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W-VWAP

Institutional Footprint + RSIPurpose Detect early signs of institutional activity (accumulation, distribution, shakeouts) using price and volume behavior, combined with RSI for confirmation. How It Works Footprint Score (0–100): Above 70 → Possible accumulation Below 30 → Possible distribution Around 50 → Neutral Shakeout signals: False breakdowns followed by strong recoveries RSI Line: Plotted for confirmation Why It Matters Catches smart money moves before price reacts. Helps identify stealth accumulation or quiet exits not visible in price alone. Features Institutional Footprint + RSI Shakeout markers Visual zones Usage Tips Combine with RSI, VWAP, or support/resistance. For example: if Footprint shows accumulation and RSI is low, this may signal a high-probability buy setup Best on 1H, 4H, or Daily timeframes Not a standalone entry/exit signal
Pine Script® göstergesi
CLARIX_WEALTH tarafından
RSI WMA VWMA Divergence Indicator// This Pine Script® code is subject to the terms of the Mozilla Public License 2.0 at mozilla.org // © Kenndjk //@version=6 indicator(title="RSI WMA VWMA Divergence Indicator", shorttitle="Kenndjk", format=format.price, precision=2) oscType = input.string("RSI", "Oscillator Type", options = , group="General Settings") // RSI Settings rsiGroup = "RSI Settings" rsiLengthInput = input.int(14, minval=1, title="RSI Length", group=rsiGroup) rsiSourceInput = input.source(close, "Source", group=rsiGroup) // WMA VWMA wmaLength = input.int(9, "WMA Length", minval=1, group="WMA Settings") vwmaLength = input.int(3, "VWMA Length", minval=1, group="WMA Settings") wma = ta.wma(close, wmaLength) vwma = ta.vwma(close, vwmaLength) useVWMA = input.bool(true, "Use VWMA for Divergence (when WMA + VWMA mode)", group="WMA Settings") // Oscillator selection rsi = ta.rsi(rsiSourceInput, rsiLengthInput) // Calculate RSI always, but use conditionally osc = oscType == "RSI" ? rsi : useVWMA ? vwma : wma // RSI plots (conditional) isRSI = oscType == "RSI" rsiPlot = plot(isRSI ? rsi : na, "RSI", color=isRSI ? #7E57C2 : na) rsiUpperBand = hline(isRSI ? 70 : na, "RSI Upper Band", color=isRSI ? #787B86 : na) midline = hline(isRSI ? 50 : na, "RSI Middle Band", color=isRSI ? color.new(#787B86, 50) : na) rsiLowerBand = hline(isRSI ? 30 : na, "RSI Lower Band", color=isRSI ? #787B86 : na) fill(rsiUpperBand, rsiLowerBand, color=isRSI ? color.rgb(126, 87, 194, 90) : na, title="RSI Background Fill") midLinePlot = plot(isRSI ? 50 : na, color = na, editable = false, display = display.none) fill(rsiPlot, midLinePlot, 100, 70, top_color = isRSI ? color.new(color.green, 0) : na, bottom_color = isRSI ? color.new(color.green, 100) : na, title = "Overbought Gradient Fill") fill(rsiPlot, midLinePlot, 30, 0, top_color = isRSI ? color.new(color.red, 100) : na, bottom_color = isRSI ? color.new(color.red, 0) : na, title = "Oversold Gradient Fill") // WMA VWMA plots wmaColor = oscType != "RSI" ? (useVWMA ? color.new(color.blue, 70) : color.blue) : na wmaWidth = useVWMA ? 1 : 2 vwmaColor = oscType != "RSI" ? (useVWMA ? color.orange : color.new(color.orange, 70)) : na vwmaWidth = useVWMA ? 2 : 1 plot(oscType != "RSI" ? wma : na, "WMA", color=wmaColor, linewidth=wmaWidth) plot(oscType != "RSI" ? vwma : na, "VWMA", color=vwmaColor, linewidth=vwmaWidth) // Smoothing MA inputs (only for RSI) GRP = "Smoothing (RSI only)" TT_BB = "Only applies when 'Show Bollinger Bands' is selected. Determines the distance between the SMA and the bands." maLengthSMA = input.int(14, "SMA Length", minval=1, group=GRP, display=display.data_window) maLengthEMA = input.int(14, "EMA Length", minval=1, group=GRP, display=display.data_window) maLengthRMA = input.int(14, "SMMA (RMA) Length", minval=1, group=GRP, display=display.data_window) maLengthWMA = input.int(14, "WMA Length", minval=1, group=GRP, display=display.data_window) maLengthVWMA = input.int(14, "VWMA Length", minval=1, group=GRP, display=display.data_window) bbMultInput = input.float(2.0, "BB StdDev", minval=0.001, maxval=50, step=0.5, tooltip=TT_BB, group=GRP, display=display.data_window) showSMA = input.bool(false, "Show SMA", group=GRP) showEMA = input.bool(false, "Show EMA", group=GRP) showRMA = input.bool(false, "Show SMMA (RMA)", group=GRP) showWMAsmooth = input.bool(false, "Show WMA", group=GRP) showVWMAsmooth = input.bool(false, "Show VWMA", group=GRP) showBB = input.bool(false, "Show SMA + Bollinger Bands", group=GRP, tooltip=TT_BB) // Smoothing MA Calculations sma_val = (showSMA or showBB) and isRSI ? ta.sma(rsi, maLengthSMA) : na ema_val = showEMA and isRSI ? ta.ema(rsi, maLengthEMA) : na rma_val = showRMA and isRSI ? ta.rma(rsi, maLengthRMA) : na wma_val = showWMAsmooth and isRSI ? ta.wma(rsi, maLengthWMA) : na vwma_val = showVWMAsmooth and isRSI ? ta.vwma(rsi, maLengthVWMA) : na smoothingStDev = showBB and isRSI ? ta.stdev(rsi, maLengthSMA) * bbMultInput : na // Smoothing MA plots plot(sma_val, "RSI-based SMA", color=(showSMA or showBB) ? color.yellow : na, display=(showSMA or showBB) ? display.all : display.none, editable=(showSMA or showBB)) plot(ema_val, "RSI-based EMA", color=showEMA ? color.purple : na, display=showEMA ? display.all : display.none, editable=showEMA) plot(rma_val, "RSI-based RMA", color=showRMA ? color.red : na, display=showRMA ? display.all : display.none, editable=showRMA) plot(wma_val, "RSI-based WMA", color=showWMAsmooth ? color.blue : na, display=showWMAsmooth ? display.all : display.none, editable=showWMAsmooth) plot(vwma_val, "RSI-based VWMA", color=showVWMAsmooth ? color.orange : na, display=showVWMAsmooth ? display.all : display.none, editable=showVWMAsmooth) bbUpperBand = plot(showBB ? sma_val + smoothingStDev : na, title="Upper Bollinger Band", color=showBB ? color.green : na, display=showBB ? display.all : display.none, editable=showBB) bbLowerBand = plot(showBB ? sma_val - smoothingStDev : na, title="Lower Bollinger Band", color=showBB ? color.green : na, display=showBB ? display.all : display.none, editable=showBB) fill(bbUpperBand, bbLowerBand, color=showBB ? color.new(color.green, 90) : na, title="Bollinger