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Multi-Timeframe VWAP Master ProThe Multi-Timeframe VWAP Suite is a comprehensive and highly customizable indicator designed for traders who rely on Volume-Weighted Average Price (VWAP) across multiple timeframes and periods. This tool provides a complete suite of VWAP calculations, including daily, weekly, monthly, quarterly, yearly, and custom VWAPs, allowing traders to analyze price action and volume trends with precision. Whether you're a day trader, swing trader, or long-term investor, this indicator offers unparalleled flexibility and depth for your trading strategy. Multi-Timeframe VWAPs: Daily, Weekly, Monthly, Quarterly, and Yearly VWAPs: Track VWAP across various timeframes to identify key support and resistance levels. Customizable Timeframes: Use the SMA timeframe input to adjust the period for moving averages and other calculations. Previous Period VWAPs: Previous Daily, Weekly, Monthly, and Quarterly VWAPs: Analyze historical VWAP levels to understand past price behavior and identify potential reversal zones. Previous Year Quarterly VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. Custom VWAPs: Custom Start Date and Timeframe: Define your own VWAP periods by specifying a start date and timeframe, allowing for tailored analysis. Dynamic Custom VWAP Calculation: Automatically calculates VWAP based on your custom inputs, ensuring flexibility for unique trading strategies. Seasonal and Yearly VWAPs: April, July, and October VWAPs: Analyze seasonal trends by tracking VWAP levels for specific months. Yearly VWAP: Get a broader perspective on long-term price trends with the yearly VWAP. SMA Integration: SMA Overlay: Combine VWAP analysis with a Simple Moving Average (SMA) for additional confirmation of trends and reversals. Customizable SMA Length and Timeframe: Adjust the SMA settings to match your trading style and preferences. User-Friendly Customization: Toggle Visibility and Labels: Easily enable or disable the display of specific VWAPs and their labels to keep your chart clean and focused. Color Customization: Each VWAP line and label is color-coded for easy identification and can be customized to suit your preferences. Dynamic Labeling: Automatic Labels: Labels are dynamically placed on the last bar, providing clear and concise information about each VWAP level. Customizable Label Text: Labels include detailed information, such as the timeframe or custom period, for quick reference. Flexible Timeframe Detection: Automatic Timeframe Detection: The indicator automatically detects new days, weeks, months, and quarters, ensuring accurate VWAP calculations. Support for Intraday and Higher Timeframes: Works seamlessly on all chart timeframes, from 1-minute to monthly charts. Previous Year Quarterly VWAPs: Q1, Q2, Q3, Q4 VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. User-Selectable Year: Choose the year for which you want to calculate previous quarterly VWAPs. Persistent Monthly VWAPs: Option to Persist Monthly VWAPs Year-Round: Keep monthly VWAP levels visible even after the month ends for ongoing analysis. Comprehensive Analysis: Combines multiple VWAP timeframes and periods into a single tool, eliminating the need for multiple indicators. Customizable and Flexible: Tailor the indicator to your specific trading strategy with customizable timeframes, periods, and settings. Enhanced Decision-Making: Gain deeper insights into price action and volume trends across different timeframes, helping you make more informed trading decisions. Clean and Organized Charts: Toggle visibility and labels to keep your chart clutter-free while still accessing all the information you need. Ideal For: Day Traders: Use daily and intraday VWAPs to identify intraday support and resistance levels. Swing Traders: Analyze weekly and monthly VWAPs to spot medium-term trends and reversals. Long-Term Investors: Leverage quarterly and yearly VWAPs to understand long-term price behavior and key levels. Seasonal Traders: Track April, July, and October VWAPs to capitalize on seasonal trends. The Multi-Timeframe VWAP Suite is a powerful and versatile tool for traders of all styles and timeframes. With its comprehensive suite of VWAP calculations, customizable settings, and user-friendly design, it provides everything you need to analyze price action and volume trends with precision and confidence. Whether you're looking to fine-tune your intraday strategy or gain a broader perspective on long-term trends, this indicator has you covered.
Indicatore Pine Script®
di starseedmaster1
2
Swing Anchored Vwap [BigBeluga]🔵 OVERVIEW Swing Anchored Vwap tracks the market’s directional behavior by anchoring VWAPs (Volume Weighted Average Price) to dynamically detected swing highs and lows. It visually distinguishes the active swing VWAP from historical ones—offering traders a clean view of trend-aligned value zones with clearly marked inflection points. 🔵 CONCEPTS Swing Anchored VWAPs: VWAPs are initiated from recent swing highs during downtrends and swing lows during uptrends. Trend Detection: The indicator identifies trend shifts based on the breaking of recent highest or lowest price value. Trend-Based Coloring:  • Green VWAPs: are drawn from swing lows in uptrends.  • Blue VWAPs: are drawn from swing highs in downtrends. Sensitivity Control: The Length input defines how far back the script looks to determine swing points—shorter lengths make it more reactive. 🔵 FEATURES Real-time VWAP projection from the current swing point, updated live. Historical VWAP traces with slightly faded color to emphasize the current active one. Swing markers automatically placed on highs/lows where VWAPs are anchored. Label with price value at the end of each active VWAP line for clarity. Adaptive color scheme that visually separates uptrend/downtrend zones. 🔵 HOW TO USE Use active VWAP as a dynamic support/resistance guide during ongoing trends. Observe breaks or rejections around these VWAPs for trend continuation or reversal clues . Compare current price position relative to swing VWAPs to assess trend maturity and extension . Combine with volume analysis or structure to increase conviction at swing points. 🔵 CONCLUSION Swing Anchored Vwap merges the logic of anchored VWAPs and swing structure into a responsive visual tool. It helps traders stay aligned with the current trend while offering historical context via previous value anchors—ideal for intraday to swing-level analysis.
