This indicator plots standard Bollinger Bands and three configurable moving averages directly on the price chart. Users can toggle the Bollinger Bands, adjust their length and multiplier, and choose between exponential or simple moving averages for fast, slow,
Indicator · Pine Script v6 · On the chart
Volume Weighted Trend [SkippAlgo]
This indicator plots a volume-weighted moving average as the central trend baseline on the price chart and surrounds it with ATR volatility bands.
GitHub stars1on the repository
Pine versionv6current
Lines of code82
Settings10inputs
LicenceNone stated
Last update2 days ago26 Oct 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 indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
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
Trend conditions change when price breaks beyond those bands. Presets change the VWMA length and ATR multiplier for faster or smoother responses, while color presets, glow, ribbons, transparency, and bar coloring control the display. It does not place trades and has no stop-loss or take-profit rules.
- Volume-weighted moving average baseline
- ATR volatility bands
- Trading-style preset configurations
- Neon glow and volatility ribbons
- Optional trend bar coloring
Details
Published by
skipp-dev on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
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 |
|---|---|---|---|
| VWMA Length | int | 34 | vwma_length |
| ATR Multiplier | float | 1.5 | atr_multiplier |
| Preset Configuration | string | Default | preset_config |
| Color Preset | string | Custom | color_preset |
| Bullish Trend Color | color | #00ffaa | bullish_input |
| Bearish Trend Color | color | #ff0000 | bearish_input |
| Enable Neon Glow Effect | bool | true | enable_glow |
| Enable Volatility Ribbons | bool | true | enable_ribbons |
| Band Transparency | int | 90 | band_transparency |
| Enable Bar Coloring | bool | true | enable_barcolor |
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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