Bands Background Fill", display=showBB ? display.all : display.none, editable=showBB) // Divergence Settings divGroup = "Divergence Settings" calculateDivergence = input.bool(true, title="Calculate Divergence", group=divGroup, tooltip = "Calculating divergences is needed in order for divergence alerts to fire.") lookbackLeft = input.int(5, "Pivot Lookback Left", minval=1, group=divGroup) lookbackRight = input.int(5, "Pivot Lookback Right", minval=1, group=divGroup) rangeLower = input.int(5, "Min Range for Divergence", minval=0, group=divGroup) rangeUpper = input.int(60, "Max Range for Divergence", minval=1, group=divGroup) showHidden = input.bool(true, "Show Hidden Divergences", group=divGroup) bearColor = color.red bullColor = color.green textColor = color.white noneColor = color.new(color.white, 100) _inRange(cond) => bars = ta.barssince(cond) rangeLower <= bars and bars <= rangeUpper bool plFound = false bool phFound = false bool bullCond = false bool bearCond = false bool hiddenBullCond = false bool hiddenBearCond = false float oscLBR = na float lowLBR = na float highLBR = na float prevPlOsc = na float prevPlLow = na float prevPhOsc = na float prevPhHigh = na if calculateDivergence plFound := not na(ta.pivotlow(osc, lookbackLeft, lookbackRight)) phFound := not na(ta.pivothigh(osc, lookbackLeft, lookbackRight)) oscLBR := osc lowLBR := low highLBR := high prevPlOsc := ta.valuewhen(plFound, oscLBR, 1) prevPlLow := ta.valuewhen(plFound, lowLBR, 1) prevPhOsc := ta.valuewhen(phFound, oscLBR, 1) prevPhHigh := ta.valuewhen(phFound, highLBR, 1) // Regular Bullish oscHL = oscLBR > prevPlOsc and _inRange(plFound ) priceLL = lowLBR < prevPlLow bullCond := priceLL and oscHL and plFound // Regular Bearish oscLL = oscLBR < prevPhOsc and _inRange(phFound ) priceHH = highLBR > prevPhHigh bearCond := priceHH and oscLL and phFound // Hidden Bullish oscLL_hidden = oscLBR < prevPlOsc and _inRange(plFound ) priceHL = lowLBR > prevPlLow hiddenBullCond := priceHL and oscLL_hidden and plFound and showHidden // Hidden Bearish oscHH_hidden = oscLBR > prevPhOsc and _inRange(phFound ) priceLH = highLBR < prevPhHigh hiddenBearCond := priceLH and oscHH_hidden and phFound and showHidden // Plot divergences (lines and labels on pane) if bullCond leftBar = ta.valuewhen(plFound, bar_index , 1) line.new(leftBar, prevPlOsc, bar_index , oscLBR, xloc=xloc.bar_index, color=bullColor, width=2) label.new(bar_index , oscLBR, "R Bull", style=label.style_label_up, color=noneColor, textcolor=textColor) if bearCond leftBar = ta.valuewhen(phFound, bar_index , 1) line.new(leftBar, prevPhOsc, bar_index , oscLBR, xloc=xloc.bar_index, color=bearColor, width=2) label.new(bar_index , oscLBR, "R Bear", style=label.style_label_down, color=noneColor, textcolor=textColor) if hiddenBullCond leftBar = ta.valuewhen(plFound, bar_index , 1) line.new(leftBar, prevPlOsc, bar_index , oscLBR, xloc=xloc.bar_index, color=bullColor, width=2, style=line.style_dashed) label.new(bar_index , oscLBR, "H Bull", style=label.style_label_up, color=noneColor, textcolor=textColor) if hiddenBearCond leftBar = ta.valuewhen(phFound, bar_index , 1) line.new(leftBar, prevPhOsc, bar_index , oscLBR, xloc=xloc.bar_index, color=bearColor, width=2, style=line.style_dashed) label.new(bar_index , oscLBR, "H Bear", style=label.style_label_down, color=noneColor, textcolor=textColor) // Alert conditions alertcondition(bullCond, title="Regular Bullish Divergence", message="Found a new Regular Bullish Divergence, Pivot Lookback Right number of bars to the left of the current bar.") alertcondition(bearCond, title="Regular Bearish Divergence", message="Found a new Regular Bearish Divergence, Pivot Lookback Right number of bars to the left of the current bar.") alertcondition(hiddenBullCond, title="Hidden Bullish Divergence", message="Found a new Hidden Bullish Divergence, Pivot Lookback Right number of bars to the left of the current bar.") alertcondition(hiddenBearCond, title="Hidden Bearish Divergence", message="Found a new Hidden Bearish Divergence, Pivot Lookback Right number of bars to the left of the current bar.")
Pine Script® göstergesi
Kenndjk tarafından
DI/ADX Trend Strategy | (1-Min Scalping)Strategy Overview This is an experimental 1-minute trend-following strategy combining DI+/DI-, ADX, RSI, MACD, VWAP, and EMA filters with a time-based exit. It aims to catch strong directional moves while strictly managing risk. Indicator Components • DI+/DI- + ADX – Trend direction + strength filter • RSI (14) – Momentum confirmation (RSI > 55 or < 45) • MACD Histogram – Detects directional momentum shifts • Candle Body % Filter – Screens for strong commitment candles • EMA 600 / 2400 – Long-term trend alignment • Weekly VWAP – Entry only when price is above/below VWAP • Trade Limit – Max 2 trades per direction per VWAP cycle • Time-Based Stop – 0.50% SL, 3.75% TP, 12h (720 bars) time stop Entry Logic Long Entry: • DI+ crosses above DI− • RSI > 55 • MACD histogram > 0 • Strong bullish candle • Price > VWAP • EMA600 > EMA2400 • Within 25 bars of EMA crossover • Max 2 long trades before VWAP resets Short Entry: • DI+ crosses below DI− • RSI < 45 • MACD histogram < 0 • Strong bearish candle • Price < VWAP • EMA2400 > EMA600 • Within 25 bars of EMA crossover • Max 2 short trades before VWAP resets Exit Logic • Stop Loss: 0.50% • Take Profit: 3.75% (7.5R) • Time Stop: 720 bars (~12 hours on 1m chart) • Each trade exits independently Testing Parameters • Initial Capital: $10,000 • Commission: 0.10% • Timeframe: 1-minute • Tested on: BTCUSDT, ETHUSDT • Pyramiding: Up to 5 positions allowed • VWAP resets trade counter to reduce overtrading Alerts • Buy / Sell signal • Trade Opened / Closed • SL/TP triggered ⚠️ Notes • Early-stage strategy — entry count varies by trend conditions • Shared for educational use and community feedback • Please forward-test before using live • Open-source — contributions and suggestions welcome! Disclaimer This strategy is for educational purposes only and should not be considered financial advice. Past performance does not guarantee future results. Always validate independently before trading live.
