The Multi-Day Rolling VWAP indicator for intraday timeframes allows you to track the Volume Weighted Average Price (VWAP) over multiple days, specifically for 1-day, 2-day, 3-day, 4-day, and 5-day periods. This indicator beyond the standard daily VWAP provides a broader perspective on price trends and market sentiment.
Features:
- Multi-day VWAPs: Analyze VWAP over several days to observe longer-term price movements. - Customizable display: Choose which VWAP periods to display on the chart - Colorize: Choose different colors for each VWAP to easily distinguish between periods. - Adjustable settings: Change the line thickness and select the price source for VWAP calculations. - Works with Replay Mode - Works in any intraday timeframe on any asset with volume and price
Benefits:
- Trend identification: Compare current prices with multi-day rolling VWAPs to spot trends. - Spot reversals: Look for potential price reversals or support when prices cross VWAP lines.