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VWAP Price ChannelVWAP Price Channel cuts the crust off of a traditional price channel (Donchian Channel) by anchoring VWAPs at the highs and lows. By doing this, the flat levels, characteristic of traditional Donchian Channels, are no more! Author's Note: This indicator is formed with no inherent use, and serves solely as a thought experiment. > Concept I would be hesitant to call this a "predictive" indicator, however the behavior of it would suggest it could be considered at least partially predictive Essentially, the Anchored VWAPs creates something from otherwise nothing. While the DC upper or lower values are staying flat, the VWAPs improvise based on price and volume to project a level that may be a better representation of where future highs or lows may settle. Visually, this looks like we have cut off the corners of the Donchian Channel. Note: Notice how we are calculating values before the corners are realized. > Implementation While this is only a concept indicator, The specific application I've gone with for this, is a sort of supertrend-ish display (A Trend Flipping Trailing Stop Loss). The script uses basic logic to create a trend direction, and then displays the Anchored VWAPs as a form of trailing stop loss. While "In Trend", the script fills in the area between the VWAP and Price in the direction of trend. When new highs or lows are made while in trend, the opposite VWAP will start to generate at the new highs or lows. These happen on every new high or low, so they are not indicating the trend shift, but could be interpreted as breakout levels for the current trend direction in order for continuation. Note: All values are drawn live, but when using higher timeframes, there is a natural calculation discrepancy when using live data vs. historical. > Technicals In this script, I'm simply detecting new highs or lows from the DC and using those as the anchor frequency on the built-in VWAP function. So each time a new high or low is made based on DC, the VWAP function re-anchors to the high or low of the candle. Past that, I have implemented some logic in order to account for a common occurrence I faced during development. Frequently, the price would outpace the anchored VWAP, so we would end up with the VWAP being further from price than the actual DC upper or lower. Due to this, what I have ended up with was a third value which, rather than switching between raw VWAP values and DC values, it adjusts the value based on the change in the VWAP value. This can be simply thought of as a "Start + Change" type of setup. By doing this, I can use the change values from the actual anchored VWAP, and under normal conditions, this will also be the true VWAP value. However, situationally, I am able to update the start value which we're applying the VWAP change to. In other words, when these situations happen, the VWAP change is added to the new (closer to price) DC value. The specific trend logic being used is nothing fancy at all, we are simply checking if a new high or low is created and setting the trend in that direction. This is in line with some traditional DC Strategies. To those who made it here, Just remember: The chart may be ugly, but it's the fastest analysis of the data you can get. Nicer displays often come at the hidden cost of latency. You have to shoot your shot to make it. Choose 2: Fast, Clean, Useful Enjoy!
Pine Script® indicator
by SamRecio
20
VWAP anchored with Previous VWAPVWAP with Persistent Previous VWAP Levels 🔹 Overview This indicator calculates and displays Daily, Weekly, and Monthly VWAP (Volume Weighted Average Price) along with their previous period VWAP levels, helping traders analyze key price points used by institutional players. Unlike traditional VWAP indicators that reset at the start of each period, this script extends the previous VWAP levels across the current period, providing strong reference points for support and resistance. 🔹 Key Features ✅ Multiple Timeframe VWAPs – Displays Daily, Weekly, and Monthly VWAPs for better trend analysis. ✅ Persistent Previous VWAPs – Keeps and extends previous period VWAP levels as horizontal lines. ✅ Customizable Appearance – Modify colors, line widths, and visibility of each VWAP level. ✅ VWAP Labels – Optional labels for quick reference to VWAP and previous VWAP values. ✅ Efficient Calculation – Optimized for smooth performance on all chart timeframes. 🔹 How It Works VWAP Calculation Uses hlc3 (high + low + close) / 3 as the default VWAP price source. Accumulates price-volume data within each time period (day, week, or month). Previous VWAP Line Extension When a new period begins, the final VWAP value of the previous period is stored. A horizontal line is drawn at this level and extends across the current period. Customizable Display Enable/disable Daily, Weekly, and Monthly VWAPs independently. Choose colors for VWAP and Previous VWAP lines. Toggle labels for better visibility. 🔹 Why Use This Indicator? 📌 Identify Institutional Trading Zones – VWAP is widely used by hedge funds, banks, and algorithmic traders. 📌 Detect Key Support & Resistance Levels – Previous VWAP levels act as dynamic support and resistance. 📌 Improve Trade Entries & Exits – Use VWAP bounces and breaks for confirmation. 📌 Works on All Timeframes – Useful for scalpers, swing traders, and long-term investors. 🔹 Best Use Cases 📍 Trend Confirmation – Price above VWAP suggests an uptrend; below VWAP indicates a downtrend. 📍 Support & Resistance Trading – Use previous VWAP levels as key reaction zones. 📍 Breakout & Mean Reversion Strategies – Combine with price action for high-probability trades. 📢 Try it out and elevate your trading strategy with institutional-grade VWAP levels! 🚀
