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
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
propfirmpinescripts
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
propfirmpinescripts
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.