Calculates volume profile levels over a lookback window to identify support, resistance, and Point of Control (POC) lines on the price chart. It executes trades based on price interaction with these low-volume zones, featuring customizable signal inversion and
Strategy · Pine Script v6 · On the chart
TnSovereignVolumeProfileScalpV6
The strategy calculates the point of control and value area from the volume profile using a lookback of 150 bars and 24 rows.
GitHub stars1on the repository
Pine versionv6current
Lines of code114
Settings7inputs
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
TnSovereignVolumeProfileScalpV6 applies a fast EMA trend filter, a V18 coherence resonance check with minimum threshold of 1.6, and an ATR volatility filter requiring at least 0.1 percent movement. Candle character confirms the signal direction. It draws on the price chart and generates buy signals when all filters align upward with bullish candle close or sell signals on downward alignment. The main settings adjust volume profile parameters, coherence threshold, trend filter enablement, and risk levels. It uses a fixed 10 percent equity position size with take profit of 400 points and stop loss of 200 points.
- Volume Profile POC
- V18 Coherence Resonance
- EMA Trend Filter
- ATR Volatility Filter
- Price Chart Signals
Details
Published by
raybird on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Volume, Support & resistance, Volatility & bands, Scalping
Markets
Any symbol
Timeframes
M1-M5
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 |
|---|---|---|---|
| Lookback Bars | int | 150 | vp_bars |
| Row Size | int | 24 | vp_rows |
| Value Area % | float | 70.0 | va_percent |
| Min V18 Coherence | float | 1.6 | min_coher |
| Enable EMA Trend Filter | bool | true | use_ema_f |
| Take Profit (Ticks/Points) | int | 400 | tp_points |
| Stop Loss (Ticks/Points) | int | 200 | sl_points |
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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