PROTECTED SOURCE SCRIPT
VWAP con Ancho de Banda (%) y Semáforo
📈 VWAP with Band Width (%) + Visual Traffic Light
This indicator is designed for traders who rely on VWAP-based momentum strategies, especially during sessions with lower liquidity like Asia or pre-market hours.
✅ What does this indicator do?
Calculates VWAP using Pine Script’s built-in ta.vwap(), anchored to a specific custom time (default: 7:30 PM Mexico time – ideal for Asia session).
Draws the upper and lower bands based on 1 standard deviation.
Measures the real band width as a percentage of VWAP.
Displays that percentage on the chart and compares it to a user-defined minimum threshold.
Adds a "traffic light" background:
🟢 Green: VWAP width is above the minimum threshold (e.g., 0.50%) → valid conditions to trade
🔴 Red: market lacks momentum → avoid trading
🎯 Who is this for?
Intraday traders operating BTC, ETH, indices, or Forex in 1min–5min timeframes
Breakout or EMA-based strategy traders
Anyone who wants to filter trades based on actual market strength or range
⚙ Key Configurations:
VWAP anchor time (default: 19:30)
Minimum VWAP width (%) to consider market valid
Toggle background visual signal on/off
💡 Perfect for traders who need a clean way to validate real momentum before entering a position. Helps avoid choppy, low-volume environments and boosts confidence during entry.
This indicator is designed for traders who rely on VWAP-based momentum strategies, especially during sessions with lower liquidity like Asia or pre-market hours.
✅ What does this indicator do?
Calculates VWAP using Pine Script’s built-in ta.vwap(), anchored to a specific custom time (default: 7:30 PM Mexico time – ideal for Asia session).
Draws the upper and lower bands based on 1 standard deviation.
Measures the real band width as a percentage of VWAP.
Displays that percentage on the chart and compares it to a user-defined minimum threshold.
Adds a "traffic light" background:
🟢 Green: VWAP width is above the minimum threshold (e.g., 0.50%) → valid conditions to trade
🔴 Red: market lacks momentum → avoid trading
🎯 Who is this for?
Intraday traders operating BTC, ETH, indices, or Forex in 1min–5min timeframes
Breakout or EMA-based strategy traders
Anyone who wants to filter trades based on actual market strength or range
⚙ Key Configurations:
VWAP anchor time (default: 19:30)
Minimum VWAP width (%) to consider market valid
Toggle background visual signal on/off
💡 Perfect for traders who need a clean way to validate real momentum before entering a position. Helps avoid choppy, low-volume environments and boosts confidence during entry.
Script protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
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 protetto
Questo script è pubblicato come codice protetto. Tuttavia, è possibile utilizzarlo liberamente e senza alcuna limitazione – per saperne di più clicca qui.
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.