Fib Golden Wave + VWAP Divergenc…: Free TradingView Indicator (Pine Script)

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 indicator, select all of the template text and paste. Press Save and give it a name.
4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

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

Fib Golden Wave + VWAP Divergence + RSI (Kernel Optimized) identifies high and low swing points to overlay key Fibonacci retracement levels directly on the main price chart. Concurrently, it evaluates volume-weighted average price deviation and RSI pivots to signal momentum divergences. Users can customize swing lookback ranges, Fibonacci zone thresholds, VWAP anchor periods, RSI settings, and kernel bandwidth parameters.

Fibonacci Golden Zone retracement level plotting
VWAP divergence detection with ATR multipliers
Kernel-optimized RSI pivot and threshold detection
Configurable anchor periods and swing lookback ranges

Details

Published by

Dfulop98 on GitHub

Type

Indicator, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

M1-M5, M15-H1, H4 and above

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

File

scalp_support.pine

Repository

github.com/Dfulop98/pine_scripts. See its other scripts in the library

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

Setting	Type	Default	Variable
Swing Range	`int`	`20`	`pivotRange`
Use Pivots	`bool`	`false`	`Use Pivots`
fibArea1	`float`	`0.5`	`fibArea1`
-	`float`	`0.618`	`fibArea2`
Golden Zone Lines	`color`	`color.new(color.yellow,80)`	`gzLineColor`
Show Area	`bool`	`true`	`showArea`
gzAreaColor	`color`	`color.new(color.yellow,90)`	`gzAreaColor`
Text Size	`string`	`Normal`	`textSizeFib`
textColorFib	`color`	`color.new(color.white,30)`	`textColorFib`
Hide VWAP on 1D or Above	`bool`	`false`	`hideonDWM`
Lookback Period	`int`	`5`	`divergenceLookback`
ATR Multiplier	`float`	`3`	`divergenceATRmultiplier`

Show all 40 settings

Setting	Type	Default	Variable
VWAP down color	`color`	`color.red`	`bearishColorVWAP`
VWAP up color	`color`	`color.lime`	`bullishColorVWAP`
Trend Coloring	`bool`	`true`	`alternateColor`
Show VWAP	`bool`	`true`	`showVWAP`
Divergence Plot Size	`string`	`Normal`	`divergence_plot_size_input`
Anchor Period	`string`	`Session`	`anchor`
Source	`source`	`hlc3`	`src`
Offset	`int`	`0`	`offset`
Bearish divergence alerts	`bool`	`true`	`bearishAlertSignal`
Bullish divergence alerts	`bool`	`true`	`bullishAlertSignal`
RSI Length	`int`	`14`	`rsiLengthInput`
Source	`source`	`close`	`rsiSourceInput`
High Pivot Length	`int`	`21`	`highPivotLen`
Low Pivot Length	`int`	`21`	`lowPivotLen`
[DBG] Real Pivot Labels	`bool`	`false`	`[DBG] Real Pivot Labels`
[DBG] KDE Pivot Labels	`bool`	`false`	`[DBG] KDE Pivot Labels`
Activation Threshold	`string`	`Medium`	`activationThresholdStr`
Kernel	`string`	`Gaussian`	`KDEKernel`
Bandwidth	`float`	`2.71828`	`KDEBandwidth`
Nº Bins	`int`	`100`	`KDEStep`
[DBG] Activation Threshold	`float`	`0.25`	`[DBG] Activation Threshold`
[DBG] Probability Mode	`string`	`Sum`	`[DBG] Probability Mode`
[DBG] KDE Min Padding	`bool`	`false`	`[DBG] KDE Min Padding`
Dashboard	`bool`	`true`	`tableEnabled`
Position	`string`	`Top Right`	`tableLocation`
Background	`color`	`#1B1F2B`	`screenerColor`
Frame	`color`	`color.rgb(255,255,255)`	`frameColor`
Border	`color`	`color.rgb(255,255,255)`	`borderColor`

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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