Pine Script® stratejisi
bnzraguilar tarafından
Adaptive VWAP📌 Adaptive VWAP (AVWAP) — Volatility-Responsive Volume Weighted Average Price Overview: The Adaptive VWAP (AVWAP) is an enhanced and intelligent version of the traditional Volume Weighted Average Price (VWAP). Unlike standard VWAPs that reset at the start of each trading session, this script recalculates dynamically based on real-time market volatility, making it suitable for any timeframe and any asset class. This tool is ideal for trend-followers, mean-reversion traders, and volatility-sensitive strategies, providing a smarter way to track average price and spot key support/resistance zones. 🔍 Key Features: 📈 Adaptive Lookback Length Automatically adjusts the VWAP calculation length based on ATR-based market volatility. When volatility increases, the length shortens for faster responsiveness; when volatility contracts, the length expands to smooth out noise. 📊 Standard Deviation Bands (Optional) Upper and lower bands are calculated based on volume-weighted variance, providing dynamic support and resistance zones. These help identify overbought/oversold levels or volatility breakouts. 🧠 Smoothing Factor A user-defined smoothing option reduces sensitivity to short-term spikes in volatility, ensuring cleaner signals. 🧾 Real-Time Info Table Displays key stats including the current adaptive length, volatility ratio, and VWAP value to help traders interpret how the indicator is adjusting to market conditions. ⚙️ How It Works (Technical Summary): Volatility Measurement: Uses ATR (Average True Range) over a user-defined period to detect recent market volatility. Adaptive Length Calculation: Compares the current ATR to its moving average to compute a volatility ratio. This ratio dynamically scales the VWAP length between length_min and length_max. Smoothing: The adaptive length is then smoothed using a simple moving average for stability. AVWAP Calculation: The VWAP is calculated using cumulative typical price × volume, divided by total volume over the adaptive window. Deviation Bands: Volume-weighted standard deviation is used to draw bands above and below the AVWAP, similar to Bollinger Bands, but adjusted for volume and volatility. 🧠 Why Use AVWAP? Unlike fixed-length VWAPs or session-bound versions, AVWAP adapts intelligently to changing market conditions. It behaves conservatively in stable markets and becomes more reactive in volatile environments — all without manual intervention. This makes it highly useful for: ✅ Tracking fair value on any timeframe ✅ Identifying dynamic support and resistance ✅ Spotting volatility shifts early ✅ Confirming trend continuation or potential reversals 🛠️ Customizable Inputs: length_min / length_max — Range of adaptive lookback periods volatility_period — ATR period used to measure volatility smoothing — Smoothing for adaptive length deviation_multiplier — Controls the width of the upper/lower bands show_bands — Toggle to enable or disable deviation bands color options — Customize VWAP and band colors 📌 Usage Notes: This script does not reset daily — it continuously adapts to market structure. Works well with stocks, crypto, forex, commodities, and indices. Best used with price action confirmation, support/resistance zones, or momentum indicators for entries/exits. Can be applied in scalping, swing trading, or long-term charting setups. This indicator is designed to work on any timeframe and any market — from stocks and indices to forex and crypto. To get the best results: Timeframe Usage: Works well on 5-min, 15-min, 1H, and daily charts. On lower timeframes, try reducing the length_min and volatility_period for faster adaptation. On higher timeframes (daily/weekly), consider increasing smoothing for a cleaner trend. Trading Ideas: Use AVWAP as a dynamic support/resistance line. Look for price bounces or breaks. The deviation bands can be used like Bollinger Bands: Upper band: potential resistance or overbought area. Lower band: potential support or oversold area. During sideways markets, price often oscillates around AVWAP — great for mean reversion. During trending markets, AVWAP can act as a pullback entry zone. Customization Tips: Use color settings to match your chart theme. Toggle bands off if you prefer a cleaner chart. The info table at the top-right corner helps track how AVWAP is reacting to volatility — great for analysis. Combining with Other Tools: Works well with momentum indicators like RSI or MACD. You can add traditional VWAP or moving averages for comparison. Try combining with price action tools for best entries/exits. ⚠️ This is a visual tool — not a signal generator. Always validate with confirmation from your broader strategy. ✅ Credits & Disclaimer: This script was developed to provide traders with a more context-aware version of VWAP by combining price, volume, and volatility into a unified framework. While this indicator can aid decision-making, it should be used alongside proper risk management and trading discipline.
Pine Script® göstergesi
Devjames tarafından
Smart MTF S/R Levels[BullByte] Smart MTF S/R Levels Introduction & Motivation Support and Resistance (S/R) levels are the backbone of technical analysis. However, most traders face two major challenges: Manual S/R Marking: Drawing S/R levels by hand is time-consuming, subjective, and often inconsistent. Multi-Timeframe Blind Spots: Key S/R levels from higher or lower timeframes are often missed, leading to surprise reversals or missed opportunities. Smart MTF S/R Levels was created to solve these problems. It is a fully automated, multi-timeframe, multi-method S/R detection and visualization tool, designed to give traders a complete, objective, and actionable view of the market’s most important price zones. What Makes This Indicator Unique? Multi-Timeframe Analysis: Simultaneously analyzes up to three user-selected timeframes, ensuring you never miss a critical S/R level from any timeframe. Multi-Method Confluence: Integrates several respected S/R detection methods—Swings, Pivots, Fibonacci, Order Blocks, and Volume Profile—into a single, unified system. Zone Clustering: Automatically merges nearby levels into “zones” to reduce clutter and highlight areas of true market consensus. Confluence Scoring: Each zone is scored by the number of methods and timeframes in agreement, helping you instantly spot the most significant S/R areas. Reaction Counting: Tracks how many times price has recently interacted with each zone, providing a real-world measure of its importance. Customizable Dashboard: A real-time, on-chart table summarizes all key S/R zones, their origins, confluence, and proximity to price. Smart Alerts: Get notified when price approaches high-confluence zones, so you never miss a critical trading opportunity. Why Should a Trader Use This? Objectivity: Removes subjectivity from S/R analysis by using algorithmic detection and clustering. Efficiency: Saves hours of manual charting and reduces analysis fatigue. Comprehensiveness: Ensures you are always aware of the most relevant S/R zones, regardless of your trading timeframe. Actionability: The dashboard and alerts make it easy to act on the most important levels, improving trade timing and risk management. Adaptability: Works for all asset classes (stocks, forex, crypto, futures) and all trading styles (scalping, swing, position). The Gap This Indicator Fills Most S/R indicators focus on a single method or timeframe, leading to incomplete analysis. Manual S/R marking is error-prone and inconsistent. This indicator fills the gap by: Automating S/R detection across multiple timeframes and methods Objectively scoring and ranking zones by confluence and reaction Presenting all this information in a clear, actionable dashboard How Does It Work? (Technical Logic) 1. Level Detection For each selected timeframe, the script detects S/R levels using: SW (Swing High/Low): Recent price pivots where reversals occurred. Pivot: Classic floor trader pivots (P, S1, R1). Fib (Fibonacci): Key retracement levels (0.236, 0.382, 0.5, 0.618, 0.786) over the last 50 bars. Bull OB / Bear OB: Institutional price zones based on bullish/bearish engulfing patterns. VWAP / POC: Volume Weighted Average Price and Point of Control over the last 50 bars. 2. Level Clustering Levels within a user-defined % distance are merged into a single “zone.” Each zone records which methods and timeframes contributed to it. 3. Confluence & Reaction Scoring Confluence: The number of unique methods/timeframes in agreement for a zone. Reactions: The number of times price has touched or reversed at the zone in the recent past (user-defined lookback). 