Strategy · Pine Script v5 · On the chart

Nexural VWAP Reversion Scaffold

by JasonTeixeira

This strategy scaffold calculates a standard Volume Weighted Average Price (VWAP) alongside upper and lower volatility bands set 1.5 ATRs away.

View on GitHub

GitHub stars9on the repository
Pine versionv5runs as is
Lines of code20
Settings0inputs
LicenceCustom licence
Last update12 days ago16 Oct 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 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

Nexural VWAP Reversion Scaffold generates long entry signals when a confirmed bar closes below the lower band and short entry signals when a confirmed bar closes above the upper band. The script plots VWAP and its bands on the main price chart. Designed as a research prototype, it contains no explicit exit conditions or protective stop losses, so positions only close when an opposite entry signal triggers a direction reversal.

Details

Published by

JasonTeixeira on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Category

Mean reversion, Moving averages, Volatility & bands

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

  • The strategy enters trades without a stop loss

Topics

algorithmic-tradingbacktestingfuturesmcpninjatraderninjatrader8quantitative-financeautomation-engineeringninjascriptplayback

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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