Calculates an Elastic Volume Weighted Moving Average (EVWMA), incorporating trading volume to dynamically adjust moving average responsiveness over a specified lookback length. It plots directly on the price chart as a single moving average line. Optional colo
Indicator · Pine Script v5 · On the chart
Quantum Tick-Volume Collapse by BITMOON618
The Quantum Tick-Volume Collapse indicator calculates a combined tick-volume metric to derive two probability branches: an UP timeline and a DOWN timeline.
Repaints
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code158
Settings9inputs
LicenceNone stated
Last update7 weeks ago6 Sep 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
While the current bar is forming, both branches coexist in superposition and blend translucently into the live candle. Upon bar close, the branch with greater weight solidifies into the real candle color. The system draws directly on the price chart, repainting the live bar based on incoming tick data. Key settings include lookback bars for history, weights between tick count and volume, custom colors for up/down/neutral outcomes, and toggles for showing the blend or collapse markers. It repaints on the live bar because it relies on real-time tick input; historical bars retain native chart coloring.
- Tick-Volume Collapse
- Quantum Timeline
- Superposition Blend
- Live Bar Color
- Collapse Marker
Details
Published by
morindok on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Volume
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Bars (History) | int | 50 | lookback |
| Tick Count Weight | float | 0.4 | wTick |
| Volume Weight | float | 0.6 | wVol |
| Up Timeline Color (Collapsed) | color | color.green | upColorInput |
| Down Timeline Color (Collapsed) | color | color.red | downColorInput |
| Neutral / Tie Color | color | color.gray | neutralColorInput |
| Neutral Zone Width (± around 50%) | float | 5.0 | neutralZone |
| Show Superposition Blend While Forming | bool | true | showSuperposition |
| Show Collapse Marker On Close | bool | true | showCollapseMarker |
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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