4. Filtering & Sorting Only zones within a user-defined % of the current price are shown (to focus on actionable areas). Zones can be sorted by confluence, reaction count, or proximity to price. 5. Visualization Zones: Shaded boxes on the chart (green for support, red for resistance, blue for mixed). Lines: Mark the exact level of each zone. Labels: Show level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios. Dashboard Table: Lists all nearby zones with full details. 6. Alerts Optional alerts trigger when price approaches a zone with confluence above a user-set threshold. Inputs & Customization (Explained for All Users) Show Timeframe 1/2/3: Enable/disable analysis for each timeframe (e.g., 15m, 30m, 1h). Show Swings/Pivots/Fibonacci/Order Blocks/Volume Profile: Select which S/R methods to include. Show levels within X% of price: Only display zones near the current price (default: 3%). How many swing highs/lows to show: Number of recent swings to include (default: 3). Cluster levels within X%: Merge levels close together into a single zone (default: 0.25%). Show Top N Zones: Limit the number of zones displayed (default: 8). Bars to check for reactions: How far back to count price reactions (default: 100). Sort Zones By: Choose how to rank zones in the dashboard (Confluence, Reactions, Distance). Alert if Confluence >=: Set the minimum confluence score for alerts (default: 3). Zone Box Width/Line Length/Label Offset: Control the appearance of zones and labels. Dashboard Size/Location: Customize the dashboard table. How to Read the Output Shaded Boxes: Represent S/R zones. The color indicates type (green = support, red = resistance, blue = mixed). Lines: Mark the precise level of each zone. Labels: Show the level, methods by timeframe (e.g., 15m (3 SW), 30m (1 VWAP)), and (if applicable) Fibonacci ratios. Dashboard Table: Columns include: Level: Price of the zone Methods (by TF): Which S/R methods and how many, per timeframe (see abbreviation key below) Type: Support, Resistance, or Mixed Confl.: Confluence score (higher = more significant) React.: Number of recent price reactions Dist %: Distance from current price (in %) Abbreviations Used SW = Swing High/Low (recent price pivots where reversals occurred) Fib = Fibonacci Level (key retracement levels such as 0.236, 0.382, 0.5, 0.618, 0.786) VWAP = Volume Weighted Average Price (price level weighted by volume) POC = Point of Control (price level with the highest traded volume) Bull OB = Bullish Order Block (institutional support zone from bullish price action) Bear OB = Bearish Order Block (institutional resistance zone from bearish price action) Pivot = Pivot Point (classic floor trader pivots: P, S1, R1) These abbreviations appear in the dashboard and chart labels for clarity. Example: How to Read the Dashboard and Labels (from the chart above) Suppose you are trading BTCUSDT on a 15-minute chart. The dashboard at the top right shows several S/R zones, each with a breakdown of which timeframes and methods contributed to their detection: Resistance zone at 119257.11: The dashboard shows: 5m (1 SW), 15m (2 SW), 1h (3 SW) This means the level 119257.11 was identified as a resistance zone by one swing high (SW) on the 5-minute timeframe, two swing highs on the 15-minute timeframe, and three swing highs on the 1-hour timeframe. The confluence score is 6 (total number of method/timeframe hits), and there has been 1 recent price reaction at this level. This suggests 119257.11 is a strong resistance zone, confirmed by multiple swing highs across all selected timeframes. Mixed zone at 118767.97: The dashboard shows: 5m (2 SW), 15m (2 SW) This means the level 118767.97 was identified by two swing points on both the 5-minute and 15-minute timeframes. The confluence score is 4, and there have been 19 recent price reactions at this level, indicating it is a highly reactive zone. Support zone at 117411.35: The dashboard shows: 5m (2 SW), 1h (2 SW) This means the level 117411.35 was identified as a support zone by two swing lows on the 5-minute timeframe and two swing lows on the 1-hour timeframe. The confluence score is 4, and there have been 2 recent price reactions at this level. Mixed zone at 118291.45: The dashboard shows: 15m (1 SW, 1 VWAP), 5m (1 VWAP), 1h (1 VWAP) This means the level 118291.45 was identified by a swing and VWAP on the 15-minute timeframe, and by VWAP on both the 5-minute and 1-hour timeframes. The confluence score is 4, and there have been 12 recent price reactions at this level. Support zone at 117103.10: The dashboard shows: 15m (1 SW), 1h (1 SW) This means the level 117103.10 was identified by a single swing low on both the 15-minute and 1-hour timeframes. The confluence score is 2, and there have been no recent price reactions at this level. Resistance zone at 117899.33: The dashboard shows: 5m (1 SW) This means the level 117899.33 was identified by a single swing high on the 5-minute timeframe. The confluence score is 1, and there have been no recent price reactions at this level. How to use this: Zones with higher confluence (more methods and timeframes in agreement) and more recent reactions are generally more significant. For example, the resistance at 119257.11 is much stronger than the resistance at 117899.33, and the mixed zone at 118767.97 has shown the most recent price reactions, making it a key area to watch for potential reversals or breakouts. Tip: “SW” stands for Swing High/Low, and “VWAP” stands for Volume Weighted Average Price. The format 15m (2 SW) means two swing points were detected on the 15-minute timeframe. Best Practices & Recommendations Use with Other Tools: This indicator is most powerful when combined with your own price action analysis and risk management. Adjust Settings: Experiment with timeframes, clustering, and methods to suit your trading style and the asset’s volatility. Watch for High Confluence: Zones with higher confluence and more reactions are generally more significant. Limitations No Future Prediction: The indicator does not predict future price movement; it highlights areas where price is statistically more likely to react. Not a Standalone System: Should be used as part of a broader trading plan. Historical Data: Reaction counts are based on historical price action and may not always repeat. Disclaimer This indicator is a technical analysis tool and does not constitute financial advice or a recommendation to buy or sell any asset. Trading involves risk, and past performance is not indicative of future results. Always use proper risk management and consult a financial advisor if needed.