Indicatore Pine Script®
di BigBeluga
45
Volume Spikes + Daily VWAP SD BandsVolume Spikes + Daily VWAP SD Bands This indicator combines volume spike detection to help traders identify potential absorption zones with daily VWAP and standard deviation bands , key price levels, continuation opportunities, and possible institutional bias. Features: Volume Spike Detection Highlights candles with unusually high volume relative to a configurable SMA. Optional filters: Local highs/lows only (Only Use Valid Highs & Lows) Candle shapes: Hammer / Shooter only Candle color match: bullish spikes on green, bearish on red Plots small circles above/below bars for bullish and bearish volume spikes. Alerts available for both bullish and bearish spikes. Interpretation: Volume spikes at local highs/lows can indicate absorption, where one side absorbs aggressive buying/selling pressure. Daily VWAP Calculates volume-weighted average price (VWAP) for the current day. Optionally shows previous day’s VWAP for reference. Plot lines are customizable with optional circles on lines for visual clarity. Labels on the last bar show exact VWAP values. Institutional Bias Insight: Price above both current and previous VWAPs may indicate bullish positioning; price below both VWAPs may indicate bearish positioning. Many professional traders consider this a clue to institutional bias, but it’s not guaranteed. Always confirm with volume, delta, or orderflow analysis. Standard Deviation Bands Optional x1 and x2 SD bands around the daily VWAP. Visual fill between bands shows price volatility zones. Can be used to identify potential support/resistance or absorption zones. Use Case: Price bounces off first SD band may indicate continuation signals, especially when volume spikes occur at those levels. Customizable Visuals Colors for bullish and bearish volume spikes VWAP and SD band colors and thickness Optional circles and filled bands for better readability Alerts Bullish / Bearish Volume Spikes Supports TradingView alert system for automated notifications Advanced Use Cases: Combine with Cumulative Delta or Orderflow tools to confirm true absorption zones. Identify high-volume rejection candles signaling possible trend continuation. Use VWAP positioning relative to price to assess potential institutional bias, keeping in mind it is probabilistic, not guaranteed. Visualize intraday VWAP levels and volatility with SD bands for better trade timing. Settings: Fully customizable, including volume multiplier, SMA length, session filter, candle shape, color options, and VWAP/SD display preferences.
Indicatore Pine Script®
di samb817
1
Session VWAPS [QuantVue]The Session VWAPS indicator is a designed for traders to enhance their trading analysis by incorporating Volume Weighted Average Price (VWAP) anchored to custom-defined trading sessions. This indicator automatically plots VWAPs at three critical points of a user defined session: 🔹session start 🔹session high 🔹session low Additionally, it provides the option to display the VWAPs from previous sessions, offering a look at potential areas of support and resistance. Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst. Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation. VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. Indicator Features: Custom Session Definition: Users can define their own trading sessions by specifying start and end times, allowing for tailored analysis according to individual trading strategies or market hours. Anchored VWAP at Three Key Points: 🔹Session Start VWAP: This VWAP is anchored at the start of the defined session. 🔹Session High VWAP: Anchored at the highest price point within the session. 🔹Session Low VWAP: Anchored at the lowest price point within the session. Previous Session VWAPs: The indicator can display VWAPs from the previous session, allowing traders to spot potential areas of support and resistance. Give this indicator a BOOST and COMMENT your thoughts below! We hope you enjoy. Cheers!
Indicatore Pine Script®
di QuantVue
5
Central Pivot Ranges (CPR) & 3 x VWAP & BarcolorsThis Script Combines daily, weekly and monthly VWAP (Volume Weighted Average Price) with a intraday, daily, weekly and monthly CPR (Central Pivot Range) - which is considered by some traders as the bread and butter of the market for a reason. A combination of Multiple CPRs and VWAPs from different timeframes can provide you with interesting confluences that can give you more confidence in performing your trades. CPR Features: - The option to look at current or developing CPRs. - A resolution selector for all 4 CPRs - Options to hide and show Tops, Bottoms and Pivots separately - Various Styling options - Alerts VWAP Features: - 3 x preset VWAPs set to daily, weekly and monthly - VWAP Lines from the daily O&C or H&L - Previous VWAP for S/R - Line Styling options General Features: - Barcolors by pivots crossed or daily, weekly and monthly VWAP. - Barcolors by daily VWAP additionally contain an O and C check instead of just taking the price above or below the VWAP into consideration.
Indicatore Pine Script®
di MartinWeb
20
Machine Learning: VWAP [YinYangAlgorithms]Machine Learning: VWAP aims to use Machine Learning to Identify the best location to Anchor the VWAP at. Rather than using a traditional fixed length or simply adjusting based on a Date / Time; by applying Machine Learning we may hope to identify crucial areas which make sense to reset the VWAP and start anew. VWAP’s may act similar to a Bollinger Band in the sense that they help to identify both Overbought and Oversold Price locations based on previous movements and help to identify how far the price may move within the current Trend. However, unlike Bollinger Bands, VWAPs have the ability to parabolically get quite spaced out and also reset. For this reason, the price may never actually go from the Lower to the Upper and vice versa (when very spaced out; when the Upper and Lower zones are narrow, it may bounce between the two). The reason for this is due to how the anchor location is calculated and in this specific Indicator, how it changes anchors based on price movement calculated within Machine Learning. This Indicator changes the anchor if the Low < Lowest Low of a length of X and likewise if the High > Highest High of a length of X. This logic is applied within a Machine Learning standpoint that likewise amplifies this Lookback Length by adding a Machine Learning Length to it and increasing the lookback length even further. Due to how the anchor for this VWAP changes, you may notice that the Basis Line (Orange) may act as a Trend Identifier. When the Price is above the basis line, it may represent a bullish trend; and likewise it may represent a bearish trend when below it. You may also notice what may happen is when the trend occurs, it may push all the way to the Upper or Lower levels of this VWAP. It may then proceed to move horizontally until the VWAP expands more and it may gain more movement; or it may correct back to the Basis Line. If it corrects back to the basis line, what may happen is it either uses the Basis Line as a Support and continues in its current direction, or it will change the VWAP anchor and start anew. Tutorial: If we zoom in on the most recent VWAP we can see how it expands. Expansion may be caused by time but generally it may be caused by price movement and volume. Exponential Price movement causes the VWAP to expand, even if there are corrections to it. However, please note Volume adds a large weighted factor to the calculation; hence Volume Weighted Average Price (VWAP). If you refer to the white circle in the example above; you’ll be able to see that the VWAP expanded even while the price was correcting to the Basis line. This happens due to exponential movement which holds high volume. If you look at the volume below the white circle, you’ll notice it was very large; however even though there was exponential price movement after the white circle, since the volume was low, the VWAP didn’t expand much more than it already had. There may be times where both Volume and Price movement isn’t significant enough to cause much of an expansion. During this time it may be considered to be in a state of consolidation. While looking at this example, you may also notice the color switch from red to green to red. The color of the VWAP is related to the movement of the Basis line (Orange middle line). When the current basis is > the basis of the previous bar the color of the VWAP is green, and when the current