VWAP Entry Assistant (v1.0)

19 ott

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.

6 dic

Note di rilascio

VWAP Entry Assistant v2.1

Anchored VWAP with a lightweight assistant for mean-reversion and VWAP rebalance setups.

This indicator shows:

Distance to VWAP (points & percent)

Estimated probability of touching VWAP on the current bar

Expected number of bars until VWAP is reached

A dynamic, volatility-adjusted recommended entry level

If the probability of a direct VWAP touch is low, the script suggests a smarter limit entry using a fraction of ATR.

New in v2.1 – VWAP Projection (Heuristic Forecast):
A forward VWAP projection is displayed assuming that the next candles trade at the current price with constant volume.
This creates a visual forecast of how VWAP could evolve over the next bars and helps traders anticipate potential VWAP rebalance or mean-reversion scenarios.
This projection is not predictive and only serves as a geometric reference.

Visual features:

White main VWAP line

White dotted VWAP projection (forward)

Thicker orange recommended entry line

Compact summary table (Distance, Hit now, Expected Bars, Rec. Entry)

This tool is designed for traders who speculate on price reverting back to VWAP after extensions and want structured, volatility-aware entry guidance.

Educational tool only.
Not financial advice.
Not affiliated with TradingView or any exchange.
Always backtest before use.