Pine Script® göstergesi
BullByte tarafından
8
Webull-style VWAPThis is a clean, simple VWAP (Volume Weighted Average Price) indicator designed to resemble the VWAP line displayed on the Webull trading platform. 🔷 Includes all trading sessions (regular and extended hours) when enabled on your chart. 🔷 Resets daily at the start of each session. 🔷 Does not include any bands or deviations — just the core VWAP line for clarity. 🔷 Plots directly on your price candles for easy reference. Perfect for intraday traders who rely on VWAP as a key dynamic support/resistance level and want a TradingView experience closer to Webull’s default implementation.
Pine Script® göstergesi
terence_walker23 tarafından
1
VWAP Volume Profile [BigBeluga]🔵 OVERVIEW VWAP Volume Profile is an advanced hybrid of the VWAP and volume profile concepts. It visualizes how volume accumulates relative to VWAP movement—separating rising (+VWAP) and declining (−VWAP) activity into two mirrored horizontal profiles. It highlights the dominant price bins (POCs) where volume peaked during each directional phase, helping traders spot hidden accumulation or distribution zones. 🔵 CONCEPTS VWAP-Driven Profiling: Unlike standard volume profiles, this tool segments volume based on VWAP movement—accumulating positive or negative volume depending on VWAP slope. Dual-Sided Profiles: Profiles expand horizontally to the right of price. Separate bins show rising (+) and falling (−) VWAP volume. Bin Logic: Volume is accumulated into defined horizontal bins based on VWAP’s position relative to price ranges. Gradient Coloring: Volume bars are colored with a dynamic gradient to emphasize intensity and direction. POC Highlighting: The highest-volume bin in each profile type (+/-) is marked with a transparent box and label. Contextual VWAP Line: VWAP is plotted and dynamically colored (green = rising, orange = falling) for instant trend context. Candle Overlay: Price candles are recolored to match the VWAP slope for full visual integration. 🔵 FEATURES Dual-sided horizontal volume profiles based on VWAP slope. Supports rising VWAP , falling VWAP , or both simultaneously. Customizable number of bins and lookback period. Dynamically colored VWAP line to show rising/falling bias. POC detection and labeling with volume values for +VWAP and −VWAP. Candlesticks are recolored to match VWAP bias for intuitive momentum tracking. Optional background boxes with customizable styling. Adaptive volume scaling to normalize bar length across markets. 🔵 HOW TO USE Use POC zones to identify high-volume consolidation areas and potential support/resistance levels. Watch for shifts in VWAP direction and observe how volume builds differently during uptrends and downtrends. Use the gradient profile shape to detect accumulation (widening volume below price) or distribution (above price). Use candle coloring for real-time confirmation of VWAP bias. Adjust the profile period or bin count to fit your trading style (e.g., intraday scalping or swing trading). 🔵 CONCLUSION VWAP Volume Profile merges two essential concepts—volume and VWAP—into a single, high-precision tool. By visualizing how volume behaves in relation to VWAP movement, it uncovers hidden dynamics often missed by traditional profiles. Perfect for intraday and swing traders who want a more nuanced read on market structure, trend strength, and volume flow.
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BigBeluga tarafından
12
KIORI - VWAP mit StdDev + 0,25 Bändern🎯 VWAP Enhanced - Professional Standard Deviation Bands with Precision Zones This advanced VWAP indicator provides comprehensive price movement analysis through multi-layered standard deviation bands with additional 0.25 precision zones. 🔥 Key Features: VWAP core line (blue) - Volume Weighted Average Price 3-tier standard deviation bands (1x, 2x, 3x) with individual color coding 0.25 precision zones around EVERY standard deviation line (above/below) Complete band filling for better visual orientation Flexible anchor periods (Session, Week, Month, Quarter, Year, Earnings, Dividends, Splits) 📊 Color Coding: 🔵 VWAP + 0.25 zones (Light Blue) 🟢 1x StdDev + 0.25 zones (Green/Light Green) 🟡 2x StdDev + 0.25 zones (Yellow/Light Yellow) 🔴 3x StdDev + 0.25 zones (Red/Light Red) ⚡ Trading Applications: Support/Resistance at standard deviation lines Precise entry/exit points through 0.25 zones Volatility measurement across multiple levels Mean-reversion strategies with clear target areas Breakout detection when exceeding outer bands 🎨 Optimized for: Day trading and scalping Swing trading strategies Volatility-based positioning Multi-timeframe analysis This indicator combines proven VWAP methodology with high-precision standard deviation zones, providing traders with a professional tool for precise market analysis and positioning
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trader_macxnet tarafından
1
VWAP with Prev. Session BandsVWAP with Prev. Session Bands is an advanced indicator based on TradingView’s original VWAP. It adds configurable standard deviation or percentage-based bands, both for the current and previous session. You can anchor the VWAP to various timeframes or events (like Sessions, Weeks, Months, Earnings, etc.) and selectively show up to three bands. The unique feature of this script is the ability to display the VWAP and bands from the previous session, helping traders visualize mean reversion levels or historical volatility ranges. Built on top of the official TradingView VWAP implementation, this version provides enhanced flexibility and visual clarity for intraday and swing traders alike.
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xOldSkoolz tarafından
Sniper Mini VWAPThis script plots dynamic, session-based VWAPs for key intraday timeframes: 1H (green), 4H (orange), 8H (purple), and Daily (red). Each VWAP resets at the start of its own session, giving traders a real-time view of price relative to average volume-weighted value. These lines often act as intraday support, resistance, or liquidity magnets — great for scalping, fade setups, and sniper-style entries. You can toggle each VWAP on or off for a cleaner chart. This version does not use anchored VWAPs — it’s designed for traders who need fast feedback as price develops within active sessions.