basis is < the basis of the previous bar, the color of the VWAP is red. The color may help you gauge the current directional movement the price is facing within the VWAP. You may have noticed there are signals within this Indicator. These signals are composed of Green and Red Triangles which represent potential Bullish and Bearish momentum changes. The Momentum changes happen when the Signal Type: The High/Low or Close (You pick in settings) Crosses one of the locations within the VWAP. Bullish Momentum change signals occur when : Signal Type crosses OVER the Basis Signal Type crosses OVER the lower level Bearish Momentum change signals occur when: Signal Type crosses UNDER the Basis Signal Type Crosses UNDER the upper level These signals may represent locations where momentum may occur in the direction of these signals. For these reasons there are also alerts available to be set up for them. If you refer to the two circles within the example above, you may see that when the close goes above the basis line, how it mat represents bullish momentum. Likewise if it corrects back to the basis and the basis acts as a support, it may continue its bullish momentum back to the upper levels again. However, if you refer to the red circle, you’ll see if the basis fails to act as a support, it may then start to correct all the way to the lower levels, or depending on how expanded the VWAP is, it may just reset its anchor due to such drastic movement. You also have the ability to disable Machine Learning by setting ‘Machine Learning Type’ to ‘None’. If this is done, it will go off whether you have it set to: Bullish Bearish Neutral For the type of VWAP you want to see. In this example above we have it set to ‘Bullish’. Non Machine Learning VWAP are still calculated using the same logic of if low < lowest low over length of X and if high > highest high over length of X. Non Machine Learning VWAP’s change much quicker but may also allow the price to correct from one side to the other without changing VWAP Anchor. They may be useful for breaking up a trend into smaller pieces after momentum may have changed. Above is an example of how the Non Machine Learning VWAP looks like when in Bearish. As you can see based on if it is Bullish or Bearish is how it favors the trend to be and may likewise dictate when it changes the Anchor. When set to neutral however, the Anchor may change quite quickly. This results in a still useful VWAP to help dictate possible zones that the price may move within, but they’re also much tighter zones that may not expand the same way. We will conclude this Tutorial here, hopefully this gives you some insight as to why and how Machine Learning VWAPs may be useful; as well as how to use them. Settings: VWAP: VWAP Type: Type of VWAP. You can favor specific direction changes or let it be Neutral where there is even weight to both. Please note, these do not apply to the Machine Learning VWAP. Source: VWAP Source. By default VWAP usually uses HLC3; however OHLC4 may help by providing more data. Lookback Length: The Length of this VWAP when it comes to seeing if the current High > Highest of this length; or if the current Low is < Lowest of this length. Standard VWAP Multiplier: This multiplier is applied only to the Standard VWMA. This is when 'Machine Learning Type' is set to 'None'. Machine Learning: Use Rational Quadratics: Rationalizing our source may be beneficial for usage within ML calculations. Signal Type: Bullish and Bearish Signals are when the price crosses over/under the basis, as well as the Upper and Lower levels. These may act as indicators to where price movement may occur. Machine Learning Type: Are we using a Simple ML Average, KNN Mean Average, KNN Exponential Average or None? KNN Distance Type: We need to check if distance is within the KNN Min/Max distance, which distance checks are we using. Machine Learning Length: How far back is our Machine Learning going to keep data for. k-Nearest Neighbour (KNN) Length: How many k-Nearest Neighbours will we account for? Fast ML Data Length: What is our Fast ML Length? This is used with our Slow Length to create our KNN Distance. Slow ML Data Length: What is our Slow ML Length? This is used with our Fast Length to create our KNN Distance. If you have any questions, comments, ideas or concerns please don't hesitate to contact us. HAPPY TRADING!
Indicatore Pine Script®
di YinYangAlgorithms
13
Advanced VWAP CalendarThe Advanced VWAP Calendar is a designed to plot Volume Weighted Average Price (VWAP) lines anchored to user-defined and preset time periods, including weekly, monthly, quarterly, and custom anchors. As of August 15, 2025, this indicator provides traders with a robust tool for analyzing price trends relative to volume-weighted averages, with clear labeling and extensive customization options. Below is a summary of its key features and functionality, with technical details and code references updated to focus on user-facing behavior and presentation, while preserving all other aspects of the original summary. Key Features Multiple Time Period VWAPs: Weekly VWAPs: Supports up to five VWAPs for a user-selected month and year, starting at midnight each Monday (e.g., W1 Aug 2025, W2 Aug 2025). Enabled via a single toggle, with anchors automatically set to the first Monday of the chosen month. Monthly VWAPs: Plots VWAPs for all 12 months of a selected year (e.g., Jan 2025, Feb 2025) or a single user-specified month/year. Labels use month abbreviations (e.g., "Aug 2025"). Quarterly VWAPs: Covers four quarters of a selected year (e.g., Q1 2025, Q2 2025), with options to enable all quarters or individual ones (Q1–Q4). Legacy VWAPs: Provides monthly and quarterly VWAPs for a user-selected legacy year (e.g., 2024), labeled with a "Legacy" prefix (e.g., "Legacy Jan 2024," "Legacy Q1 2024"), with similar enablement options. Custom VWAPs: Includes 10 fully customizable VWAPs, each with user-defined anchor times, labels (e.g., "Q1 2025"), colors, line widths (1–5), text colors, bubble styles, text sizes (8–40), and background options. Clear and Dynamic Labeling: Labels appear to the right of the chart, showing the VWAP value (e.g., "Q1 2025 123.45"). Weekly labels follow a "W# Month Year" format (e.g., "W1 Aug 2025"). Monthly labels use abbreviated months (e.g., "Aug 2025"), while quarterly labels use "Q# Year" (e.g., "Q3 2025"). Legacy labels include a "Legacy" prefix (e.g., "Legacy Q1 2024"). Labels support customizable text sizes (tiny to huge) and can be displayed with or without a background, with optional bubble styles. Flexible Customization: Each VWAP can be enabled or disabled independently, with user inputs for anchor times, labels, and visual properties. Colors are predefined for weekly (red, orange, blue, green, purple), monthly (varied), quarterly (red, blue, green, yellow), and legacy VWAPs, but custom VWAPs allow any color selection. Line widths and text sizes are adjustable, ensuring visual clarity and chart readability. This indicator was a dual effort, code was heavily contributed in effort by AzDxB, major credit and THANKS goes to him www.tradingview.com
Indicatore Pine Script®
di fragilety
Anchored VWAP (Auto High & Low)OVERVIEW This script plots, and auto-updates, 3 separate VWAPs: a traditional VWAP, a VWAP anchored to a trends high, and another anchored to a trends low. VWAP and Anchored VWAPs are commonly used by institutions responsible for the majority of market volume on a given day. Citadel Trading, for example, accounts for approximately 35% of all U.S. listed retail volume , largely executed through program trades over the course of a day, week, or month. Because VWAP is a prominent market maker tool for executing large trades, day traders can use it to better anticipate trends, mean reversion, and breakouts. This is most useful on charts with intraday time frames (1 minute, 5 minute etc.) commonly used for day trading. This is not ideal for larger time frames (1 hour or greater) commonly used for swing trading or identifying larger trends. INPUTS You can configure: The size, color, and visibility of 6 different plots (VWAP, High Anchor, Low Anchor, Average of Anchors, Quarter Values, Interim Bands) How smooth the average displays INSPIRATION 1. "How To Measure Anything" by Douglas W. Hubbard 2. "Maximum Trading Gains With Anchored VWAP" by Brian Shannon Better understanding probability and how to analyze risk (first book), as well as the tools market makers use (second book), has completely reframed how I approach day trading.
