Strategy · Pine Script v5 · On the chart

Talons VWAP + Volume

by muammeryldrm42

A strategy that trades crosses of price through VWAP when volume is higher than its 20-bar average by a set multiple.

View on GitHub

GitHub stars1on the repository
Pine versionv5runs as is
Lines of code30
Settings2inputs
LicenceNone stated
Last update5 months ago29 May 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

A cross up with a volume spike opens a long and a cross down opens a short, one position at a time. The stop is an ATR multiple from entry and the take profit is 2.5 times that risk. Size is 10 percent of equity. VWAP and signal triangles are drawn on the price chart.

Details

Published by

muammeryldrm42 on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Category

Volume, Mean reversion

Markets

Any symbol

Timeframes

M15-H1

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.

SettingTypeDefaultVariable
Volume Multfloat1.5volMult
SL ATRfloat1.5slAtrMult
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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