APXTradez - Intraday Overlay (VWAP + EMAs)
Purpose:
A clean, real-time intraday framework built for options scalpers and day traders.
This overlay combines VWAP, 8/21 EMAs, Bollinger Bands, and Keltner Channels to visualize short-term momentum, trend structure, and volatility compression directly on your chart.
What It Shows
8 EMA (teal) → Fast momentum and micro-trend direction.
21 EMA (orange) → Short-term trend confirmation and pullback zone.
VWAP (aqua) → Institutional average price; key intraday bias level.
Bollinger Bands (lime) → Standard deviation volatility envelope.
Keltner Channels (fuchsia) → ATR-based volatility range.
Compression Highlight (orange) → Shows when BBs are inside KCs, signaling volatility contraction and potential breakout setup.
How to Use
Apply on 1-min to 15-min charts for intraday trading.
Trend bias:
Price above VWAP and 8/21 EMA stack = bullish intraday momentum.
Price below VWAP and 8/21 EMA stack = bearish bias.
- Compression zones (orange highlights):
Indicates low-volatility consolidation → prepare for breakout.
Wait for breakout direction confirmation before entry.
Combine with momentum indicators (like APX TTM Squeeze, APX RSI or MACD) for confirmation.
Best Use Case
Scalping or day-trading options during high-volume sessions where VWAP and EMA structure drive precision entries and exits.
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 APXTradez directly.
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 APXTradez directly.
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.