by 
Omar Edited WF is a trading strategy overlay built around Williams Fractals and multiple Exponential Moving Averages. It detects high and low fractal pivot points over configurable lookback periods alongside three adjustable EMA trendlines. Long entries are ma
Strategy · Pine Script v4 · On the chart
VWMA 1hr
This strategy overlays a 1-hour 24-period volume-weighted moving average (VWMA) and calculates multi-bar Williams Fractals on the price chart.
Repaints
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code85
Settings9inputs
LicenceNone stated
Last update7 months ago5 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
VWMA 1hr is restricted to a customizable backtest date window. The strategy calculates on every tick and allows extensive pyramiding, but features no default stop loss, take profit, or explicit order exits in the visible code. Intended for higher-timeframe trend or fractal-based setups.
- 1-hour 24-period VWMA overlay
- Configurable Williams Fractal calculation
- Date and time range backtesting filter
- Intraday multi-timeframe security referencing
Details
Published by
avatar-lavventura on GitHub
Type
Strategy, Pine Script v4
Draws
On the price chart
Category
Moving averages, Support & resistance
Markets
Any symbol
Timeframes
M15-H1
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
- The strategy can add several entries in the same direction
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| fromMonth | int | 5 | fromMonth |
| fromDay | int | 23 | fromDay |
| thruMonth | int | 12 | thruMonth |
| thruDay | int | 30 | thruDay |
| fromYear | int | 2021 | fromYear |
| thruYear | int | 2021 | thruYear |
| Periods | int | 2 | n |
| Short Offset | float | 3.5 | upperBandValue |
| Long Offset | float | 3.5 | lowerBandValue |
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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