VWAP & MVWAP Cross [Dr.K.C.Prakash]

The indicator "VWAP & MVWAP Cross [Dr.K.C.Prakash] (20)" is a custom-built Pine Script-based trading tool designed for precision intraday trading, especially useful in fast-moving markets like options or indices on the 1-minute or 5-minute timeframes.

🔍 Core Concept
This indicator uses two key components:

VWAP (Volume Weighted Average Price)

VWAP is a dynamic intraday average that reflects the average price weighted by volume.

It resets every trading day, providing real-time insight into institutional trading levels.

MVWAP (Moving VWAP or Multi-session VWAP)

MVWAP typically refers to a smoothed or multi-timeframe version of VWAP.

It reduces noise and captures more sustained directional trends, often calculated using a moving average over the VWAP values.

⚙️ Technical Mechanics
Buy Signal: Triggered when the VWAP crosses above the MVWAP, indicating bullish strength and potential upward momentum.

Sell Signal: Triggered when the VWAP crosses below the MVWAP, suggesting bearish momentum.

Each crossover is treated as a significant shift in price behavior, often confirming the start of a short-term trend.

📈 Features
🔵 Buy and 🔴 Sell Signals: Clear visual markers are placed directly on the chart.

📊 Real-Time Labels: "BUY" or "SELL" labels appear at cross-points.

🧭 Noise Filtering: Short, false reversals are filtered out using logic that prioritizes long, stable trends (based on your previous customization preferences).

🕐 1-Minute Optimization: This version is particularly calibrated for 1-minute timeframe, useful for scalping or option buying.

✅ Use Cases
Scalping strategies

Index or Option intraday trading

Detecting institutional entry/exit zones

Momentum confirmation alongside price action or ATR levels

📌 Customizations by Dr.K.C.Prakash
Emphasis on long-trend clarity, removing short noise.

Adjusted smoothing on MVWAP for more reliable entries.

Built with visual clarity and minimal lag for professional-grade decision-making.