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SpringPad - TradingView Strategy Pinescript Code PDF

The document provides a PineScript code for a trading strategy that utilizes VWAP and moving averages for mean reversion, incorporating an ATR-based stop loss. It outlines the conditions for entering long and short positions based on price relative to VWAP and moving average. Additionally, it includes steps for implementing the script in TradingView's Pine Editor.

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anushkapriyadarshnipatel
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53 views2 pages

SpringPad - TradingView Strategy Pinescript Code PDF

The document provides a PineScript code for a trading strategy that utilizes VWAP and moving averages for mean reversion, incorporating an ATR-based stop loss. It outlines the conditions for entering long and short positions based on price relative to VWAP and moving average. Additionally, it includes steps for implementing the script in TradingView's Pine Editor.

Uploaded by

anushkapriyadarshnipatel
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

SpringPad’s TradingView Strategy PineScript Code

//@version=5
strategy("VWAP and MA Mean Reversion Strategy with ATR Stop Loss", overlay=true)

// Inputs
length = input(14, "MA Length")
atrLength = input(14, "ATR Length")
atrMultiplier = input(1.5, title="ATR Multiplier for Stop Loss")

// Calculate VWAP, Moving Average, and ATR


vwap = [Link](hlc3)
ma = [Link](close, length)
atr = [Link](atrLength)

// Buy condition: Price is below VWAP but above MA


longCondition = close < vwap and close > ma
if (longCondition)
[Link]("Buy", [Link])
stopPrice = close - atrMultiplier * atr
[Link]("Stop Loss", "Buy", stop=stopPrice)

// Sell condition: Price is above VWAP but below MA


shortCondition = close > vwap and close < ma
if (shortCondition)
[Link]("Sell", [Link])
stopPrice = close + atrMultiplier * atr
[Link]("Stop Loss", "Sell", stop=stopPrice)

// Plotting
plot(vwap, title="VWAP", color=[Link])
plot(ma, title="MA", color=[Link])
STEPS

1) Go to - [Link]
2) Select – PRODUCTS -> SUPERCHARTS
3) Bottom of Screen – PINE EDITOR
4) COPY ABOVE CODE and PASTE IT
5) RENAME SCRIPT and SAVE
6) To use it, click INDICATORS -> Personal -> Select your saved script.

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