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A momentum strategy combining the TTM Squeeze oscillator with an RSI filter. It calculates linear regression momentum relative to Bollinger Bands and Keltner Channels alongside an RSI oscillator. Long signals trigger when momentum rises from below zero while R
Strategy · Pine Script v5 · Own pane
Alpy Vix
Alpy Vix is a strategy that computes the Wave Trend oscillator from HLC3 using EMA and SMA, the Williams VIX Fix formula, VWAP levels, and Bollinger Bands on WVF.
Repaints
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code297
Settings15inputs
LicenceNone stated
Last update7 months ago5 Mar 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
Alpy Vix generates signals on WT crosses and WVF conditions like long_VWMA or close strength versus prior bars. Settings control periods, lookbacks, Bollinger deviation, and percentile for WVF. The strategy draws indicators in a separate pane and enters positions on conditions met. It repaints signals, allows pyramiding, and lacks a default stop loss.
- Wave Trend Oscillator
- Williams VIX Fix
- VWAP Levels
- Bollinger Bands on WVF
- Filtered Pivots
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v5
Draws
Separate pane below the chart
Category
Oscillators & momentum, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy can add several entries in the same direction
- 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 |
|---|---|---|---|
| Period | int | 5 | vwap_period |
| lookback period standard deviation high | int | 22 | pd |
| bolinger band length | int | 20 | bbl |
| Bollinger Band Standard Devaition Up | float | 2.0 | mult |
| look back period percentile high | int | 50 | lb |
| highest percentile - 0.90=90%, 0.95=95%, 0.99=99% | float | .85 | ph |
| show Highlight Bar if WVF WAS True and IS Now False | bool | false | sbc |
| show highlight bar if WVF is True | bool | false | sbcc |
| check box to turn bars gray? | bool | false | sgb |
| long-term look back current bar has to close below this value or medium term-default=40 | int | 40 | ltLB |
| medium-term look back current bar has to close below this value or long term-default=14 | int | 14 | mtLB |
| entry price action strength-close > n bars back-default=3 | int | 3 | str |
Show all 15 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| show alert WVF = True? | bool | false | sa1 |
| show alert WVF was True now False? | bool | false | sa2 |
| show alert WVF filtered? | bool | false | sa3 |
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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