Indicatore Pine Script®
di liquid-trader
70
[MAD] Custom Session VWAP BandsOverview This indicator helps visualize the Volume Weighted Average Price (VWAP) and its associated standard deviation bands over specified time periods, providing traders with a clear understanding of price trends, volatility, and potential support/resistance levels. Inputs Deviation StDev mult 1: Multiplier for the first standard deviation band (Default: 1.0) StDev mult 2: Multiplier for the second standard deviation band (Default: 2.0) StDev mult 3: Multiplier for the third standard deviation band (Default: 3.0) StDev mult 4: Multiplier for the fourth standard deviation band (Default: 4.0) Line width: Width of the lines for the bands (Default: 2) Custom Vwap session reset settings Many different options are considered when a session is going to be reset. Plot and Fill Options Enable Fills: Enable/disable filling between bands. Plot +4: Enable/disable plotting the +4 standard deviation band. Plot +3: Enable/disable plotting the +3 standard deviation band. Plot +2: Enable/disable plotting the +2 standard deviation band. Plot +1: Enable/disable plotting the +1 standard deviation band. Plot VWAP: Enable/disable plotting the VWAP line. Plot -1: Enable/disable plotting the -1 standard deviation band. Plot -2: Enable/disable plotting the -2 standard deviation band. Plot -3: Enable/disable plotting the -3 standard deviation band. Plot -4: Enable/disable plotting the -4 standard deviation band. How to Use the Indicator Adding the Indicator Add the indicator to your chart through your trading platform's indicator menu. Configuring the VWAP Reset Specify reset intervals based on time, days of the week, or specific dates. Adjust the time zone if necessary. Customizing Standard Deviation Bands Set the multipliers for the standard deviation bands. Choose line width for better visualization. Enabling Plots and Fills Select which bands to display. Enable or disable fills between the bands. Practical Application of VWAP Bands Understanding VWAP VWAP is a trading benchmark that calculates the average price a security has traded at throughout the day based on volume and price. It is primarily used for intraday trading but can also offer insights during end-of-day reviews. Using VWAP for Trading Intraday Trading Entry and Exit Points: VWAP can help identify optimal buy and sell points. Buy when the price is above VWAP and sell when it's below. Support and Resistance: VWAP often acts as a dynamic support/resistance level. Prices tend to revert to VWAP, making it a crucial level for intraday traders. Trend Confirmation Uptrends and Downtrends: In an uptrend, the price will generally stay above VWAP. Conversely, in a downtrend, it will stay below. Use this to confirm market direction. Combining with Other Indicators Moving Averages and Bollinger Bands: Combining VWAP with these indicators can provide a more robust trading signal, confirming trends and potential reversals. Setting Stop-Loss and Profit Targets Conservative Stop Orders: Place stop orders at recent lows for pullback trades. Profit Targets: Use daily highs or Fibonacci extension levels to set profit targets. Strategies for Using VWAP Pullback Strategy Buy during pullbacks to VWAP in an uptrend, and sell during rallies to VWAP in a downtrend. Breakout Strategy Look for breakouts above/below VWAP after the market open to capitalize on new trends. Momentum Trading Use VWAP to confirm the strength of a trend. Buy when the price is consistently above VWAP and sell when it's consistently below. Institutional Strategies Institutional traders use VWAP to execute large orders without causing significant market impact, ensuring trades are made around the average price. By incorporating these strategies, traders can better understand market dynamics, make informed trading decisions, and manage their risk effectively. Some setup possibilities
Indicatore Pine Script®
di djmad
2
Rolling VWAP Channel [LuxAlgo]The Rolling VWAP Channel indicator creates a channel by analyzing a large number of Volume Weighted Average Prices (VWAPs) and determining a Channel based on percentile linear interpolation throughout the VWAPs. 🔶 USAGE In this indicator, we have formed a Channel by first calculating multiple VWAPs, each with their respective anchor, then locating prices using "Percentile Linear Interpolation". Note: Percentile Linear Interpolation locates the price point at which a specified percentage of VWAPs fall below it. For example, a percentile of 50% would mean that 50% of the VWAP values fall below this price. This method of analysis is important since the VWAPs are not often evenly distributed; therefore, we are able to draw importance to different levels by analyzing in percentiles. When visualized, there is typically clustering of the VWAP values, which occurs at any given time, as seen below. The channel can be tailored to each individual, with full control of each percentile represented in the channel. That being said, a general concept is that these clustered areas are clear results of sideways price action, which would lead us to believe that after interactions at these levels, we should expect to see a directional decision made by the market closely after. 🔶 DETAILS The Rolling VWAP calculation calculates a user-specified number of VWAPs (up to 500), each anchored to a unique starting point in the chart based on the start of a new timeframe. Each new timeframe that occurs causes a new VWAP to initialize. When the total number of desired VWAPs is reached, the oldest VWAP is removed and re-initialized, anchored to the current bar. Hence, the name " Rolling " VWAPs This method allows us to automatically generate and manage large amounts of VWAPs without the need for user interaction. After we have generated these VWAPs, we are able to run analyses on their returned values, such as the "Percentile Linear Interpolation" mentioned in the section above. 🔶 SETTINGS Anchor Period: Choose which time period to use as the anchor point to initialize new VWAPs from. VWAP Source: Choose the source for your VWAPs to calculate. VWAP Amount: Sets the number of VWAPs to use. After this amount is on the chart, the oldest will be rolled. 🔹 Channel Lines Toggle: Enable the associated VWAP Channel percentile line. Percentile: Adjust each line's percentile independently for your needs. Width: Adjust the width of the associated percentile line. 🔹 Calculation Calculated Bars: Tells the indicator how many bars to calculate on, for faster calculations with less history, use a lower value. Setting this to 0 will remove the bar constraint.
