PROTECTED SOURCE SCRIPT

Customizable MTF POC (VWAP Approx)

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🔍 Multi-Timeframe VWAP POC Zones

This script displays volume-weighted average price (VWAP) levels from multiple timeframes on a single chart. Each VWAP level acts as a potential dynamic support or resistance zone, depending on the price action.

✅ Customizable timeframes included:
1m, 5m, 15m, 1h, 2h, 4h, 1D, 2D, 1W, 1M

📌 Key Features:
– VWAP lines per timeframe with adjustable visibility
– Color-coded for clarity
– Useful for identifying high-confluence support/resistance zones

📈 Usage Tip:
Combine this indicator with price action or liquidity zones for more accurate entries. Confluent VWAP zones across multiple timeframes often signal strong reaction areas.

⚠️ Note: This script uses VWAP as an approximation for Point of Control (POC). It does not rely on true volume profile histograms due to Pine Script limitations. For full volume profile analysis, use TradingView’s built-in “Fixed Range Volume Profile” tool.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.