrends, short in downtrends)
EMA stack confirmation: Requires 9/21/34/50 EMA alignment on the trading timeframe to confirm trend structure
Session VWAP + 1 SD bands: Calculated from RTH session start; entries require price to reclaim beyond the 1-SD band
Volume filter: Entry bar must exceed the 20-period volume average
Risk management: Stop placed beyond the entry bar's high/low (capped at 50 ticks), fixed 3:1 reward-to-risk target
Session/frequency limits: Trades only within a defined RTH window, max 3 entries per day, force-flat at session end
Notes:
Designed and tested on futures — backtest thoroughly on your instrument/timeframe before live use
No repainting: all higher-timeframe data uses lookahead_off
This is a mechanical trend/pullback system, not a reversal or mean-reversion strategy
Past performance in backtesting does not guarantee future results — use proper risk management and position sizing
A trend-following intraday strategy that trades pullback reclaims within an established daily regime.
How it works:
Daily regime filter: Uses daily EMA(5)/EMA(10) to establish a higher-timeframe bias (only trades long in uptrends, short in downtrends)
EMA stack confirmation: Requires 9/21/34/50 EMA alignment on the trading timeframe to confirm trend structure
Session VWAP + 1 SD bands: Calculated from RTH session start; entries require price to reclaim beyond the 1-SD band
Volume filter: Entry bar must exceed the 20-period volume average
Risk management: Stop placed beyond the entry bar's high/low (capped at 50 ticks), fixed 3:1 reward-to-risk target
Session/frequency limits: Trades only within a defined RTH window, max 3 entries per day, force-flat at session end
Notes:
Designed and tested on futures — backtest thoroughly on your instrument/timeframe before live use
No repainting: all higher-timeframe data uses lookahead_off
This is a mechanical trend/pullback system, not a reversal or mean-reversion strategy
Past performance in backtesting does not guarantee future results — use proper risk management and position sizing
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
propfirmpinescripts
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
propfirmpinescripts
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.