Indicatore Pine Script®
di LuxAlgo
6
[GarufiCommunity] Multi Indicator: VWAPs, MA, Pivot PointsThis script provides a collection of indicators to help traders look at multiple trends while maintaining a consistent configuration, even when jumping around different timeframes and symbols. Additionally, this collection is particularly useful when trading decisions involve looking at dozens of indicators and analyzing, in aggregate, their confluence. With this collection of indicators you can configure anchored VWAPs, MA, and Pivot Points: - Anchored VWAPs: For each you define a fixed time and date to anchor it in the graph, and it stays consistent even when you change the symbol. An example use case can be setting one of the VWAPs to always start on the first candle on January 1st 2021, and a second VWAP a decade prior, so you don’t need to keep manually adjusting/adding VWAPs to the graph. At the moment you can define up to 4 anchored VWAPs. - MA and Pivot Points: For each you can set independent timeframes, periods, and types, while using a single configuration panel. This helps reduce the amount of clicking needed when trying different configurations, such as testing different MA and Pivot periods and comparing how each behave in the graph (this personally helps me build trust in indicators). Permits use of up to 3 MAs and 2 Pivot Points. Lastly, this script leverages and reuses modified code from the sources below: - Médias e Tempos-v.2.1 by VeraLucia (with permission); - Multiple Anchored VWAP v1.0 by GuilhermeNogueira (with permission); - Pivot Point by TradingView.
Indicatore Pine Script®
di rafael.ulhoa
3
Frozen 4H VWAP – Precision AnchoredFrozen 4H VWAP – Precision Anchored Like Ice The Frozen 4H VWAP – Precision Anchored delivers a clean, stable, and reliable view of the 4-hour Volume Weighted Average Price, designed for traders who want higher timeframe insights without intrabar noise or repainting. 🔹 Key Features: Non-Repainting: VWAP value is “frozen” at the close of each 4H candle — no mid-bar updates or flickering. 4H Timeframe Anchoring: Seamlessly pulls 4-hour VWAP values into any timeframe you’re trading on. Clear Trend Reference: Updates only when a new 4H candle begins, acting as a trustworthy anchor for support/resistance. Custom Source Option: Choose from different price sources (default: HLC3) to fit your strategy. Whether you're scalping, day trading, or swing trading, this indicator gives you a powerful edge by grounding your decisions in higher timeframe VWAP data — clear, calm, and frozen in time.
Indicatore Pine Script®
di Equanimity_raven
Institutional Session VWAP Bands (Zeiierman)█ Overview Institutional Session VWAP Bands (Zeiierman) plots a clean, session-aware VWAP that restarts at the “True Close” (end of the first trading hour) for each session you enable (Sydney, Tokyo, London, New York). From that anchor, the script computes a classic volume-weighted average price plus optional standard-deviation bands to frame session fair value and dispersion. By aligning VWAP to when institutional flows settle (the first hour), you get a reference that matches real execution behavior, yielding more credible pullbacks, retests, and mean-reversion reads inside each session. █ How It Works ⚪ Session Detection You choose the sessions (on/off), their UTC-aligned time windows, and colors. The script detects when each session is active on your chart timeframe. ⚪ True-Close Anchoring At session open the indicator waits. When the first hour completes, it flips the anchor on and starts a fresh VWAP for that session, mirroring how many desks treat the first hour as the real close for the prior day’s positioning. ⚪ VWAP Core From the true-close anchor, VWAP is calculated in the standard way: cumulative (price × volume) / cumulative volume using your chosen price source (default hlc3). ⚪ VWAP Bands (σ) Upper/Lower bands are built using a running standard deviation of the price source since the anchor. You control the σ multiplier and line width, and you can optionally fill between the bands. █ Why Sessions + True-Close Anchoring ⚪ Institutional Timing Matters A new anchor at the first-hour close reflects where real flows have settled, giving you a session fair-value line that aligns with how many funds evaluate prices intraday. ⚪ Cleaner Session Reads Because VWAP and σ-bands restart each session, your retests, squeezes, and mean-reversion signals are based on today’s order-flow context, not yesterday’s inertia. Result: a session-true fair-value with dispersion bands that stay close to the action, improving the quality of pullback entries and risk framing. █ How to Use ⚪ Session Fair-Value Guide Treat VWAP as the magnet for intraday value. Impulsive moves away from VWAP that fold back often present retest opportunities. ⚪ σ-Band Reversion & Breaks Reversion: Tests beyond the upper/lower band that snap back inside can flag exhaustion. Trend: Price riding the VWAP band in a strong trend ⚪ Session Handoffs When one session hands to the next, watch how price behaves around the new session’s VWAP Bands after its anchor triggers. Continuation through the new VWAP vs. rejection often sets the tone. █ Settings UTC: Choose the timezone used to evaluate session windows (e.g., UTC+2). Sessions (Sydney, Tokyo, London, New York): Toggle visibility and define each HHMM-HHMM window. VWAP Price: Source for weighting. Band Multiplier (σ): Standard deviation multiplier. █ Related publications True Close – Institutional Trading Sessions (Zeiierman) ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Indicatore Pine Script®
di Zeiierman
13
