This strategy plots up to four volume-weighted average price lines on the price chart: midnight, previous day, session, and a custom anchor such as session high and low, week, or month. It enters when price crosses two selected lines, using same-bar, position,
Strategy · Pine Script v4 · On the chart
3 Higher High Price & Vol
This Pine Script strategy identifies potential Buy Today, Sell Tomorrow (BTST) opportunities based on price action and volume patterns.
GitHub stars106on the repository
Pine versionv4older, still runs
Lines of code22
Settings0inputs
LicenceGPL-3.0
Last update2 years ago18 Sep 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
22 lines of Pine Script v4 from 3 Higher High Price & Vol - BTST next day Gap up.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © SharemarketRaja
//@version=4
//Scanner available
strategy("3 Higher High Price & Vol", overlay=true)
volma = sma(volume, 20)
PriceHH = high > high[1] and high[1] > high[2]
VolHH = volume > volume[1] and volume[1] > volume[2]
Volma = volume > volma and volume[1] > volma[1] and volume[2] > volma[2]
Allgreen = close > open and close[1] > open[1] and close[2] > open[2]
PriceLL = low < low[1] and low[1] < low[2]
Allred = close < open and close[1] < open[1] and close[2] < open[2]
Qty = 100
Buy = (PriceHH == true and VolHH == true and Volma == true and Allgreen == true) and time("15", "1515-1530")
Reversal = (PriceLL == true and VolHH == true and Volma == true and Allred == true) and time("15", "1515-1530")
plotshape(Buy, style=shape.arrowup, size=size.large, color=color.green, location=location.belowbar)
plotshape(Reversal, style=shape.arrowup, size=size.large, color=color.red, location=location.belowbar)
strategy.entry(id="L", qty=Qty, long=true, when=Buy)
// strategy.entry(id="R", qty=Qty, long=true, when=Reversal)
// strategy.exit(id="LE", from_entry="L", profit=Profit, loss=Loss)
strategy.close_all(when=(time("15", "1500-1515")) )
Expand (32 lines)
Overview
3 Higher High Price & Vol calculates a 20-period simple moving average of volume and checks for three consecutive bullish candles with higher highs, increasing volume, and volume exceeding the average. When conditions are met within the 15:15 to 15:30 time window, it enters a long position. Positions are closed automatically during the 15:00 to 15:15 window. The script plots shape markers directly on the price chart. It has no stop loss or profit target settings.
- 3 consecutive higher highs and volume increases
- 20-period volume simple moving average filter
- Time-based entry window between 15:15 and 15:30
- Time-based exit rule closing positions at 15:00-15:15
Details
Published by
hasnocool on GitHub
Code credit
SharemarketRaja, as written in the script's header
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Trend, Volume, Candlestick patterns, Sessions & time
Markets
Stocks
Timeframes
M15-H1
Risk Notes
- The strategy enters trades without a stop loss
Topics
analysisbtcusdtcryptocurrencydatapandaspythonsimulationtradingtradingview
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.
Similar Pine Scripts
This strategy evaluates breakout and trend opportunities on the price chart using a weighted composite score of volume, trend, and candlestick structure. It tracks volume spikes, fast and slow EMAs, higher-timeframe EMA trend alignment, opening ranges, and ses
This strategy trades price action pin bar patterns aligned with moving average trend alignment on the main price chart. It defines uptrends or downtrends using a fan arrangement of three moving averages (6 EMA, 18 EMA, and 50 SMA). Entry conditions require a b
Mean Reversion Strategy is an overlay strategy that identifies pullbacks using a long-term EMA, RSI, and candlestick patterns. It generates long signals when a bullish engulfing candle forms below the EMA while RSI is oversold, and short signals when a bearish
Donald - Test Logic Futures is an overlay strategy designed for intraday futures trading. It combines kernel regression functions with exponential moving averages to evaluate price retracements and entry timing. Trades are filtered by session execution windows
This strategy combines Smart Money Concepts (BOS and CHoCH) with moving average trend filtering and volume spikes to generate trade signals. It checks for 20 EMA and 50 EMA alignment, along with volume 20% above its 20-period SMA. Long entries require a bullis
Trade Your Charts With a Regulated Broker
Compare brokers that connect to TradingView, with spreads, minimum deposits and leverage side by side.
Compare brokers