by 
This strategy combines Smart Money Concepts with Order Blocks and Fair Value Gaps alongside multiple VWAP levels including session, weekly, monthly, and anchored variants. It detects confluence zones to generate long and short entry signals on the price chart.
Strategy · Pine Script v5 · On the chart
Wyckoff Phase
This strategy identifies Wyckoff consolidation ranges directly on the price chart to trade potential spring and upthrust events.
GitHub stars7on the repository
Pine versionv5runs as is
Lines of code35
Settings3inputs
LicenceMIT
Last update3 months ago8 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
35 lines of Pine Script v5 from public/code/indicators__wyckoff.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=5
strategy("Wyckoff Phase", overlay=true,
default_qty_type=strategy.percent_of_equity, default_qty_value=10)
rangeLb = input.int(30, "Range Lookback")
volLb = input.int(50, "Volume Lookback")
volMult = input.float(1.5, "High Vol Mult")
atrV = ta.atr(14)
rangeHigh = ta.highest(high[1], rangeLb)
rangeLow = ta.lowest(low[1], rangeLb)
rangeSize = rangeHigh - rangeLow
avgVol = ta.sma(volume, volLb)
highVol = volume > avgVol * volMult
rangeAtrRatio = rangeSize / atrV
isConsol = rangeAtrRatio < 8
spring = isConsol and low < rangeLow and close > rangeLow and close > open and highVol
upthrust = isConsol and high > rangeHigh and close < rangeHigh and close < open and highVol
if spring and strategy.position_size == 0
sl = low - 0.5 * atrV
strategy.entry("Spring", strategy.long)
strategy.exit("X", "Spring", stop=sl, limit=rangeHigh + rangeSize * 0.5)
if upthrust and strategy.position_size == 0
sl = high + 0.5 * atrV
strategy.entry("Upthrust", strategy.short)
strategy.exit("X", "Upthrust", stop=sl, limit=rangeLow - rangeSize * 0.5)
plot(rangeHigh, "Range High", color.red, 1)
plot(rangeLow, "Range Low", color.green, 1)
plotshape(spring, "Spring", shape.triangleup, location.belowbar, color.lime, size=size.normal)
plotshape(upthrust, "Upthrust", shape.triangledown, location.abovebar, color.red, size=size.normal)
Overview
Wyckoff Phase calculates highest highs and lowest lows over a customizable lookback period, filtering setups by average volume spikes and ATR range consolidation limits. When a spring occurs during consolidation, it enters long with an ATR-based stop loss and target projection. When an upthrust occurs, it enters short with corresponding stop and target levels. Main inputs configure range lookback, volume lookback, and the volume threshold multiplier.
- Wyckoff spring and upthrust detection
- ATR-based consolidation filter
- Volume spike threshold calculation
- Range high and low boundary plots
Details
Published by
muammeryldrm42 on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
SMC / ICT / price action, Support & resistance, Volume, Mean reversion
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.
Topics
cryptofuturessodexsosovaluestrategyvaluechain
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Range Lookback | int | 30 | rangeLb |
| Volume Lookback | int | 50 | volLb |
| High Vol Mult | float | 1.5 | volMult |
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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