Anchored VWAP Pinch & Handoff, Intervals, and Signals"Anchored VWAP Pinch & Handoff, Intervals, and Signals" is an AVWAP toolbox for those who like to use various VWAP trading techniques. The indicator is currently comprised of the following three sections: • The Pinch & Handoff section (shown above on chart) allows manually setting an upper and lower AVWAP (Pinch) along with an additional AVWAP (Handoff) by entering dates or by dragging the vertical anchor lines to the desired significant events on chart. Each of these three AVWAPs can also be set to show zones above and/or below by a percentage or standard deviation amount. The theory behind this method is that the upper and lower AVWAPs may act as dynamic support and resistance levels, effectively creating a price range or channel. As price moves between these two VWAP levels, it becomes squeezed or consolidated within that range. Further conjecture is that the longer the price remains within the range of the two anchored VWAP values, the higher the potential for an explosive breakout. Traders using this strategy may interpret the prolonged consolidation as a period of price compression, with the expectation that a significant move in either direction is likely to occur. Traders employing the AVWAP Pinch strategy might look for specific chart patterns or additional confirmation signals to enter a trade. For example, a breakout above the upper anchored VWAP level could trigger a long trade, while a breakdown below the lower anchored VWAP level could signal a short trade. Stop-loss orders and profit targets are typically set based on the trader's risk tolerance and the volatility of the asset. The third AVWAP (Handoff) is typically set after price has broken through the Pinch, and is used as a new level of support or resistance. The "Pinch & Handoff" phrase is believed to have been coined by Brian Shannon, who has popularized this method. • The Intervals section (shown above on chart) is comprised of six periodic AVWAPs which cyclically reset. Their default settings are 1 Day, 2 Days, 1 Week, 1 Month, 1 Quarter, and 1 Year. They each may be set to desired period and when they are enabled the VWAPs whose periods are lower than the current chart timeframe are automatically hidden. For example a 1 Day AVWAP is not useful on a 1 Week chart so it would be hidden from that timeframe. When using AVWAPs from higher timeframes it may be helpful to set your chart to "Scale price chart only". This can be enabled by right clicking on your chart's price column and then left clicking "Scale price chart only" to enable that option. • The Auto section (shown above on chart) is comprised of two automatic Anchored VWAPs. There are choices for setting anchors automatically based upon Highest Source, Highest Volume, Lowest Source, Lowest Volume, Pivot High, and Pivot Low. Because these two VWAPs work retroactively they are drawn with lines instead of plots. There is currently a limitation of 500 lines that may be drawn at any given time and the logic within this indicator uses a line for every bar of VWAP that is drawn, so if the combined length of both of these VWAPs exceeds 500 bars the earliest lines would disappear. For typical use of looking for the highest high in the last 50 bars or the last fractal this limitation should not be an issue. --- All of the plots have been titled including hidden plots that are generated for the AVWAP line drawings. All of the various types of AVWAP within the indicator should be available as choices within the Alert creation dialog if use of alerts is desired. --- NOTICE: This is an example script and not meant to be used as an actual strategy. By using this script or any portion thereof, you acknowledge that you have read and understood that this is for research purposes only and I am not responsible for any financial losses you may incur by using this script!
Indicatore Pine Script®
di allanster
42
Dynamic Swing Anchored VWAP (Zeiierman)█ Overview Dynamic Swing Anchored VWAP (Zeiierman) is a price–volume tool that anchors VWAP at fresh swing highs/lows and then adapts its responsiveness as conditions change. Instead of one static VWAP that drifts away over time, this indicator re-anchors at meaningful structure points (swings). It computes a decayed, volume-weighted average that can speed up in volatile markets and slow down during quiet periods. Blending swing structure with an adaptive VWAP engine creates a fair-value path that stays aligned with current price behavior, making retests, pullbacks, and mean reversion opportunities easier to spot and trade. █ How It Works ⚪ Swing Anchor Engine The script scans for swing highs/lows using your Swing Period. When market direction flips (new pivot confirmed), the indicator anchors a new VWAP at that pivot and starts tracking from there. ⚪ Adaptive VWAP Core From each anchor , VWAP is computed using a decay model (recent price×volume matters more; older data matters less). Adaptive Price Tracking lets you set the base responsiveness in “bars.” Lower = more reactive, higher = smoother. Volatility Adjustment (ATR vs Avg ATR) can automatically speed up the VWAP during spikes and slow it during compression, so the line stays relevant to live conditions. █ Why This Adaptive Approach Beats a Simple VWAP Standard VWAP is cumulative from the anchor point. As time passes and volume accumulates, it often drifts far from current price, especially in prolonged trends or multi-session moves. That drift makes retests rare and unreliable. Dynamic Swing Anchored VWAP solves this in two ways: ⚪ Event-Driven Anchoring (Swings): By restarting at fresh swing highs/lows, the VWAP reference reflects today’s structure. You get frequent, meaningful retests because the anchor stays near the action. ⚪ Adaptive Responsiveness (Volatility-Aware): Markets don’t move at one speed. When volatility expands, a fixed VWAP lags; when volatility contracts, it can overreact to noise. Here, the “tracking speed” can auto-adjust using ATR vs its average. High Volatility → faster tracking: VWAP hugs price more tightly, preserving retest relevance. Low Volatility → smoother tracking: VWAP filters chop and stays stable. Result: A VWAP that follows price more accurately, creating plenty of credible retest opportunities and more trustworthy mean-reversion/continuation reads than a simple, ever-growing VWAP. █ How to Use ⚪ S wing-Aware Fair Value Use the VWAP as a dynamic fair-value guide that restarts at key structural pivots. Pullbacks to the VWAP after impulsive moves often provide retest entries. ⚪ Trend Trading In trends, the adaptive VWAP will ride closer to price, offering continuation pullbacks. █ Settings Swing Period: Number of bars to confirm swing highs/lows. Larger = bigger, cleaner pivots (slower); smaller = more frequent pivots (noisier). Adaptive Price Tracking: Sets the base reaction speed (in bars). Lower = faster, tighter to price; higher = smoother, slower. Adapt APT by ATR ratio: When ON, the tracking speed auto-adjusts with market volatility (ATR vs its own average). High vol → faster; low vol → calmer. Volatility Bias: Controls how strongly volatility affects the speed. >1 = stronger effect; <1 = lighter touch. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Indicatore Pine Script®
di Zeiierman
63
