Get started
mattletrader

[MattLet] VWAPS + Standard Deviation Bands MTF

mattletrader  
Bands and Channels multitimeframe Volume vwapstdevmultitimeframe vwapstdev vwapbands
48
8
bandsandchannels multitimeframe volumestudies vwapstdevmultitimeframe vwapstdev vwapbands
VWAP is the volume-weighted average price for a futures contract plotted as a line on the price chart. The calculation is the sum of traded volume, multiplied by the price, divided by the sum of the traded volume.

This study has a number of uses. It provides the current volume-weighted average price for the trading day or the trading session.

I have added Standard Deviation Bands to the VWAP indicator. This indicator has three upper and three lower bands. The Standard Deviation Factor of these bands can be set in the parameters.

Features:
1 - VWAPS Multi Timeframe
2 - Standard Deviations Bands Multi Timeframe
3 - Colored candles/bars on "Daily Vwap" crossing up and down.
4 - Every elements styles edition.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?