OPEN-SOURCE SCRIPT
Daily SMAs & Intraday VWAP
Daily SMAs & Intraday VWAP (v1.1)
What it does
This overlay blends higher-timeframe signal lines with intraday execution clarity. It plots three Daily Simple Moving Averages (fast/mid/slow) on any chart timeframe, plus an intraday VWAP that resets each session. The result is a lightweight “map” of multi-day trend structure (the SMAs) and real-time mean/flow (VWAP) in one glance.
How to use it
Trend context: Daily SMAs give you bias and structure on any intraday chart. Price above rising SMAs = supportive trend; below falling SMAs = headwinds.
Execution & risk: VWAP acts as the intraday “fair value.” Pullbacks to VWAP in an uptrend can be quality entries; rejections from VWAP in a downtrend often mark fades.
Confluence: Highest signal quality comes when VWAP behavior aligns with the Daily SMAs (e.g., price above VWAP and above the daily 20/200 = trend-with-support).
Inputs
Daily SMAs: Fast (default 5), Mid (20), Slow (200), each with custom color/width.
VWAP (intraday only): Toggle on/off, color and thickness controls.
Notes
Daily SMAs are pulled via request.security() on the Daily timeframe and displayed on any chart.
VWAP only plots on intraday timeframes (resets at the session open).
Keep your chart clean: adjust line widths/colors to match your theme.
What it does
This overlay blends higher-timeframe signal lines with intraday execution clarity. It plots three Daily Simple Moving Averages (fast/mid/slow) on any chart timeframe, plus an intraday VWAP that resets each session. The result is a lightweight “map” of multi-day trend structure (the SMAs) and real-time mean/flow (VWAP) in one glance.
How to use it
Trend context: Daily SMAs give you bias and structure on any intraday chart. Price above rising SMAs = supportive trend; below falling SMAs = headwinds.
Execution & risk: VWAP acts as the intraday “fair value.” Pullbacks to VWAP in an uptrend can be quality entries; rejections from VWAP in a downtrend often mark fades.
Confluence: Highest signal quality comes when VWAP behavior aligns with the Daily SMAs (e.g., price above VWAP and above the daily 20/200 = trend-with-support).
Inputs
Daily SMAs: Fast (default 5), Mid (20), Slow (200), each with custom color/width.
VWAP (intraday only): Toggle on/off, color and thickness controls.
Notes
Daily SMAs are pulled via request.security() on the Daily timeframe and displayed on any chart.
VWAP only plots on intraday timeframes (resets at the session open).
Keep your chart clean: adjust line widths/colors to match your theme.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.