This strategy combines Larry Williams' Vix Fix synthetic volatility indicator with Bollinger Bands. It calculates standard and inverted Williams Vix Fix metrics, displaying them as histogram columns with standard deviation bands in a separate pane. Long entrie
Strategy · Pine Script v6 · Own pane
Thermometer Strategy
A strategy that reads an external oscillator, called the thermometer, through a source input and trades a chosen signal symbol, SPX by default, according to high and low temperature thresholds of 75 and 25.
Repaints
GitHub stars1on the repository
Pine versionv6current
Lines of code158
Settings21inputs
LicenceNone stated
Last update7 months ago31 Mar 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 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
Buy and sell modes include buying high and selling low, or buying low with different exits such as a stop, a break lower or a moving average. A short average or fixed gap reduces noise, and an optional take-profit level is available. It recalculates on every tick and has no stop loss in some modes.
- Trades from an external oscillator input
- High and low temperature thresholds
- Four buy and sell methods
- Friction filter by fixed gap or short average
- Optional moving average price filter
Details
Published by
AlanGuo on GitHub
Type
Strategy, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Mean reversion
Markets
Indices
Timeframes
H4 and above
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy enters trades without a stop loss
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| 超卖 | int | 30 | overSoldValue |
| 超买 | int | 70 | overBoughtValue |
| ADX Threshold | int | 25 | adxThreshold |
| Date | time | timestamp('1 Feb 2018 00:00 +0800') | start_date |
| Date | time | timestamp('31 Dec 2099 00:00 +0800') | end_date |
| 信号标的 | symbol | SPX | signalSymbol |
| 开启回测 | bool | true | backtest |
| 温度计高温 | int | 75 | high_temp |
| 温度计低温 | int | 25 | low_temp |
| 买卖方式 | string | 高买低卖 | bs_method |
| 防摩擦方式 | string | 短均线 | temp_gap_method |
| 温度计防摩擦(固定) | int | 1 | temp_gap |
Show all 21 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| 温度计防摩擦(均线周期) | int | 3 | temp_gap_ma_length |
| 温度计止盈 | bool | false | temp_take_profit |
| 温度计止盈 | int | 60 | take_profit_temp |
| 均线 | int | 60 | ma_length |
| 均线类型 | string | SMA | ma_option |
| 价格不高于均线(%) | float | 5.0 | price_diff_pct |
| 余额复利 | bool | true | compound |
| 固定数量 | float | 1.0 | quantity |
| 二二温度计 | source | close | finalScore |
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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