This strategy attempts to capture temporary market dips by identifying high-volume spikes during oversold conditions. It enters a long position when volume exceeds a upper standard deviation channel based on its simple moving average while the RSI remains belo
Strategy · Pine Script v6 · On the chart
Tn Sovereign VWAP
A mean reversion strategy built on an anchored VWAP with standard deviation bands, drawn on the price chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code103
Settings4inputs
LicenceNone stated
Last update2 months ago15 Aug 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
The anchor resets each session, day or week. It buys when price crosses below the lower band with RSI oversold while above a 200 EMA, and sells short on the mirror setup. Exits target the VWAP with an ATR-based stop, and a table shows price versus VWAP and RSI.
- Anchored VWAP with deviation bands
- Session, day or week anchor
- RSI and 200 EMA regime filter
- VWAP target with ATR stop
- Status table
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Mean reversion, Volume, Oscillators & momentum
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.
| Setting | Type | Default | Variable |
|---|---|---|---|
| 錨定週期 | string | Session | anchor |
| 標準差倍數 | float | 2.0 | stdevMult |
| 趨勢地板 (EMA) | int | 200 | trendLen |
| RSI 輔助週期 | int | 14 | rsiLen |
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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