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RickyTSpanish tarafından
Anchored VWAPs: YTD, MTD, WTD, 2D, DailyTitle Anchored VWAPs: YTD, MTD, WTD, 2D, Daily Short Description Multi-timeframe anchored VWAP indicator displaying Year-to-Date, Month-to-Date, Week-to-Date, 2-Day, and Daily VWAPs that only plot from their respective anchor points. Full Description Overview This indicator provides five different anchored Volume Weighted Average Price (VWAP) calculations for multiple timeframes, designed to behave exactly like TradingView's native Anchored VWAP drawing tool. Each VWAP only plots from its respective anchor point forward, with no historical plotting on previous periods. Features Year-to-Date (YTD) AVWAP: Anchored from January 1st of the current year Month-to-Date (MTD) AVWAP: Anchored from the 1st day of the current month Week-to-Date (WTD) AVWAP: Anchored from the first day of the current week 2-Day AVWAP: Covers the last 2 business days (excludes weekends) Daily AVWAP: Anchored from the start of the current trading day Key Benefits ✅ True Anchoring: Each VWAP only appears from its anchor point - no historical plotting ✅ Current Period Focus: Shows only active/current periods, not historical ones ✅ Business Day Logic: 2-Day AVWAP intelligently handles weekends ✅ Customizable: Toggle each VWAP on/off and customize colors ✅ Visual Anchors: Optional markers show where each period begins Settings Display Controls: Individual toggles for each AVWAP Color Customization: Separate color settings for each line Line Width: Adjustable line thickness (1-5) Anchor Markers: Small triangles mark the start of each period Use Cases Intraday Trading: Use Daily and 2-Day AVWAPs for short-term support/resistance Swing Trading: MTD and WTD for medium-term trend analysis Position Trading: YTD for long-term trend assessment Multi-Timeframe Analysis: Compare price action across different time horizons How It Works The indicator uses timenow to determine the current date and only calculates VWAPs for the active periods. Each VWAP resets at its respective anchor point and accumulates volume-weighted price data from that point forward. Technical Notes Uses HLC3 (typical price) for VWAP calculations Business day logic for 2-Day AVWAP (Monday-Friday only) Automatic period detection without manual date input Optimized for real-time trading with current period focus Best Practices Use on liquid instruments with significant volume for accurate VWAP calculations Combine with other technical analysis tools for confirmation Monitor how price interacts with different timeframe VWAPs for trading opportunities Tags: VWAP, Anchored VWAP, Volume Analysis, Multi-Timeframe, Support Resistance, Intraday Trading Category: Volume This indicator is perfect for traders who want clean, professional anchored VWAPs without the clutter of historical periods, providing clear insight into current market structure across multiple timeframes.
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kumarhanu tarafından
1
Session VWAPsThis indicator plots volume-weighted average price (VWAP) lines for three major trading sessions: Tokyo, London, and New York. Each VWAP resets at the start of its session and tracks the average price weighted by volume during that window. You can choose the exact session times, turn individual sessions on or off, and optionally extend each VWAP line until the end of the trading day. It’s designed to give you a clear view of how price is behaving relative to session-specific value areas. This can help in identifying session overlaps, shifts in price control, or whether price is holding above or below a particular session’s average. The indicator supports futures-style day rollovers and works across markets.
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peakintent tarafından
day trading check indicatorDay Trading Check Indicator By Trades per Minute · Creator: Trader Malik Overview The Day Trading Check Indicator is an on‐chart status panel that gives you a quick “go/no-go” snapshot of four key metrics—MACD, VWAP, Float, and Bearish Sell-Off—directly in TradingView’s top-right corner. It’s designed for fast decision-making during high-velocity intraday sessions, letting you instantly see whether each metric is “bullish” (green) or “bearish” (red), plus live float data. What It Shows Column Description Metric The name of each metric: MACD, VWAP, Float, Bearish Sell-Off Status/Value A color-coded status (“GREEN”/“RED” or “YES”/“NO”) or the float value formatted in K/M/B Metrics & Calculations MACD (1-Minute) Calculation: Standard MACD using EMA (12) – EMA (26) with a 9-period signal line, all fetched from the 1-minute timeframe via request.security(). Status: GREEN if MACD ≥ Signal RED if MACD < Signal VWAP (Session-Anchored) Calculation: Built-in session VWAP (ta.vwap(close)) resets each new trading session. Status: GREEN if current price ≥ VWAP RED if current price < VWAP Float Calculation: Retrieves syminfo.shares_outstanding_float (total float), then scales it into thousands (K), millions (M), or billions (B), e.g. “12.3 M.” Display: Always shown as the absolute float value, white on semi-transparent black. Bearish Sell-Off Calculation: Checks the last five 1-minute bars for any “high-volume down” candle (volume above its 20-bar SMA and close < open). Status: YES if at least one such bar occurred in the past 5 minutes NO otherwise Key Features Dynamic Table: Automatically shows only the metrics you enable via the Display Options group. Size Selector: Choose Small, Medium, or Large text for easy visibility. Clean Styling: Distinct header row with custom background, consistent row shading, centered status text, and a subtle gray border. Lightweight Overlay: No cluttering plots—just a concise status panel in the corner. Published by Trader Malik / Trades per Minute Version: Pine Script v5
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malik_hameem tarafından
Bitcoin Institutional Volume AnchorsBitcoin Institutional Volume Anchors Indicator Overview: The Bitcoin Institutional Volume Anchors indicator is a professional-grade VWAP analysis tool designed for sophisticated Bitcoin trading strategies. It tracks two critical volume-weighted average price levels anchored to fundamental market structure events that drive Bitcoin's multi-year cycles. -Orange Line (Halving Anchor): Volume-weighted average price from April 19, 2024 halving event -Blue Line (Cycle Low Anchor): Volume-weighted average price from November 21, 2022 cycle bottom These anchors represent the average price institutional and professional traders have paid since Bitcoin's most significant supply-side catalyst (halving) and demand-side reset (cycle low). Market Interpretation Framework: Price Above Both Anchors - Institutional Bullish -Strong institutional accumulation confirmed -Majority of professional money profitable since key events -Optimal environment for long-term position building -Risk-on institutional sentiment Price Between Anchors - Transition Phase -Mixed institutional signals requiring careful analysis -Appropriate for reduced position sizing -Monitor for directional confirmation -Tactical rebalancing opportunity Price Below Both Anchors - Institutional Bearish -Professional money underperforming key levels -Heightened risk management protocols required -Defensive positioning appropriate -Await institutional re-accumulation signals Standard Deviation Band Analysis: Gray Bands (2σ): Statistical volatility boundaries -Represent normal price excursions from institutional fair value -Used for tactical profit-taking and position scaling -Indicate elevated but manageable risk levels Colored Bands (3σ): Extreme volatility boundaries -Orange/Blue bands corresponding to respective VWAP anchors -Represent statistically extreme price extensions -High-probability reversal or exhaustion zones -Critical risk management triggers Professional Trading Applications: Portfolio Allocation Framework Maximum Allocation (70-100%) -Price above both anchors with upward trending VWAPs -Recent bounce from either anchor level -Recovery to fair value after extreme extension Standard Allocation (40-70%) -Price above anchors but approaching 2σ bands -Consolidation near anchor levels -Confirmed institutional trend changes Reduced Allocation (20-40%) -Price at 2σ extension levels -Below one anchor but above the other -Conflicting VWAP trend signals Defensive Allocation (10-25%) -Price at 3σ extreme levels -Below both institutional anchors -Overextended risk conditions (>30-35% above anchors) Entry Signal Hierarchy: Tier 1 Signals (Highest Probability) -Bounce from Cycle Low Anchor during uptrend -Cross above both anchors with volume confirmation -Recovery to fair value after 20%+ extension Tier 2 Signals (Standard Probability) -Bounce from Halving Anchor during uptrend -Trend change confirmation in VWAP slope -2σ band rejection with momentum Tier 3 Signals (Lower Probability) -Entries near 2σ extension levels -Counter-trend plays against institutional flow -High-risk momentum trades at extremes Risk Management Protocol: Stop Loss Guidelines -Halving Anchor entries: 3% below anchor level -Cycle Low Anchor entries: 4% below anchor level -Extension trades: 2% below current level -Trend change trades: Below invalidation anchor Profit Taking Strategy -25-40% profits at 2σ bands -50-70% profits at 3σ bands -Trailing stops below higher timeframe anchor levels -Complete exits on institutional trend reversals Alert System Integration: The indicator provides institutional-grade alert notifications with: -Precise entry and exit levels -Position sizing recommendations -Historical win rate data -Risk/reward calculations -Stop loss and target guidelines -Timeframe expectations -Volume confirmation requirements Implementation Notes -Timeframe Suitability: Daily charts recommended for primary analysis -Asset Specificity: Optimized exclusively for Bitcoin spot markets -Volume Consideration: Higher volume enhances signal reliability -Market Context: Most effective during trending market conditions -Institutional Alignment: Designed for professional risk management standards -Key Performance Metrics Based on historical backtesting: -Overall Win Rate: 74% for primary signals -Risk Reduction: 31% drawdown improvement vs buy-and-hold -Signal Accuracy: 85% at extreme (3σ) levels -Optimal Timeframe: 1-12 week holding periods -Best Performance: April 2024 - January 2025 period This indicator is designed for professional traders and institutional investors who require sophisticated market analysis tools with quantified risk parameters and historically validated performance metrics.
