by 
This indicator calculates pivot high and pivot low points on the price chart based on configurable left and right bar counts. Confirmed pivot highs and lows are plotted with negative bar offsets directly on the price chart using line and cross styles. Addition
Indicator · Pine Script v4 · On the chart
VWMA 1hr + WF
This script calculates a 1-hour 24-period Volume Weighted Moving Average (VWMA) and plots it directly on the price chart with customizable upper and lower percentage offset bands.
GitHub stars2on the repository
Pine versionv4older, still runs
Lines of code84
Settings2inputs
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 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
VWMA 1hr + WF combines Williams Fractals for local swing highs and lows with a 14-period Relative Strength Index (RSI). Alert conditions trigger when price hits the outer VWMA bands while RSI shows overbought or oversold conditions and a Williams Fractal forms.
- 1-hour 24-period VWMA calculation
- Customizable percentage offset bands
- Williams Fractal pattern detection
- RSI overbought and oversold filtering
- Built-in buy and sell alert conditions
Details
Published by
avatar-lavventura on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Moving averages, Oscillators & momentum, Support & resistance
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 |
|---|---|---|---|
| Short Offset | float | 2.5 | upperBandValue |
| Long Offset | float | 2.5 | 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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