This script (idea) is intended for intraday use--Specifically 5 min bars/candles.

It essentially tells you the support if a stock is bullish or the resistance if a stock is bearish .

If you buy or sell around/in the cloud, you are ensured to be getting (around) VWAP price.


Happy Holidays
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?