RTH Levels: VWAP + PDH/PDL + ONH/ONL + IBAlgo Index — Levels Pro (ONH/ONL • PDH/PDL • VWAP±Bands • IB • Gaps) Purpose. A session-aware, non-repainting levels tool for intraday decision-making. Designed for futures and indices, with clean visuals, alerts, and a one-click Minimal Mode for screenshot-ready charts. What it plots • PDH/PDL (RTH-only) – Prior Regular Trading Hours high/low, computed intraday and frozen at the RTH close (no 24h mix-ups, no repainting). • ONH/ONL – Prior Overnight high/low, held throughout RTH. • RTH VWAP with ±σ bands – Volume-weighted variance, reset each RTH. • Initial Balance (IB) – First N minutes of RTH, plus 1.5× / 2.0× extensions after IB completes. • Today’s RTH Open & Prior RTH Close – With gap detection and “gap filled” alert. • Killzone shading – NY Open (09:30–10:30 ET) and Lunch (11:15–13:30 ET). • Values panel (top-right) – Each level with live distance in points & ticks. • Right-edge level tags – With anti-overlap (stagger + vertical jitter). • Price-scale tags – Native trackprice markers that always “stick” to the axis. ⸻ New in v6.4 • Minimal Mode: one click for a clean look (thinner lines, VWAP bands/IB extensions hidden, on-chart right-edge labels off; price-scale tags remain). • Theme presets: Dark Hi-Contrast / Light Minimal / Futures Classic / Muted Dark. • Anti-overlap controls: horizontal staggering, vertical jitter, and baseline offset to keep tags readable even when levels cluster. ⸻ Quick start (2 minutes) 1. Add to chart → keep defaults. 2. Sessions (ET): • RTH Session default: 09:30–16:00 (US equities cash hours). • Overnight Session default: 18:00–09:29. Adjust for your market if you use different “day” hours (e.g., many use 08:20–13:30 ET for COMEX Gold). 3. Theme & Minimal Mode: pick a Theme Preset; enable Minimal Mode for screenshots. 4. Visibility: toggle PD/ON/VWAP/IB/References/Panel to taste. 5. Right-edge labels: turn Show Right-Edge Labels on. If they crowd, tune: • Anti-overlap: min separation (ticks) • Horizontal offset per tag (bars) • Vertical jitter per step (ticks) • Right-edge baseline offset (bars) 6. Alerts: open Add alert → Condition: and pick the events you want. ⸻ How levels are computed (no repainting) • PDH/PDL: Intraday H/L are accumulated only while in RTH and saved at RTH close for “yesterday’s” values. • ONH/ONL: Accumulated across the defined Overnight window and then held during RTH. • RTH VWAP & ±σ: Volume-weighted mean and standard deviation, reset at the RTH open. • IB: First N minutes of RTH (default 60). Extensions (1.5×/2.0×) appear after IB completes. • Gaps: Today’s RTH open vs prior RTH close; “Gap Filled” triggers when price trades back to prior close. ⸻ Practical playbooks (how to trade around the levels) 1) PDH/PDL interactions • Rejection: Price taps PDH/PDL then closes back inside → mean-reversion toward VWAP/IB. • Acceptance: Close/hold beyond PDH/PDL with momentum → continuation to next HTF/IB target. • Alert: PD Touch/Break. 2) ONH/ONL “taken” • Often one ON extreme is taken during RTH. ONH Taken / ONL Taken → check if it’s a clean break or sweep & reclaim. • Sweep + reclaim near VWAP can fuel rotations through the ON range. 3) VWAP ±σ framework • Balanced: First tag of ±1σ often reverts toward VWAP. • Trend: Persistent trade beyond ±1σ + IB break → target ±2σ/±3σ. • Alerts: VWAP Cross and VWAP Reject (cross then immediate fail back). 4) IB breaks • After IB completes, a clean IB break commonly targets 1.5× and sometimes 2.0×. • Quick return inside IB = possible fade back to the opposite IB edge/VWAP. • Alerts: IB Break Up / Down. 5) Gaps • Gap-and-go: Opening drive away from prior close + VWAP support → trend until IB completion. • Gap-fill: Weak open and VWAP overhead/underfoot → trade toward prior close; manage on Gap Filled alert. Pro tip: Stack confluences (e.g., ONL sweep + VWAP reclaim + IB hold) and respect your execution rules (e.g., require a 5-minute close in direction, or your order-flow confirmation). ⸻ Inputs you’ll actually touch • Sessions (ET): Session Timezone, RTH Session, Overnight Session. • Visibility: toggles for PD/ON/VWAP/IB/Ref/Panel. • VWAP bands: set σ multipliers (±1/±2/±3). • IB: duration (minutes) and extension multipliers (1.5× / 2.0×). • Style & Theme: Theme Preset, Main Line Width, Trackprice, Minimal Mode, and anti-overlap controls. ⸻ Alerts included • PD Touch/Break — High ≥ PDH or Low ≤ PDL • ONH Taken / ONL Taken — First in-RTH take of ONH/ONL • VWAP Cross — Close crosses VWAP • VWAP Reject — Cross then immediate fail back • IB Break Up / Down — Break of IB High/Low after IB completes • Gap Filled — Price trades back to prior RTH close Setup: Add alert → Condition: Algo Index — Levels Pro → choose event → message → Notify on app/email. ⸻ Panel guide The top-right panel shows each level plus live distance from last price: LevelValue (Δpoints | Δticks) Coloring: green if level is below current price, red if above. ⸻ Styling & screenshot tips • Use Theme Preset that matches your chart. • For dark charts, “Dark Hi-Contrast” with Main Line Width = 3 works well. • Enable Trackprice for crisp axis tags that always stick to the right edge. • Turn on Minimal Mode for cleaner screenshots (no VWAP bands or IB extensions, on-chart tags off; price-scale tags remain). • If tags crowd, increase min separation (ticks) to 30–60 and horizontal offset to 3–5; add vertical jitter (4–12 ticks) and/or push tags farther right with baseline offset (bars). ⸻ Behavior & limitations • Levels are computed incrementally; tables refresh on the last bar for efficiency. • Right-edge labels are placed at bar_index + offset and do not track extra right-margin scrolling (TradingView limitation). The price-scale tags (from trackprice) do track the axis. • “RTH” is what you define in inputs. If your market uses different day hours, change the session strings so PDH/PDL reflect your definition of “yesterday’s session.” ⸻ FAQ Q: My PDH/PDL don’t match the daily chart. A: By design this uses RTH-only highs/lows, not 24h daily bars. Adjust sessions if you want a different definition. Q: Right-edge tags overlap or don’t sit at the far right. A: Increase min separation / horizontal offset / vertical jitter and/or push tags farther with baseline offset. If you want markers that always hug the axis, rely on Trackprice. Q: Can I change killzones? A: Yes—edit the session strings in settings or request a version with user inputs for custom windows. ⸻ Disclaimer Educational use only. This is not financial advice. Always apply your own risk management and confirmation rules. ⸻ Enjoy it? Please ⭐ the script and share screenshots using Minimal Mode + a Theme Preset that fits your style.