Pine Script® indicator
by Big_T_
VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977)VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977) This indicator combines the proven UT Bot breakout engine but with VWAP directional filtering and ATR-based take profit levels. It delivers clean, high-probability trend entries and automatic volatility-calibrated exits. How it works: Buy only when price is above VWAP Sell only when price is below VWAP UT Bot confirms momentum with ATR-based trailing logic ATR Take Profit gives consistent exits based on volatility Bars turn green/red only while in a trade, back to normal after TP Best For: Intraday and swing trading Indices, FX, crypto, and high-volume stocks but also for Forex with right TF and settings Traders who want clean signals and minimal noise 2. Trade Checklist: Use this before every entry. Quick, simple, reliable. BUY Checklist: Price confirmed above VWAP Label prints BUY Enter on Buy label (on bar close) → Hold until ATR TP hits SELL Checklist: Price below VWAP Label prints SELL Enter on Sell label → Hold until ATR TP hits Avoid Entries When: Price is chopping tightly around VWAP Major news events are about to release Volume is extremely low ATR is shrinking rapidly (market compression) 3. Risk-Management Guide This is tailored to how your system actually behaves. 1. Use ATR TP as Primary Exit: The system automatically calculates a TP based on volatility: High volatility → larger TP Low volatility → smaller TP This keeps trades consistent and avoids lingering too long. 2. Stop-Loss Recommendation This strategy is designed for TP-only exits, but if you want a SL: Recommended Stop-Loss: Use ATR’s opposite trail, OR Use 1 × ATR behind your entry candle This matches the system's internal logic. 3. Position Sizing Since this system enters during momentum expansions, use: 1–2% max risk per trade Reduce risk during high-impact news sessions 4. Understand VWAP Environment Different VWAP conditions require different expectations: Strong Trend (price far from VWAP) Higher TP probability Fewer whipsaws Excellent continuation setups Chop Zone (price flips above/below VWAP) Do NOT trade Signals lose edge Wait for a clean break + UT confirmation 5. Choose Correct VWAP Reset for your trading and session This dramatically improves results. Market Recommended VWAP Reset US Stocks New York Session Indices Daily Forex London or New York Crypto Daily or None 4. Final Tips for Best Performance ✔ Enter only in the direction of VWAP ✔ Don’t chase signals far away from entry candle ✔ Avoid trading right into major support/resistance ✔ ATR TP will handle exits mostly Disclaimer This script is provided for educational and informational purposes only. It does not constitute financial advice, investment advice, trading advice, or any form of recommendation to buy or sell any financial instrument. The auto take no responsibility for loss or error in the script.
Pine Script® indicator
by PDK1977
3
VWAP Entry Assistant (v1.0)Description: Anchored VWAP with a lightweight assistant for VWAP reversion trades. It shows the distance to VWAP, an estimated hit probability for the current bar, the expected number of bars to reach VWAP, and a recommended entry price. If the chance of touching VWAP is low, the script suggests an adjusted limit using a fraction of ATR. The VWAP line is white by default, and a compact summary table appears at the bottom-left. Educational tool. Not financial advice. Not affiliated with TradingView or any exchange. Always backtest before use.
Pine Script® indicator
by Seaman88
VWAP Balance ZonesVWAP Balance Zones (VBZ) Is based on 3 concepts. Many Traders use VWAP to help determine Price Trends. Trends are typically identified by new Highs or new Lows. Balanced is found when Supply and Demand are mostly Equal. VBZ tracks the daily, weekly, and monthly highs and lows; Then plots the average (50%) between the VWAP and the respective extremes. 50% VWAP Zones can be considered significant since they attempt to identify the equilibrium between market participants within the current trend, serving as key reference points to consider for decision making. >While in an uptrend, Buyers may see price falling to the Hi 50% as an attractive value entry for the continuation upwards. >While ALSO in an uptrend, Sellers may see price falling to the Hi 50% as a change in sentiment with more downwards movement on the way. Because of these conflicting mindsets, these zones are thought to display areas of balance between buyers and sellers, which can serve as potential decision points throughout the day. VBZ Draws Zones from the Daily (High/Low/Close) VWAPs and the Day's (High/Low/Close) extremes as seen below. Technically speaking, an average between vwap and extreme is a single point, to make these into zones I am using multiple sources for vwap and tracking different points of the bar throughout the day (ex. Close VWAP & Daily Highest Close) Weekly and Monthly are only displaying the Average Price between the VWAP and the (Weekly or Monthly) High/Low. These hold up as important levels for speculation; however, since most action will be discovered at the daily zones, I am not displaying the zones for the Weekly and Monthly to keep noise to a minimum. Unique Behaviors: - Weekly values are hidden on the first day of the week since they are similar to the daily values on the first day of the week. - Monthly values are hidden in the first week of the month for the same reason.
