The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Indicator · Pine Script v5 · On the chart
Moon Dev VWAP x ADX Explosion
This indicator plots a volume-weighted average price of the typical price on the chart and colors that line by ADX strength.
GitHub stars92on the repository
Pine versionv5runs as is
Lines of code61
Settings5inputs
LicenceCustom licence
Last update8 weeks ago30 Aug 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
Moon Dev VWAP x ADX Explosion draws a standard-deviation envelope around VWAP and tints the fill green when plus DI leads and red when minus DI leads. Triangle markers appear when ADX is above the explosion level and still rising, up for bullish direction and down for bearish. Inputs set ADX length, smoothing, strong and explosion thresholds, and band width. A last-bar label shows chop, strong, or explosion state. Alerts fire on those markers. There are no trade entries or exits.
- ADX-colored VWAP line
- Standard-deviation VWAP envelope
- Bull and bear explosion markers
- Last-bar ADX state label
- Explosion alert conditions
Details
Published by
moondevonyt on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Oscillators & momentum, Volatility & bands, Volume
Markets
Any symbol
Timeframes
Any timeframe
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 |
|---|---|---|---|
| ADX Length | int | 14 | adxLen |
| ADX Smoothing | int | 14 | adxSmooth |
| ADX Strong Level | int | 25 | adxStrong |
| ADX Explosion Level | int | 40 | adxHot |
| VWAP Band StdDevs | float | 2.0 | devMult |
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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