OPEN-SOURCE SCRIPT
VWAP TrendGuard [KedarArc Quant]
Strategy Overview: A non-repainting intraday strategy that pairs VWAP entries with an EMA-based trend gate on the entry timeframe. Entries come from VWAP Cross or Cross+Retest, with an optional Momentum exception. Exits use either an ATR emergency stop or a structural TrendBreak. The Today Panel summarizes Net-R, Win%, and PF for the current session.
Non-repainting: all higher-timeframe requests use lookahead_off (no peeking).
Works across intraday frames; keep the HTF filter your chart timeframe.
Signals & Exits
Trend gate (entry timeframe): trendUp if EMA(fast) > EMA(slow); trendDown otherwise.
Volume gate: volume SMA(volume, volLen) × volMult.
Long (Base): trendUp & volOK AND (cross above VWAP OR (Cross+Retest AND recent low VWAP
within lookback)).
Short (Base): trendDown & volOK AND (cross below VWAP OR (Cross+Retest AND recent high VWAP within lookback)).
Momentum exception (optional): body momBodyPct AND volume SMA × momVolMult allows fast
entry.
TrendBreak exit: Long closes when price < VWAP AND EMA(fast) < EMA(slow); Short closes on the
opposite.
ATR emergency stop: strategy.exit at entry with stop = close ± ATR(atrLen) × atrMult.
Non-repainting: all higher-timeframe requests use lookahead_off (no peeking).
Works across intraday frames; keep the HTF filter your chart timeframe.
Signals & Exits
Trend gate (entry timeframe): trendUp if EMA(fast) > EMA(slow); trendDown otherwise.
Volume gate: volume SMA(volume, volLen) × volMult.
Long (Base): trendUp & volOK AND (cross above VWAP OR (Cross+Retest AND recent low VWAP
within lookback)).
Short (Base): trendDown & volOK AND (cross below VWAP OR (Cross+Retest AND recent high VWAP within lookback)).
Momentum exception (optional): body momBodyPct AND volume SMA × momVolMult allows fast
entry.
TrendBreak exit: Long closes when price < VWAP AND EMA(fast) < EMA(slow); Short closes on the
opposite.
ATR emergency stop: strategy.exit at entry with stop = close ± ATR(atrLen) × atrMult.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.