Pine Script® indicator
by SamRecio
4
VWAP TrendSignalVWAP TrendSignal VWAP (Volume-Weighted Average Price) is the market’s true fair value — the benchmark institutions use to see when price is balanced, extended, or trending with real intent. Price often snaps back when it moves too far (mean reversion), and only shows genuine strength when it holds above or below VWAP. VWAP TrendSignal makes this insight effortless by color-coding VWAP direction: Yellow = VWAP rising → bullish pressure Red = VWAP falling → bearish pressure No bands. No noise. Just pure directional clarity. Anchor VWAP to the Session, Week, Month, Quarter, or Year, and tailor the Slope Smoothing Filter to your timeframe: 1–2 smoothing → fast & reactive (1–5m scalping) 3–5 smoothing → clean & stable (5–15m intraday) 6–10 smoothing → slow flips (1H–4H swings) 10–15 smoothing → macro bias only (Daily/Weekly) The line adapts to how you trade. How to Use It Mean Reversion When price stretches far from VWAP, expect pullbacks or snapbacks. Trend Direction Yellow supports long bias, red supports short bias. Simple, reliable, instantly visible. Balance Zones Price sitting near VWAP = compression, buildup, or chop. A perfect signal to wait or prepare for a breakout. Why It Works VWAP TrendSignal distills institutional logic into a clean, single-line tool. It shows fair value, trend slope, and balance all at once — making your chart clearer and your decisions faster. Once you get used to reading it, trading without it feels blind.
Pine Script® indicator
by traderaven91
5
VWAP + VWAP Distance Avg + Alert Lines (%)VWAP Distance & Average Distance Indicator – Detailed Description The VWAP + VWAP Distance Avg + Alert Lines (%) indicator is designed to measure the distance of the current price from the VWAP (Volume Weighted Average Price), as well as the average distance over a specified period. This tool is particularly useful for traders who use the VWAP as a magnet for price, helping to identify potential trend changes and areas where price may revert toward the VWAP. Key Features Current Distance (%) Calculates the absolute percentage difference between the current price and the VWAP This line shows how far the price has moved away from the VWAP at any given moment. Average Distance (%) Calculates a simple moving average (SMA) of the distance over a specified lookback period. This provides a reference for typical price deviations from the VWAP, helping traders assess whether the current distance is unusually high or low. Alert Lines (%) Allows up to three customizable horizontal alert lines, which can be turned on or off individually. Each line can be configured with: Value in percent. Color. Line thickness. These lines serve as visual thresholds, helping traders detect extreme deviations from the VWAP that may precede trend reversals. Use Case – Detecting Potential Trend Changes Traders often treat the VWAP as a price magnet, where price tends to revert after significant deviations. When the current distance exceeds typical average levels or crosses an alert line, it can signal that the price may revert toward the VWAP, potentially indicating a shift in trend or a high-probability mean-reversion scenario. Disclaimer This indicator is provided for educational and analytical purposes only. It does not constitute financial advice, and trading decisions are always the sole responsibility of the individual trader. Users should carefully evaluate market conditions and their own risk tolerance before taking any trade. Better used with VWAP on chart , and be careful around the end of session, for now this works just for session... still improving on this....
Pine Script® indicator
by ueuito
VWAP HMA Trend Execution SystemVWAP Trend Execution System 🧭 Purpose Most traders don’t fail from bad charts — they fail from bad timing. Jumping in too early, bailing too soon, or freezing when the real move begins. The VWAP Trend Execution System cuts through that chaos. It visually syncs Trend, VWAP, and Confidence — giving you instant clarity to trade with calm precision. ⚙️ The Three Core Gauges: 1. 📈 Trend Green for up, Red for down (Trend: Confirms direction) 2. 💰 VWAP Price vs. Volume Weighted Average Price. Institutional Fair Value. (Bull or Bear) 3. 🎯 Confidence Agreement between trend & VWAP. Dont fight the trend. Bonus Feature: Confidence Turns 🟢 Confident when aligned, 🟡 Cautious when mixed. Bonus 2: This version has the cross / confirmed direction arrow in the table. Together, these create a clean, visual readout of the market’s health. 🧩 How to Use Watch the Color Flow: 🟢 Green Cloud → Buyers in control. 🔴 Red Cloud → Sellers in control. Check VWAP (Orange Line): Price above VWAP → bullish strength. Price below VWAP → bearish control. Hovering at VWAP → indecision. Wait. --- Act With Discipline: Trade only when all gauges agree. Add size only in Confident conditions. Trim or tighten stops when it shifts to Cautious. ⚡ Quick Reference: 🟢 Green cloud + above VWAP + Confident | Uptrend continuation | Favor long bias 🔴 Red cloud + below VWAP + Confident | Downtrend continuation | Favor short bias Mixed colors or Cautious: Wait or scale back Cloud flips color: Possible shift. Reassess bias next bar 🧠 Best Practices Works best on liquid symbols (SPY, QQQ, BTC, GOLD). Ideal timeframes: 5m to 1h. Use at bar close for confirmation, but enjoy live responsiveness for awareness. Combine with your existing risk management — VTES is a timing enhancer, not a signal generator. Designed for clarity on both light and dark themes (optimized for dark). 💡 Mindset This isn’t a prediction tool — it’s a discipline tool. Wait for agreement. Execute when the picture is clear. Protect capital when it’s not. 🧘 Clarity over clutter. Timing over guessing. ⚖️ Disclaimer: Educational and informational use only. Not financial advice. Always use independent judgment and position sizing.
