by 
This indicator calculates Kaufman's Adaptive Moving Average (KAMA) on a chosen price source and determines trend direction based on the slope across a configurable lookback window. Signals can be filtered by short-term volatility expansion using ATR comparison
Indicator · Pine Script v6 · On the chart
Kell + Minervini VCP
This price-chart indicator combines Oliver Kell moving-average phases with Minervini volatility contraction.
GitHub stars2on the repository
Pine versionv6current
Lines of code260
Settings13inputs
LicenceCustom licence
Last update3 months ago10 Jul 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 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
Kell + Minervini VCP plots EMA 10, 20, 50 and 200 and can require the SMA 50, 150 and 200 trend template. It flags a wedge pop above EMA 10 after an EMA 20 cross, pullbacks to EMA 10 or 20, and a wedge drop when price closes under both. Settings change volume expansion versus a 50-bar average, ATR contraction, RSI exhaustion and a 52-week range filter. Background colors, an EMA fill, a stop line and an information table are optional. It does not enter or exit trades.
- EMA 10, 20, 50 and 200 plots
- Optional SMA 50/150/200 trend template
- ATR contraction and volume dry-up
- Breakout volume multiplier filter
- Background, stop line and info table
Details
Published by
mirkothepirko on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands, Volume
Markets
Stocks
Timeframes
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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| EMA 10 (Kell Primär) | int | 10 | ema10_len |
| EMA 20 (Kell Primär) | int | 20 | ema20_len |
| EMA 50 (Trend/Trail) | int | 50 | ema50_len |
| EMA 200 (Langfrist) | int | 200 | ema200_len |
| Minervini Trend Template aktivieren (SMA 50/150/200) | bool | true | use_tt |
| Volumen Avg (Bars) — Minervini: 50 Tage | int | 50 | vol_len |
| Ausbruch-Volumen Multiplikator (140%+) | float | 1.4 | vol_mult |
| ATR Kontraktion Schwelle | float | 0.7 | atr_ratio |
| RSI Länge | int | 14 | rsi_len |
| RSI Exhaustion Schwelle | int | 78 | rsi_ext_min |
| Hintergrundfarben | bool | true | show_bg |
| Stop-Loss Linie | bool | true | show_stops |
Show all 13 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Info-Tabelle | bool | true | show_table |
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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