Fusion VWAP Momentum Strategy: Free TradingView Strategy (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 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

Fusion VWAP Momentum Strategy enters positions during pullbacks or breakouts around VWAP when momentum criteria—derived from EMAs, ROC, RSI, MACD, and ADX—reach user-defined threshold scores. Trades exit when the momentum score drops below a minimum level or when price hits an ATR-based stop loss. Main settings allow customization of entry modes, momentum thresholds, VWAP slope filters, ATR buffer distances, and cooldown durations between trades. It plots directly on the price chart.

Composite multi-indicator momentum scoring engine
VWAP pullback and breakout entry modes
ATR-based band offsets and stop loss management
Trend filtering using multiple exponential moving averages

Details

Published by

shahzaib-574 on GitHub

Type

Strategy, Pine Script v6

Draws

On the price chart

Markets

Any symbol

Timeframes

M15-H1

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

vwap_momentum_strategy.pine

Repository

github.com/shahzaib-574/MarketCipherTrading. 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
Trade direction	`string`	`Long only`	`tradeDirection`
Cooldown bars	`int`	`12`	`cooldownBars`
Require trend filter	`bool`	`true`	`requireTrendFilter`
Entry mode	`string`	`Pullback`	`entryMode`
Use backtest window	`bool`	`false`	`useBacktestWindow`
Backtest start	`time`	`timestamp(2025, 1, 1, 0, 0)`	`backtestStart`
Backtest end	`time`	`timestamp(2026, 1, 1, 0, 0)`	`backtestEnd`
Daily fallback VWMA length	`int`	`48`	`vwapLen`
VWAP entry buffer ATR	`float`	`0.10`	`entryBufferAtr`
VWAP pullback band ATR	`float`	`0.75`	`pullbackAtr`
VWAP exit buffer ATR	`float`	`0.75`	`exitBufferAtr`
Max extension above VWAP ATR	`float`	`1.50`	`maxExtensionAtr`

Show all 37 settings

Setting	Type	Default	Variable
VWAP slope smoothing	`int`	`8`	`vwapSlopeLen`
Minimum VWAP slope ATR	`float`	`0.01`	`minVwapSlopeAtr`
Fast EMA	`int`	`21`	`emaFastLen`
Slow EMA	`int`	`55`	`emaSlowLen`
Trend EMA	`int`	`200`	`emaTrendLen`
ROC length	`int`	`10`	`rocLen`
RSI length	`int`	`14`	`rsiLen`
MACD fast	`int`	`12`	`macdFast`
MACD slow	`int`	`26`	`macdSlow`
MACD signal	`int`	`9`	`macdSignal`
DI length	`int`	`14`	`diLen`
ADX smoothing	`int`	`14`	`adxSmooth`
Minimum ADX	`float`	`14.0`	`minAdx`
Long momentum score	`int`	`7`	`longScoreMin`
Short momentum score	`int`	`5`	`shortScoreMin`
Momentum exit score	`int`	`1`	`exitScore`
ATR length	`int`	`14`	`atrLen`
Stop ATR	`float`	`2.6`	`stopAtr`
Target ATR	`float`	`10.0`	`targetAtr`
Use ATR target	`bool`	`false`	`useAtrTarget`
Avoid wide signal bars	`bool`	`true`	`avoidWideSignalBars`
Max signal range ATR	`float`	`2.50`	`maxSignalRangeAtr`
Show VWAP bands	`bool`	`true`	`showVWAP`
Show trend EMAs	`bool`	`true`	`showTrend`
Show signals	`bool`	`true`	`showSignals`

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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