Pine Script® indicator
by TheAITradingDesk
5
VWAP Multi-Period with SD & Value ZonesVWAP Multi-Period with SD & Value Zones A dynamic VWAP indicator that works on Weekly, Monthly, Quarterly (3M) and Yearly (12M) timeframes. VWAP line: true volume-weighted average price ±1, ±2, ±3 SD bands: volume-weighted volatility levels Value Zone: filled area between ±1 SD Prior Value Zone: last period’s ±1 SD area extended into the new period Usage: Add to chart, select your period (W/M/3M/12M), and use the bands and zones as volume-weighted support/resistance and risk boundaries. Demander à ChatGPT
Pine Script® indicator
by goldmannsachs
VWAP For NIFTY & BANKNIFTY [Zero54]NIFTY and BANKNIFTY Being Index do not have VWAP (because there is no volume generated). This is a simple script that displays NIFTY's future VWAP on NIFTY's Spot chart and similarly, displays BANKNIFTY's future VWAP on BANKNIFTY's sport chart. Fast and quick. Just few lines of code. No hefty un-necessary calculations. No settings necessary. The script automatically detects NIFTY and BANKNIFTY and displays the corresponding VWAP. Enjoy and share the knowledge. If you love this script, please boost/love this script and add a comment. Cheers! NSE:NIFTY NSE:BANKNIFTY
Pine Script® indicator
by zero54
VWAP For Loop [BackQuant]VWAP For Loop What this tool does—in one sentence A volume-weighted trend gauge that anchors VWAP to a calendar period (day/week/month/quarter/year) and then scores the persistence of that VWAP trend with a simple for-loop “breadth” count; the result is a clean, threshold-driven oscillator plus an optional VWAP overlay and alerts. Plain-English overview Instead of judging raw price alone, this indicator focuses on anchored VWAP —the market’s average price paid during your chosen institutional period. It then asks a simple question across a configurable set of lookback steps: “Is the current anchored VWAP higher than it was i bars ago—or lower?” Each “yes” adds +1, each “no” adds −1. Summing those answers creates a score that reflects how consistently the volume-weighted trend has been rising or falling. Extreme positive scores imply persistent, broad strength; deeply negative scores imply persistent weakness. Crossing predefined thresholds produces objective long/short events and color-coded context. Under the hood • Anchoring — VWAP using hlc3 × volume resets exactly when the selected period rolls:   Day → session change, Week → new week, Month → new month, Quarter/Year → calendar quarter/year. • For-loop scoring — For lag steps i = , compare today’s VWAP to VWAP .   – If VWAP > VWAP , add +1.   – Else, add −1.   The final score ∈ , where N = (end − start + 1). With defaults (1→45), N = 45. • Signal logic (stateful)   – Long when score > upper (e.g., > 40 with N = 45 → VWAP higher than ~89% of checked lags).   – Short on crossunder of lower (e.g., dropping below −10).   – A compact state variable ( out ) holds the current regime: +1 (long), −1 (short), otherwise unchanged. This “stickiness” avoids constant flipping between bars without sufficient evidence. Why VWAP + a breadth score? • VWAP aggregates both price and volume—where participants actually traded. • The breadth-style count rewards consistency of the anchored trend, not one-off spikes. • Thresholds give you binary structure when you need it (alerts, automation), without complex math. What you’ll see on the chart • Sub-pane oscillator — The for-loop score line, colored by regime (long/short/neutral). • Main-pane VWAP (optional) — Even though the indicator runs off-chart, the anchored VWAP can be overlaid on price (toggle visibility and whether it inherits trend colors). • Threshold guides — Horizontal lines for the long/short bands (toggle). • Cosmetics — Optional candle painting and background shading by regime; adjustable line width and colors. Input map (quick reference) • VWAP Anchor Period — Day, Week, Month, Quarter, Year. • Calculation Start/End — The for-loop lag window . With 1→45, you evaluate 45 comparisons. • Long/Short Thresholds — Default upper=40, lower=−10 (asymmetric by design; see below). • UI/Style — Show thresholds, paint candles, background color, line width, VWAP visibility and coloring, custom long/short colors. Interpreting the score • Near +N — Current anchored VWAP is above most historical VWAP checkpoints in the window → entrenched strength. • Near −N — Current anchored VWAP is below most checkpoints → entrenched weakness. • Between — Mixed, choppy, or transitioning regimes; use thresholds to avoid reacting to noise. Why the asymmetric default thresholds? • Long = score > upper (40) — Demands unusually broad upside persistence before declaring “long regime.” • Short = crossunder lower (−10) — Triggers only on downward momentum events (a fresh breach), not merely being below −10. This combination tends to:   – Capture sustained uptrends only when they’re very strong.   – Flag downside turns as they occur, rather than waiting for an extreme negative breadth. Tuning guide Choose an anchor that matches your horizon   – Intraday scalps : Day anchor on intraday charts.   – Swing/position : Month or Quarter anchor on 1h/4h/D charts to capture institutional cycles. Pick the for-loop window   – Larger N (bigger end) = stronger evidence requirement, smoother oscillator.   – Smaller N = faster, more reactive score. Set achievable thresholds   – Ensure upper ≤ N and lower ≥ −N ; if N=30, an upper of 40 can never trigger.   – Symmetric setups (e.g., +20/−20) are fine if you want balanced behavior. Match visuals to intent   – Enabling VWAP coloring lets you see regime directly on price.   – Background shading is useful for discretionary reading; turn it off for cleaner automation displays. Playbook examples • Trend confirmation with disciplined entries — On Month anchor, N=45, upper=38–42: when the long regime engages, use pullbacks toward anchored VWAP on the main pane for entries, with stops just beyond VWAP or a recent swing. • Downside transition detection — Keep lower around −8…−12 and watch for crossunders; combine with price losing anchored VWAP to validate risk-off. • Intraday bias filter — Day anchor on a 5–15m chart, N=20–30, upper ~ 16–20, lower ~ −6…−10. Only take longs while score is positive and above a midline you define (e.g., 0), and shorts only after a genuine crossunder. Behavior around resets (important) Anchored VWAP is hard-reset each period. Immediately after a reset, the series can be young and comparisons to pre-reset values may span two periods. If you prefer within-period evaluation only, choose end small enough not to bridge typical period length on your timeframe, or accept that the breadth test intentionally spans regimes. Alerts included • VWAP FL Long — Fires when the long condition is true (score > upper and not in short). • VWAP FL Short — Fires on crossunder of the lower threshold (event-driven). Messages include {{ticker}} and {{interval}} placeholders for routing. Strengths • Simple, transparent math — Easy to reason about and validate. • Volume-aware by construction — Decisions reference VWAP, not just price. • Robust to single-bar noise — Needs many lags to agree before flipping state (by design, via thresholds and the stateful output). Limitations & cautions • Threshold feasibility — If N < upper or |lower| > N, signals will never trigger; always cross-check N. • Path dependence — The state variable persists until a new event; if you want frequent re-evaluation, lower thresholds or reduce N. • Regime changes — Calendar resets can produce early ambiguity; expect a few bars for the breadth to mature. • VWAP sensitivity to volume spikes — Large prints can tilt VWAP abruptly; that behavior is intentional in VWAP-based logic. Suggested starting profiles • Intraday trend bias : Anchor=Day, N=25 (1→25), upper=18–20, lower=−8, paint candles ON. • Swing bias : Anchor=Month, N=45 (1→45), upper=38–42, lower=−10, VWAP coloring ON, background OFF. • Balanced reactivity : Anchor=Week, N=30 (1→30), upper=20–22, lower=−10…−12, symmetric if desired. Implementation notes • The indicator runs in a separate pane (oscillator), but VWAP itself is drawn on price using forced overlay so you can see interactions (touches, reclaim/loss). • HLC3 is used for VWAP price; that’s a common choice to dampen wick noise while still reflecting intrabar range. • For-loop cap is kept modest (≤50) for performance and clarity. How to use this responsibly Treat the oscillator as a bias and persistence meter . Combine it with your entry framework (structure breaks, liquidity zones, higher-timeframe context) and risk controls. The design emphasizes clarity over complexity—its edge is in how strictly it demands agreement before declaring a regime, not in predicting specific turns. Summary VWAP For Loop distills the question “How broadly is the anchored, volume-weighted trend advancing or retreating?” into a single, thresholded score you can read at a glance, alert on, and color through your chart. With careful anchoring and thresholds sized to your window length, it becomes a pragmatic bias filter for both systematic and discretionary workflows.
