VWAP Bands Pro

5 giorni fa

Disclaimer: This script is for educational purposes only and is not financial advice. Trading involves risk, and users are responsible for their own decisions.

VWAP Bands Pro is a professional volatility tool that anchors the Volume Weighted Average Price to a chosen timeframe and projects standard deviation bands to reveal stretched price zones.

Key Features

• Anchored Precision: Calculates VWAP from a fixed anchor period (default: Daily) for a clean institutional reference point.
  Standard Deviation Bands: Plots 1s, 2s, and 3s bands to show volatility. Moves into the outer bands often point to exhaustion or possible reversal areas.
  Glowing Gradient Design: Uses a premium multi step gradient that fades outward, making extreme zones easy to spot.
  Clean Visuals: Prioritizes smooth gradient fills instead of crowding the chart with heavy lines.
  

How to Use

• Anchor Period: Select the timeframe you want the tool to follow. Daily works well for intraday setups, while Weekly or Monthly suits swing trades.
  Strategy: Watch for mean reversion setups when price moves into the 2s to 3s outer zones and starts to reject, aiming for a return toward the central VWAP.
  

5 giorni fa

Note di rilascio

Fix labels not updating

4 giorni fa

Note di rilascio

Add optional toggle to hide bands and only show the VWAP.

3 giorni fa

Note di rilascio

Add VWAP time anchor to Label