This strategy plots a volume-weighted average price, Bollinger Bands built on that VWAP, a 200-period simple moving average, and Fibonacci pivot levels in a separate pane. It opens a long position when VWAP crosses above the band basis and the close is at or a
Strategy · Pine Script v5 · Own pane
BuySell Volume Strategy
This strategy compares current bar volume and price direction against the previous bar using a lookback period.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code40
Settings2inputs
LicenceMIT
Last update1 year ago6 Mar 2025
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
40 lines of Pine Script v5 from BuySell vol strategy/BuySell vol strategy.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy("BuySell vol strategy", overlay=false, initial_capital=3000, currency=currency.USD, default_qty_type=strategy.cash, default_qty_value=1000, pyramiding=3, commission_value=0.1)
// отключение шортов
strategy.risk.allow_entry_in(strategy.direction.long)
// аргументы
lookback = input(13)
tickername = syminfo.tickerid
p2 = close
v2 = volume
p1 = p2[lookback]
v1 = v2[lookback]
bc=input(true, 'Bar Coloring')
// расчеты
// цвета объемов
iff_1 = p2 < p1 and v2 > v1 ? #4CAF50 : #B2B5BE
iff_2 = p2 < p1 and v2 < v1 ? #B2B5BE : iff_1
iff_3 = p2 > p1 and v2 < v1 ? #B2B5BE : iff_2
z = p2 > p1 and v2 > v1 ? #FF5252 : iff_3
bc_color = z
//фильтр объемы и биржа
b1 = if tickername == 'INDEX:BTCUSD'
timeframe.period == '1' ? 200 : timeframe.period == '3' ? 300 : timeframe.period == '5' ? 500 : timeframe.period == '15' ? 850 : timeframe.period == '30' ? 2000 : timeframe.period == '60' ? 3200 : timeframe.period == '120' ? 6500 : timeframe.period == '240' ? 10000 : timeframe.period == 'D' ? 35000 : na
else
na
//стратегия
buy=p2 < p1 and v2 > v1 and v2 > b1
sell=p2 > p1 and v2 > v1 and v2 > b1
if buy
strategy.entry("Long", strategy.long)
if sell
strategy.entry("Short", strategy.short)
// вывод на экран
plot(v2, style=plot.style_columns, color=z)
plot(b1, color=color.new(color.orange, 40), linewidth=3)
barcolor(bc ? bc_color : na)
Overview
BuySell Volume Strategy plots colored volume columns in a separate pane to visualize bullish or bearish volume trends and draws a liquidation level threshold line. Long entries trigger when price falls with volume exceeding the threshold, while short entries trigger on rising price with high volume. The bar coloring option enables visual bar highlighting. Main settings adjust the comparison window and toggle colors. It holds positions across signals with no stop loss and supports pyramiding.
- volume columns
- liquidation levels
- long short entries
- bar coloring
- volume filter
Details
Published by
mrgunkin on GitHub
Type
Strategy, Pine Script v5
Draws
Separate pane below the chart
Category
Volume, Support & resistance
Markets
Crypto
Timeframes
Any timeframe
Risk Notes
- 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 |
|---|---|---|---|
| lookback | int | 13 | lookback |
| Bar Coloring | bool | true | bc |
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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