Pine Script® indicator
by BackQuant
2
VWAP Horizon Suite Optimized - CoffeeKillerVWAP Horizon Suite Optimized - User Guide Overview The VWAP Horizon Suite Optimized is a comprehensive technical analysis tool for TradingView designed to enhance your trading strategy with Volume Weighted Average Price (VWAP) analysis, standard deviation bands, and customizable Exponential Moving Averages (EMAs). This indicator provides a robust framework for identifying potential support and resistance levels, price momentum, and market trends. Key Features - **Daily VWAP with Session Reset**: Automatically resets at 17:00 (5:00 PM) each day - **Customizable Standard Deviation/Percentage Bands**: Up to 3 bands above and below VWAP - **High/Low Point Detection**: Visual markers for significant price levels - **Multiple Customizable EMAs**: 8 different EMAs that can be individually toggled and styled - **Visual Customization**: Adjustable colors, fills, and styles for all elements VWAP Settings - **Source**: Determines the price data used to calculate VWAP (default: HLC3 - High, Low, Close average) Bands Settings - **Bands Calculation Mode**: Choose between "Standard Deviation" or "Percentage" methods - **Show Band #1, #2, #3**: Toggle visibility for each band - **Band Multiplier #1, #2, #3**: Adjust the distance from VWAP (in standard deviations or percentage) - **Show Fills**: Enable colored fills between bands for better visualization Visualization Settings - **Show High/Low Markers**: Display diamond markers for local high and low points relative to VWAP, these reset based on the price crossing the VWAP Line. EMA Settings The indicator provides 8 customizable EMAs (8, 13, 21, 26, 48, 50, 100, and 200) with individual controls: - **Show EMA X**: Toggle visibility for each EMA - **EMA X Period**: Adjust the period length for calculation - **EMA X Color**: Customize the color of each EMA - **EMA Line Width**: Set the width for all EMA lines How to Use Basic VWAP Analysis The core VWAP line (blue) represents the average price weighted by volume since the start of the session (17:00 daily reset). This serves as a dynamic support/resistance level and reference point for intraday trading. 1. **Price above VWAP**: Generally bullish short-term sentiment 2. **Price below VWAP**: Generally bearish short-term sentiment 3. **Crosses of VWAP**: Potential shift in short-term momentum Standard Deviation Bands The bands surrounding VWAP help identify potential support, resistance, and volatility levels: - **Band #1 (±1σ)**: Price often reverts to VWAP when reaching these levels - **Band #2 (±2σ)**: Stronger support/resistance areas, possible reversal zones - **Band #3 (±3σ)**: Extreme price levels, often indicating overbought/oversold conditions High/Low Point Detection Purple and yellow diamond markers identify significant swing highs and lows relative to VWAP, helping you recognize potential reversal points or continuation patterns. (These repaint in a effort to find the max high/low point from the VWAP Line) EMA Strategy The customizable EMAs can be used to: - Find potential support/resistance levels - Create crossover systems - Analyze market structure Common EMA combinations include: - 8 & 21 for short-term trends - 50 & 200 for long-term trends and the "Golden Cross/Death Cross" - 13 & 48 for the "New Golden Cross" - a modern alternative gaining popularity among traders - 8, 13, 21 for complex short-term momentum analysis Advanced Usage Tips For Day Traders 1. **Opening Range Analysis**: Watch how price reacts to VWAP in the first hour of trading 2. **VWAP Reversions**: Look for trades when price touches outer bands and reverses toward VWAP 3. **Band Breakouts**: Strong moves beyond Band #2 may indicate momentum for continuation For Swing Traders 1. **Use alongside daily/weekly support-resistance levels** 2. **Combine with EMA crossovers for trend confirmation** 3. **Identify potential reversal zones where price reaches Band #3** Combined Strategies - **EMA + VWAP Confluence**: Strong signals occur when EMA lines and VWAP/bands align at the same price level - **High/Low + Band Touch**: When a high/low marker appears near a band, it may indicate a stronger support/resistance level Conclusion The VWAP Horizon Suite Optimized provides a comprehensive set of tools for price analysis based on volume-weighted data and exponential averages. By understanding and properly configuring the various components, you can create a powerful visual framework for identifying potential trading opportunities across multiple timeframes. Remember that no indicator provides perfect signals, and the VWAP Horizon Suite works best when used as part of a complete trading strategy that includes risk management, multiple confirmation tools, and proper analysis of market conditions. DISCLAIMER **DISCLAIMER: This indicator and its signals are intended solely for educational and informational purposes. They do not constitute financial advice. Trading involves significant risk of loss. Always conduct your own analysis and consult with financial professionals before making trading decisions.**
Pine Script® indicator
by CoffeeKiller
6
