This strategy calculates and plots 9, 21, 50, 90, and 200-period Simple Moving Averages on the main price chart. It constructs a modified On-Balance Volume (OBV) metric and calculates a MACD oscillator based on this custom volume series rather than price. Long
Strategy · Pine Script v5 · On the chart
Advanced Indicator Suite
This strategy plots a volume-weighted moving average, a Hull moving average, and a linear regression on the price chart.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code26
Settings0inputs
LicenceMIT
Last update4 months ago6 Jun 2026
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
26 lines of Pine Script v5 from apps/server/src/pine-corpus/advanced_indicator_suite.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy("Advanced Indicator Suite", overlay=true)
vwmaLine = ta.vwma(close, 20)
hmaLine = ta.hma(close, 21)
linregLine = ta.linreg(close, 30, 0)
stochLine = ta.stoch(close, high, low, 14)
rocLine = ta.roc(close, 10)
momLine = ta.mom(close, 10)
obvLine = ta.obv(close)
highestBars = ta.highestbars(high, 20)
lowestBars = ta.lowestbars(low, 20)
distance = math.round(math.sqrt(math.abs(rocLine)))
plot(vwmaLine)
plot(hmaLine)
plot(linregLine)
longCondition = ta.crossover(hmaLine, vwmaLine) and stochLine > 50 and obvLine > obvLine[1] and lowestBars < 5
shortCondition = ta.crossunder(hmaLine, vwmaLine) and stochLine < 50 and obvLine < obvLine[1] and highestBars < 5
if (longCondition and distance >= 0 and momLine > 0)
strategy.entry("Long", strategy.long)
if (shortCondition and distance >= 0 and momLine < 0)
strategy.entry("Short", strategy.short)
Overview
Advanced Indicator Suite enters long when the Hull average crosses above the volume-weighted average while stochastic is above 50, on-balance volume is rising, momentum is positive, and a recent low is nearby. Short entries use the opposite cross and filters. There are no exit rules, stop loss, or take profit, and no user inputs are defined.
- VWMA and Hull moving average crossover
- Stochastic, momentum and rate-of-change filters
- On-balance volume direction filter
- Recent high and low bar checks
- Linear regression plotted on the chart
Details
Published by
Snappni on GitHub
Type
Draws
On the price chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- The strategy enters trades without a stop loss
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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