Indicatore Pine Script®
di MyAlgoIndex
29
Long-Term VWAP Mean Reversion SDCACore Idea: This indicator is designed to support Strategic Dollar Cost Averaging (SDCA) for Bitcoin using a cumulative VWAP-based mean reversion model. It helps long-term investors identify high-conviction buy zones and overbought conditions using statistical deviation from the cumulative VWAP. This indicator evaluates how much price is stretched from the true market average price, weighted by cumulative volume over time. Core Concepts and Formulas: Cumulative VWAP (Volume Weighted Average Price): VWAP cumulative = ∑(Price×Volume) / ∑Volume A long-term anchor that reflects the average dollar cost of all market participants across all candles. This version does not reset daily, unlike intraday VWAP. VWAP Deviation % : Deviation% = Price - VWAP cumulative / VWAP cumulative x 100 Shows how far current price has diverged from the long-term fair value. Z-Score of VWAP Deviation: Z= (Price−VWAP)−μ / σ (lookback period: default 200) SDCA Multiplier Mapping: *Keep in mind in my Z-Score system, -2 represents the overbought level (white horizontal line) and +2 represents oversold (cyan horizontal line) conditions. So the scores on the Y axis and Z-score in the table are reversed. | Z-Score Range | SDCA Multiplier | --------------------------------------------- | ≤ -2 | 0.25× | -1 to +1 | 1.0× | > +2 | 2.0× The pink line plots this multiplier. It’s meant to control buy weight at each time step. How to Use This for SDCA: -Buy normally when the multiplier is 1.0× (Z-score between -1 and +1) -Accelerate buying when Z-score is deeply negative (price far below VWAP) -Slow or pause buying when Z-score is high (price far above VWAP) -Use the stats panel to track current Z-score, VWAP level, deviation %, and multiplier -Watch the red/blue backgrounds as visual confirmation of oversold/overbought zones Inputs: Z-Score Lookback Length: Default: 200 but can be adjusted. Visuals: Z-Score Line (cyan): shows current standardized deviation from VWAP Multiplier Line (bright pink): your SDCA intensity signal Background Zones: cyan = oversold, white = overbought Horizontal Lines: +2 and -2 standard deviation thresholds Stats Panel (bottom right): live values for Z-score, multiplier, price, VWAP, and the deviation formula Suited For: -Long-term Bitcoin investors -SDCA Systems -Mean reversion systems -Macro-level buy/sell planning
Indicatore Pine Script®
di mrlonglaner
1
HYE Mean Reversion VWAP [Strategy]An RSI filtered version of PJ Sutherland's Jaws Mean Reversion algorithm using volume weighted average price (VWAP) instead of simple moving average (SMA). "Long" on the close when; 1-) 2 period VWAP closes 3% or more below the 5 period VWAP , 2-) 5 period exponential average of the 2 period RSI is below 30. "Exit Long" on the close when; 1-) 2 period VWAP closes above the 5 period VWAP. "Short" on the close when; 1-) 2 period VWAP closes 3% or more above the 5 period VWAP , 2-) 5 period exponential average of the 2 period RSI is above 70. "Exit Short" on the close when; 1-) 2 period VWAP closes below the 5 period VWAP. *** You can change the needed percentage for long and short trades, periods of VWAPs and RSI levels. *** You can select the trend direction: "Long Only" , "Short Only" or "Both". Default is "Long Only". I used the "VWAP with period" indicator code of @neolao. Special thanks to @neolao. Indicator Link:
Strategia Pine Script®
di HYE0619
Consolidation VWAP's [QuantVue]Introducing the Consolidation VWAP's Indicator , a powerful tool designed to identify consolidation periods in stock advance and automatically anchor three distinct VWAPs to key points within the consolidation. Consolidation Period Identification: The indicator automatically detects periods of consolidation or areas on the chart where a stock's price moves sideways within a defined range. This period can be seen as the market taking a "breather" as it digests the previous gains. Consolidations are important because they often act as a base for the next move, either continuing the previous uptrend or reversing direction. Consolidation requirements can be customized by the user to match your instrument and timeframe. Maximum Consolidation Depth Minimum Consolidation Length Maximum Consolidation Length Prior Uptrend Amount Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst. Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation. VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. VWAP Anchored to Consolidation High: This VWAP is anchored at the highest price point within the identified consolidation period. It helps traders understand the average price paid by buyers who entered at the peak of the consolidation. VWAP Anchored to Consolidation Low: This VWAP is anchored at the lowest price point within the consolidation. It provides insights into the average price paid by buyers who entered at the lowest point of the consolidation. VWAP Anchored to Highest Volume in the Consolidation: This VWAP is anchored at the price level with the highest trading volume during the consolidation. It reflects the average price at which the most trading activity occurred, often indicating a key support or resistance level. The indicator also allows the trader to see past consolidation areas and previous anchored VWAP's. Give this indicator a BOOST and COMMENT your thoughts! We hope you enjoy. Cheers!
Indicatore Pine Script®
di QuantVue
2