VWAP DivergenceThe "VWAP Divergence" indicator leverages the VWAP Rolling indicator available in TradingView's library to analyze price and volume dynamics. This custom indicator calculates a rolling VWAP (Volume Weighted Average Price) and compares it with a Simple Moving Average (SMA) over a specified historical period. Advantages: 1. Accurate VWAP Calculation: The VWAP Rolling indicator computes a VWAP that dynamically adjusts based on recent price and volume data. VWAP is a vital metric used by traders to understand the average price at which a security has traded, factoring in volume. 2. SMA Comparison: By contrasting the rolling VWAP from the VWAP Rolling indicator with an SMA of the same length, the indicator highlights potential divergences. This comparison can reveal shifts in market sentiment. 3. Divergence Identification: The primary purpose of this indicator is to detect divergences between the rolling VWAP from VWAP Rolling and the SMA. Divergence occurs when the rolling VWAP significantly differs from the SMA, indicating potential changes in market dynamics. Interpretation: 1. Positive Oscillator Values: A positive oscillator (difference between rolling VWAP and SMA) suggests that the rolling VWAP, derived from the VWAP Rolling indicator, is above the SMA. This could indicate strong buying interest or accumulation. 2. Negative Oscillator Values: Conversely, a negative oscillator value indicates that the rolling VWAP is below the SMA. This might signal selling pressure or distribution. 3. Divergence Signals: Significant divergences between the rolling VWAP (from VWAP Rolling) and SMA can indicate shifts in market sentiment. For instance, a rising rolling VWAP diverging upwards from the SMA might suggest increasing bullish sentiment. 4. Confirmation with Price Movements: Traders often use these divergences alongside price action to confirm potential trend reversals or continuations. Implementation: 1. Length Parameter: Adjust the Length input to modify the lookback period for computing both the rolling VWAP from VWAP Rolling and the SMA. A longer period provides a broader view of market sentiment, while a shorter period is more sensitive to recent price movements. 2. Visualization: The indicator plots the VWAP SMA Oscillator, which visually represents the difference (oscillator) between the rolling VWAP (from VWAP Rolling) and SMA over time. 3. Zero Line: The zero line (gray line) serves as a reference point. Oscillator values crossing above or below this line can be interpreted as bullish or bearish signals, respectively. 4. Contextual Analysis: Interpret signals from this indicator in conjunction with broader market conditions and other technical indicators to make informed trading decisions. This indicator, utilizing the VWAP Rolling component, is valuable for traders seeking insights into the relationship between volume-weighted price levels and traditional moving averages, aiding in the identification of potential trading opportunities based on market dynamics.
Pine Script® indicator
by Julien_Eche
1
VWAP Adaptive (RelVol-Adjusted)This indicator provides an Adaptive VWAP that adjusts volume weighting using RelVol (Relative Volume at Time), offering a more accurate and context-aware price reference during sessions with irregular volume behavior. Classic VWAP calculates the average price weighted by raw volume, without considering the time of day. This becomes a serious limitation during major market events such as CPI releases, FOMC announcements, NFP, or large-cap earnings. These events often trigger massive volume spikes within one or two candles. As a result, the classic VWAP gets pulled toward those extreme prices and becomes permanently skewed for the rest of the session. In such conditions, classic VWAP becomes unreliable. It no longer reflects fair value and often misleads traders relying on it for dynamic support, resistance, or reversion signals. This Adaptive VWAP improves on that by using RelVol, which compares the current volume to the average volume seen at the same time over previous sessions. It gives more weight to price when volume is typical for that moment, and adjusts the influence when volume is statistically abnormal. This reduces the impact of isolated volume spikes and stabilizes the VWAP path, even in high-volatility environments. For example, on SPY 1-minute or 5-minute charts during a CPI release, a massive spike in volume and price can occur within a single candle. Classic VWAP will immediately anchor itself to that spike. Adaptive VWAP using RelVol softens that effect and maintains a more realistic trajectory. Key features: - Adaptive VWAP weighted by time-adjusted Relative Volume (RelVol) - Designed to maintain VWAP reliability during macroeconomic events - Flexible anchoring: Session, Week, Month, Quarter, Earnings, etc. - Optional display of Classic VWAP for comparison - Up to 3 customizable deviation bands (standard deviation or percentage) This tool is ideal for intraday traders who need a VWAP that remains usable and unbiased, even in volatile sessions. It adds robustness to VWAP-based strategies by incorporating time-sensitive volume normalization.
