by 
This overlay strategy plots previous-day high and low, the daily open, and fair value gap zones on the price chart. It takes entries on a selectable timeframe when the FVG requirement and an optional session window allow them, then uses an ATR or fixed pip sto
Strategy · Pine Script v6 · On the chart
Session Isfirstbar VWAP Anchor
A test strategy from a reference corpus that builds a VWAP restarted on the first bar of each trading session, using typical price times volume during market hours.
GitHub stars1on the repository
Pine versionv6current
Lines of code29
Settings0inputs
LicenceApache-2.0
Last update6 days ago23 Oct 2026
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
29 lines of Pine Script v6 from validation/symbol-specified/SPY/session-firstbar-vwap-anchor-01/strategy.pine, published under Apache-2.0. Keep the author's credit and licence lines when you reuse it.
// TV_RUN_NEEDED: tv_trades.csv missing — capture in TradingView:
// Symbol: SPY TF: 5m Range: 2024-01-02..2024-03-29
// Save List of Trades → tv_trades.csv in this directory.
//@version=6
strategy("Session isfirstbar VWAP anchor", overlay=true,
default_qty_type=strategy.fixed, default_qty_value=1)
// Anchor VWAP to the first bar of each trading session using session.isfirstbar.
// Buy when close crosses above session VWAP; sell when it crosses below.
var float cum_pv = 0.0
var float cum_vol = 0.0
if session.isfirstbar
cum_pv := 0.0
cum_vol := 0.0
if session.ismarket
cum_pv := cum_pv + hlc3 * volume
cum_vol := cum_vol + volume
session_vwap = cum_vol > 0 ? cum_pv / cum_vol : close
if session.ismarket
if ta.crossover(close, session_vwap)
strategy.entry("Long", strategy.long)
if ta.crossunder(close, session_vwap)
strategy.close("Long")
Overview
Session Isfirstbar VWAP Anchor buys one unit when the close crosses above this session VWAP and closes the long when the close crosses below. There is no stop loss or take profit. It was written for SPY on a 5-minute chart to check engine session variables and is a code example rather than a tuned system.
- VWAP anchored to session first bar
- Cross above VWAP long entry
- Exit on cross below VWAP
- Market-hours gate
Details
Published by
pineforge-4pass on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Sessions & time, Support & resistance
Markets
Stocks, Indices
Timeframes
M1-M5
Risk Notes
- The strategy enters trades without a stop loss
Topics
algorithmic-tradingbacktestingparitypine-scriptpinescriptquantitative-financetest-corpustradingview
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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