by 
This strategy plots VWMA-based Bollinger bands on the 1-minute ES futures price chart for volatility analysis and potential breakout identification. It calculates dynamic long and short stop loss and take profit levels using percentage inputs relative to entry
Strategy · Pine Script v5 · On the chart
Q-Trend Strategy
Q-Trend Strategy builds a midpoint from the highest and lowest source values over a trend period and shifts it by an ATR band.
GitHub stars2on the repository
Pine versionv5runs as is
Lines of code57
Settings12inputs
LicenceNone stated
Last update1 year ago7 Oct 2025
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
Q-Trend Strategy enters long when the source crosses or remains above the upper band and short when it crosses or remains below the lower band. Type A uses crossover and crossunder, while Type B uses cross. An optional EMA can smooth the source. Positions exit with an ATR trailing stop controlled by a separate multiplier and trail offset. The optional trend line and bar colors appear on the price chart, and there is no fixed take-profit target.
- Highest-lowest midpoint trend line
- ATR band signal thresholds
- Type A and Type B signal modes
- Optional EMA source smoothing
- ATR trailing stop exits
Details
Published by
wynnforthework on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Trend, Volatility & bands, Breakout
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 |
|---|---|---|---|
| Source | source | close | src |
| Trend period | int | 200 | p |
| ATR Period | int | 14 | atr_p |
| ATR Multiplier | float | 1.0 | mult |
| Signal mode | string | Type A | mode |
| Smooth source with EMA? | string | No | use_ema_smoother |
| EMA Smoother period | int | 3 | src_ema_period |
| Color bars? | bool | false | color_bars |
| Show trend line? | bool | false | show_tl |
| Atr Multiplier | int | 2 | Multiplier |
| ATR Length | int | 14 | atrlength |
| Trail offset | float | 0.5 | offset |
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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