Pine Script® indicator
by Julien_Eche
2
VWAP Open Session Anchored by HampehThe VWAP Open Session Anchored indicator differs from traditional VWAP indicators by automatically anchoring the Volume Weighted Average Price calculation to three market session starts Morning, Evening, and Night. Each session represents a distinct time period within the trading day, offering traders and investors a more comprehensive view of the volume-weighted average price within specific sessions. What Is the Volume-Weighted Average Price (VWAP)? The volume-weighted average price (VWAP) is a technical analysis indicator used on intraday charts that resets at the start of every new trading session. VWAP is important because it provides traders with pricing insight into both the trend and value of a security. KEY TAKEAWAYS 1. The volume-weighted average price (VWAP) is a single line on intraday charts. 2. It looks similar to a moving average line but smoother. 3. VWAP represents a view of price action throughout a single day's trading session. 4. Retail and professional traders may use the VWAP to help them determine intraday price trends. 5. VWAP typically is most useful to short-term traders. VWAP is calculated by totaling the dollars traded for every transaction (price multiplied by the volume) and then dividing by the total shares traded. VWAP = Cumulative Typical Price x Volume/Cumulative Volume Where Typical Price = High price + Low price + Closing Price/3 Cumulative = total since the trading session opened. How Is VWAP Used? VWAP is used in different ways by traders. Traders may use VWAP as a trend confirmation tool and build trading rules around it. For instance, they may consider stocks with prices below VWAP as undervalued and those with prices above it, as overvalued. If prices below VWAP move above it, traders may go long on the stock. If prices above VWAP move below it, they may sell their positions or initiate short positions. Institutional buyers including mutual funds use VWAP to help move into or out of stocks with as small of a market impact as possible. Therefore, when they can, institutions will try to buy below the VWAP or sell above it. This way their actions push the price back toward the average, instead of away from it. Source: www.investopedia.com
Pine Script® indicator
by Hampeh
2
Vwap Z-Score with Signals [UAlgo]The "VWAP Z-Score with Signals " is a technical analysis tool designed to help traders identify potential buy and sell signals based on the Volume Weighted Average Price (VWAP) and its Z-Score. This indicator calculates the VWAP Z-Score to show how far the current price deviates from the VWAP in terms of standard deviations. It highlights overbought and oversold conditions with visual signals, aiding in the identification of potential market reversals. The tool is customizable, allowing users to adjust parameters for their specific trading needs. 🔶 Features VWAP Z-Score Calculation: Measures the deviation of the current price from the VWAP using standard deviations. Customizable Parameters: Allows users to set the length of the VWAP Z-Score calculation and define thresholds for overbought and oversold levels. Reversal Signals: Provides visual signals when the Z-Score crosses the specified thresholds, indicating potential buy or sell opportunities. 🔶 Usage Extreme Z-Score values (both positive and negative) highlight significant deviations from the VWAP, useful for identifying potential reversal points. The indicator provides visual signals when the Z-Score crosses predefined thresholds: A buy signal (🔼) appears when the Z-Score crosses above the lower threshold, suggesting the price may be oversold and a potential upward reversal. A sell signal (🔽) appears when the Z-Score crosses below the upper threshold, suggesting the price may be overbought and a potential downward reversal. These signals can help you identify potential entry and exit points in your trading strategy. 🔶 Disclaimer The "VWAP Z-Score with Signals " indicator is designed for educational purposes and to assist traders in their technical analysis. It does not guarantee profitable trades and should not be considered as financial advice. Users should conduct their own research and use this indicator in conjunction with other tools and strategies. Trading involves significant risk, and it is possible to lose more than your initial investment.
Pine Script® indicator
by UAlgo
6
VWAP PredatorUsing VWAP as a start point, the VWAP Predator uses proprietary Fibonacci bands to help determine signal criteria. Most traders use VWAP in a simple way to determine whether an instrument is in a bearish or bullish state, but that doesn't help choosing the correct time to go long or short. The xBat VWAP Predator uses behavioural analysis with volume, price action with open and close proximities to the Fibonacci bands/zones (Fib Zones). The following describes how the xBrat VWAP Predator is different to any standard use of Volume Weighted Average Price and uses xBrat Proprietary Behavioural logic to determine high probability long and Short signals. All of this heavy lifting and logic is done behind the scenes, keeping traders charts clean. Long Trading Signals - Candle Coloured in Blue - There are many states with the logic to produce these signals, which are briefly described below: 1. The only standard criteria here - The price action must be above the VWAP Line 2. The Price must open below the boundary of one Fib Zone and close into the next Fib Zone 3. That Same Candle has to be an Accumulation Candle (more volume than the preceding candle and More Buyers) - This is determined with our proprietary logic coding 4. The Same signal candle also has to be higher than average volume. Again, our proprietary xBrat Logic just doesn't look back over a set number of bars, it looks at times of day and day of week, plus more to determine a true valuation of higher, lower or equal to average volume. 5. Only when these states are met, plus two more ema proximity logic, Does the xBrat VWAP predator give a Long Signal. 6. Trade Management is either set targets or indeed a simple ema cross which we provide as a ribbon on the chart to help traders. These ema's are different to entry logic. When the Ribbon turns from green to red, the trader should consider exiting the trade Short Trading Signals - Candle Coloured in Pink - There are many states with the logic to produce these signals, which are briefly described below: 1. The only standard criteria here - The price action must be below the VWAP Line 2. The Price must open above the boundary of one Fib Zone and close into the next Fib Zone 3. That Same Candle has to be a Distribution Candle (more volume than the preceding candle and More Sellers) - This is determined with our proprietary logic coding 4. The Same signal candle also has to be higher than average volume. Again, our proprietary xBrat Logic just doesn't look back over a set number of bars, it looks at times of day and day of week, plus more to determine a true valuation of higher, lower or equal to average volume. 5. Only when these states are met, plus two more ema proximity logic, Does the xBrat VWAP predator give a Short Signal. 6. Trade Management is either set targets or indeed a simple ema cross which we provide as a ribbon on the chart to help traders. These ema's are different to entry logic. When the Ribbon turns from red to green, the trader should consider exiting the trade. VWAP Predator is a day trading and scalping signals trading indicator.
Pine Script® indicator
by PBratbyOfficial