Real Time Trend & Key Levels by VikOpine
- VWMA (Volume Weighted Moving Average)
- VWAP (Volume Weighted Average Price)
- Fibonacci-Based Dynamic Volatility Bands
- Ichimoku Cloud
Trend Detection
✅ VWMA & VWAP Trend Logic:
- Uptrend → Both VWMA and VWAP are rising (Green VWMA)
- Downtrend → Both are falling (Blue VWMA)
- Neutral → Mixed signals (Yellow VWMA)
- Use this to confirm directional bias before entering trades.
Fibonacci Volatility Bands:
Fibonacci bands are calculated dynamically around the VWMA using standard deviation to capture potential support and resistance zones.
🔷 Upper Levels = Resistance Zones
🟢 Lower Levels = Support Zones
Colors dynamically adjust based on current price relative to the levels:
Green = Current price is above (support)
Blue = Current price is below (resistance)
Fib Levels Plotted (Upper & Lower):
- 10%
- 61.8%
- 78.6%
- 100%
Ichimoku Cloud (Optional Visual Confirmation)
Standard Ichimoku components help visualize future support/resistance and momentum:
Conversion Line (Orange)
Base Line (Red)
- Lagging Span (Green, shifted backward)
- Leading Span A/B (Cloud boundaries)
Cloud shading:
- Green Cloud → Bullish zone
- Blue Cloud → Bearish zone
After applying this indicator to the Chart,
- Go to Inputs and update
- Conversion Line Multiplier to 13
- The colors used in the indicator can be changed per your personal preference in Settings tab
If interested in receiving regular market updates, profitable trading setups and my Live Trades using this indicator- head to Substack Chat Room substack.com/chat/894242
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact vikopine directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact vikopine directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.