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s3raphic333 tarafından
[Top] VWAP + RSI Divergence IndicatorThe “VWAP RSI Divergence Indicator” combines the Volume Weighted Average Price (VWAP), Relative Strength Index (RSI), divergence detection, and volume confirmation to identify high-probability trading opportunities. How It Works: The indicator integrates three powerful methodologies: 1. Volume Weighted Average Price (VWAP): VWAP calculates an average price weighted by volume, providing critical insights into the fair value of an asset within the trading session. Includes standard deviation bands (+1/-1 and +2/-2) around the VWAP, offering key levels of support, resistance, and price extremities. 2. Relative Strength Index (RSI): A momentum oscillator that measures the speed and change of recent price movements. RSI levels define overbought and oversold conditions, offering traders insight into potential reversal zones. 3. Divergence Detection: Identifies divergences between price action and RSI, signaling potential reversals or continuations. Detects both Regular Divergences (signifying potential reversals) and Hidden Divergences (indicating possible continuation of current trends). Core Features: Real-Time Divergence Detection: Automatically detects and clearly labels Regular and Hidden Divergences with included tooltips to help you identify trading opportunities. VWAP and Standard Deviation Bands: Visualizes important dynamic support/resistance levels on the chart. RSI-Based Heat Map: Offers intuitive heat map coloring between standard deviation bands, colored dynamically according to RSI levels and divergence activity. Optional Volume-Based Candle Coloring: Enhances visual insight by coloring candles according to volume relative to a moving average. Customizable Alerts: Provides alerts for divergences and standard deviation band breaches, enabling traders to act swiftly. What Makes It Unique: Integrated Divergence and VWAP Analysis: Unlike typical divergence indicators, this tool uniquely combines RSI divergence signals with VWAP analysis, enhancing signal reliability by considering both price momentum and volume-weighted price dynamics. Dynamic RSI Heat Map and Volume Coloring: Incorporates advanced visual customization through dynamic coloring based on RSI levels and divergences, as well as volume-based bar coloring, designed to allow you to understand detailed information at a glance. How to Use: Identify Divergences: Watch for divergence labels indicating potential reversals (Regular Divergence) or continuations (Hidden Divergence). Monitor VWAP Bands: Use VWAP bands as dynamic support/resistance levels, particularly observing price reactions at +1/-1 and +2/-2 standard deviation extremes. Volume Confirmation: Combine divergence signals with volume-colored bars to confirm strength or weakness behind potential moves. Leverage Alerts: Enable customizable alerts to stay promptly informed about key divergences and price extremes, ensuring timely decision-making.
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TopTradesUA tarafından
3
EVWAPThis indicator plots two Volume-Weighted Average Price (VWAP) lines anchored to earnings events: EVWAP (Earnings Day): Resets VWAP on the day of the earnings release. EVWAP (Post-Earnings Day): Resets VWAP on the first trading day after earnings. These earnings-based VWAPs help identify average price zones impacted by earnings, providing insight into post-earnings support/resistance and potential trend shifts. Works on all timeframes. Useful for traders analyzing price reactions around earnings reports.
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SelfUnmade tarafından
1
ARSI – (VWAP & ATR) 3QKRAKThe ARSI Long & Short – Dynamic Risk Sizing (VWAP & ATR) indicator combines three core components—an adjusted RSI oscillator (ARSI), Volume‐Weighted Average Price (VWAP), and Average True Range (ATR)—so that entry/exit signals and position sizing are always tailored to current market conditions. ARSI, plotted from 0 to 100 with clearly marked overbought and oversold zones, is the primary signal driver: when ARSI falls below the lower threshold it indicates an excessive sell‐off and flags a long opportunity, whereas a break above the upper threshold signals overextended gains and foreshadows a short. A midpoint line at 50 can serve as an early exit or reduction signal when crossed against your position. VWAP, showing the volume‐weighted average price over the chosen period, acts as a trend filter—long trades are only taken when price sits above VWAP, and shorts only when it’s below—ensuring each trade aligns with the prevailing market momentum. ATR measures current volatility and is used both to set safe stop‐loss levels and to dynamically size each position. In practice, this means positions automatically shrink in high‐volatility environments and grow in quieter markets, all while risking a fixed percentage of your capital. Everything appears on a single chart: the ARSI pane below the price window with its reference levels; VWAP overlaid on the price; and the ATR‐based stop‐loss distances graphically displayed. Traders thus get a comprehensive, at-a-glance view of entries, exits, trend confirmation, and exactly how large a position they can safely take. The indicator runs in real time, removing the need for manual parameter calculations and letting you focus on strategic decision-making.
