MACD & Anchored VWAP Strategy: Free TradingView Strategy (Pine Script)

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

46 lines of Pine Script v5 from tradingview/strategies/macd_vwap_strategy.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.

macd_vwap_strategy.pine

//@version=5
strategy("MACD & Anchored VWAP Strategy", overlay=true)

// === Input Parameters ===
fastMACD = input.int(12, "MACD Fast Length")
slowMACD = input.int(26, "MACD Slow Length")
signalPeriods = input.int(9, "MACD Signal Periods")
vwapBars = input.int(20, "VWAP Rolling Bars", minval=1)
minADX = input.int(20, "Minimum ADX Trend Strength")

// === Indicators ===
[macdLine, signalLine, _] = ta.macd(close, fastMACD, slowMACD, signalPeriods)
// Rolling VWAP calculation
varip float cumulativePV = 0.0
varip float cumulativeVol = 0.0
varip int barsCount = 0

if bar_index % vwapBars == 0
    cumulativePV := close * volume
    cumulativeVol := volume
    barsCount := 1
else
    cumulativePV += close * volume
    cumulativeVol += volume
    barsCount += 1

vwap = cumulativePV / cumulativeVol
[adx, _, _] = ta.dmi(14, 14)

// === Entry Conditions ===
longCondition = ta.crossover(macdLine, signalLine) and close > vwap and adx >= minADX
shortCondition = ta.crossunder(macdLine, signalLine) and close < vwap and adx >= minADX

// === Strategy Execution ===
if (longCondition)
    strategy.entry("MACD-VWAP Long", strategy.long)
    
if (shortCondition)
    strategy.entry("MACD-VWAP Short", strategy.short)

// === Alert Messages ===
symbolName = input.string("NSE:NIFTY25APRFUT", "Alert Symbol")
alertJson = '{"order":[{"type":"ENTRY","symbol":"' + symbolName + '","side":"' + (longCondition ? "B" : "S") + '"}]}'
alert(alertJson, alert.freq_once_per_bar_close)

plot(vwap, "Rolling VWAP", color=color.purple)

Overview

MACD & Anchored VWAP Strategy enters short on the opposite MACD cross when price is below that VWAP and ADX meets the same threshold. Settings change MACD lengths, the VWAP reset window, the ADX cutoff, and the alert symbol. It draws the rolling VWAP on the price chart. There are no exit, stop-loss, or take-profit rules. Values built with varip can change on the live bar.

MACD signal crossover and crossunder entries
Rolling VWAP reset every set number of bars
Minimum ADX trend-strength filter
JSON webhook alert once per bar close
Rolling VWAP plotted on the price chart

Details

Published by

adminalphabots on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Markets

Indices

Timeframes

Any timeframe

Risk Notes

Signals can change on the live bar or after it closes (repainting)
The strategy enters trades without a stop loss

File

tradingview/strategies/macd_vwap_strategy.pine

Repository

github.com/adminalphabots/alphabots_public. 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
MACD Fast Length	`int`	`12`	`fastMACD`
MACD Slow Length	`int`	`26`	`slowMACD`
MACD Signal Periods	`int`	`9`	`signalPeriods`
VWAP Rolling Bars	`int`	`20`	`vwapBars`
Minimum ADX Trend Strength	`int`	`20`	`minADX`
Alert Symbol	`string`	`NSE:NIFTY25APRFUT`	`symbolName`

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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