Pine Script® stratejisi
L3QKRAK tarafından
Dynamic VWAP: Fair Value & Divergence SuiteDynamic VWAP: Fair Value & Divergence Suite Dynamic VWAP: Fair Value & Divergence Suite is a comprehensive tool for tracking contextual valuation, overextension, and potential reversal signals in trending markets. Unlike traditional VWAP that anchors to the start of a session or a fixed period, this indicator dynamically resets the VWAP anchor to the most recent swing low. This design allows you to monitor how far price has extended from the most recent significant low, helping identify zones of potential profit-taking or reversion. Deviation bands (standard deviations above the anchored VWAP) provide a clear visual framework to assess whether price is in a fair value zone (±1σ), moderately extended (+2σ), or in zones of extreme extension (+3σ to +5σ). The indicator also highlights contextual divergence signals, including slope deceleration, weak-volume retests, and deviation failures—giving you actionable confluence around potential reversal points. Because the anchor updates dynamically, this tool is particularly well suited for trend-following assets like BTC or stocks in sustained moves, where price rarely returns to deep negative deviation zones. For this reason, the indicator focuses on upside extension rather than symmetrical reversion to a long-term mean. 🎯 Key Features ✅ Dynamic Swing Low Anchoring Continuously re-anchors VWAP to the most recent swing low based on your chosen lookback period. Provides context for trend progression and overextension relative to structural lows. ✅ Standard Deviation Bands Plots up to +5σ deviation bands to visualize levels of overextension. Extended bands (+3σ to +5σ) can be toggled for simplicity. ✅ Conditional Zone Fills Colored background fills show when price is inside each valuation zone. Helps you immediately see if price is in fair value, moderately extended, or highly stretched territory. ✅ Divergence Detection VWAP Slope Divergence: Flags when price makes a higher high but VWAP slope decelerates. Low Volume Retest: Highlights weak re-tests of VWAP on low volume. Deviation Failure: Identifies when price reverts back inside +1σ after closing beyond +3σ. ✅ Volume Fallback If volume is unavailable, uses high-low range as a proxy. ✅ Highly Customizable Adjust lookbacks, show/hide extended bands, toggle fills, and enable or disable divergences. 🛠️ How to Use Identify Buy and Sell Zones Price in the fair value band (±1σ) suggests equilibrium. Reaching +2σ to +3σ signals increasing overextension and potential areas to take profits. +4σ to +5σ zones can be used to watch for exhaustion or mean-reversion setups. Monitor Divergence Signals Use slope divergence and deviation failures to look for confluence with overextension. Low volume retests can flag rallies lacking conviction. Adapt Swing Lookback 30–50 bars: Faster re-anchoring for swing trading. 75–100 bars: More stable anchors for longer-term trends. 🧭 Best Practices Combine the anchored VWAP with higher timeframe structure. Confirm signals with other tools (momentum, volume profiles, or trend filters). Use extended deviation zones as context, not as standalone signals. ⚠️ Disclaimer This script is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell any security or asset. Always do your own research and consult a qualified financial professional before making any trading decisions. Past performance does not guarantee future results.
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RWCS_LTD tarafından
Multi VWAP indicatorMulti VWAP – Advanced Volume-Weighted Average Price Tool The Multi VWAP indicator is a powerful tool for traders who use volume-based price analysis to find high-probability trade levels. It plots multiple VWAPs across different timeframes and key market anchors to give a deeper view of market structure and value. Features: Multi-Timeframe VWAPs: Displays VWAPs for the Year, Month, Week, and Day – giving you an instant overview of where price is trading relative to its volume-based average over time. Anchored VWAPs from Yearly High/Low: Automatically anchors VWAP to the Yearly High and Yearly Low – these levels often act as dynamic support and resistance, making them excellent reference points for both entries and exits. ATR Levels: Optional display of Average True Range (ATR) on Daily, 4-Hour, and Hourly timeframes – useful for volatility assessment and risk management. Volume × Price Analysis: Includes an option to show Volume × Price for the previous day, which is especially helpful when trading low-liquidity cryptocurrencies or small-cap stocks, where volume has a stronger influence on price. The Multi VWAP indicator is ideal for traders who want a layered, volume-driven perspective of the market. It helps identify key support and resistance levels, track market sentiment shifts, and improve timing across different trading styles.
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grzegorz.wodnicki tarafından
VWAP Deviation Channels with Probability (Lite)VWAP Deviation Channels with Probability (Lite) Version 1.2 Overview This indicator is a powerful tool for intraday traders, designed to identify high-probability areas of support and resistance. It plots the Volume-Weighted Average Price (VWAP) as a central "value" line and then draws statistically-based deviation channels around it. Its unique feature is a dynamic probability engine that analyzes thousands of historical price bars to calculate and display the real-time likelihood of the price touching each of these deviation levels. This provides a quantifiable edge for making trading decisions. Core Concepts Explained This indicator is built on three key concepts: The VWAP (Volume-Weighted Average Price): The dotted midline of the channels is the session VWAP. Unlike a Simple Moving Average (SMA) which only considers price, the VWAP incorporates volume into its calculation. This makes it a much more significant benchmark, as it represents the true average price where the most business has been transacted during the day. It's heavily used by institutional traders, which is why price often reacts strongly to it. Standard Deviation Channels: The channels above and below the VWAP are based on standard deviations. Standard deviation is a statistical measure of volatility. - Wide Bands: When the channels are wide, it signifies high volatility. - Narrow Bands: When the channels are tight and narrow, it signifies low volatility and consolidation (a "squeeze"). The Conditional Probability Engine: This is the heart of the indicator. For every deviation level, the script displays a percentage. This percentage answers a very specific question: "Based on thousands of previous bars, when the last candle had a certain momentum (bullish or bearish), what was the historical probability that the price would touch this specific level?" The probabilities are calculated separately depending on whether the previous candle was green (bullish) or red (bearish). This provides a nuanced, momentum-based edge. The level with the highest probability is highlighted, acting as a "price magnet." How to Use This Indicator Recommended Timeframes: This indicator is designed specifically for intraday trading. It works best on timeframes like the 1-minute, 5-minute, and 15-minute charts. It will not display correctly on daily or higher timeframes. Recommended Trading Strategy: Mean Reversion The primary strategy for this indicator is "Mean Reversion." The core idea is that as the price stretches to extreme levels far away from the VWAP (the "mean"), it is statistically more likely to "snap back" toward it. Here is a step-by-step guide to trading this setup: 1. Identify the Extreme: Wait for the price to push into one of the outer deviation bands (e.g., the -2, -3, or -4 bands for a buy setup, or the +2, +3, or +4 bands for a sell setup). 2. Look for the High-Probability Zone: Pay close attention to the highlighted probability label. This is the level that has historically acted as the strongest magnet for price. A touch of this level represents a high-probability area for a potential reversal. 3. Wait for Confirmation: Do not enter a trade just because the price has touched a band. Wait for a confirmation candle that shows momentum is shifting. - For a Buy: Look for a strong bullish candle (e.g., a green engulfing candle or a hammer/pin bar) to form at the lower bands. - For a Sell: Look for a strong bearish candle (e.g., a red engulfing candle or a shooting star) to form at the upper bands. Define Your Exit: - Take Profit: A logical primary target for a mean reversion trade is the VWAP (midLine). - Stop Loss: A logical place for a stop-loss is just outside the next deviation band. For example, if you enter a long trade at the -3 band, your stop loss could be placed just below the -4 band. Disclaimer: This indicator is a tool for analysis and should not be considered a standalone trading system. Trading involves significant risk, and past performance is not indicative of future results. Always use this indicator in conjunction with other forms of analysis and sound risk management practices.
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heliav8r tarafından