OPEN-SOURCE SCRIPT
VWAP with period (rajib127)
VWAP with Adjustable Period (rajib127)
This advanced VWAP (Volume Weighted Average Price) indicator offers enhanced functionality with customizable anchor periods and multiple standard deviation bands.
Key Features:
Adjustable Anchor Period: Unlike standard VWAP that resets daily, this indicator allows you to set custom anchor timeframes (Daily, Weekly, Monthly) to match your trading strategy
Multiple Deviation Bands: Display up to 3 sets of bands with customizable multipliers for better support/resistance identification
Dual Calculation Modes: Choose between Standard Deviation or Percentage-based band calculations
Flexible Price Sources: Select from 7 different price calculation methods (Typical, Close, High, Low, Median, Weighted, Open)
Timeframe Visibility Control: Option to hide VWAP on higher timeframes (Daily and above) for cleaner charts
Visual Enhancements: Color-coded bands with fill areas and real-time value display table
Trading Applications:
Identify dynamic support and resistance levels
Spot mean reversion opportunities when price deviates from bands
Use different anchor periods for swing trading vs day trading strategies
Combine with other indicators for confluence-based entries
Unique Advantage:
The ability to adjust the VWAP reset period makes this indicator versatile for various trading styles - from intraday scalping with hourly resets to swing trading with weekly anchors.
Perfect for traders who want more control over their VWAP analysis beyond the standard daily reset limitation.
This advanced VWAP (Volume Weighted Average Price) indicator offers enhanced functionality with customizable anchor periods and multiple standard deviation bands.
Key Features:
Adjustable Anchor Period: Unlike standard VWAP that resets daily, this indicator allows you to set custom anchor timeframes (Daily, Weekly, Monthly) to match your trading strategy
Multiple Deviation Bands: Display up to 3 sets of bands with customizable multipliers for better support/resistance identification
Dual Calculation Modes: Choose between Standard Deviation or Percentage-based band calculations
Flexible Price Sources: Select from 7 different price calculation methods (Typical, Close, High, Low, Median, Weighted, Open)
Timeframe Visibility Control: Option to hide VWAP on higher timeframes (Daily and above) for cleaner charts
Visual Enhancements: Color-coded bands with fill areas and real-time value display table
Trading Applications:
Identify dynamic support and resistance levels
Spot mean reversion opportunities when price deviates from bands
Use different anchor periods for swing trading vs day trading strategies
Combine with other indicators for confluence-based entries
Unique Advantage:
The ability to adjust the VWAP reset period makes this indicator versatile for various trading styles - from intraday scalping with hourly resets to swing trading with weekly anchors.
Perfect for traders who want more control over their VWAP analysis beyond the standard daily reset limitation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit de TradingView, le créateur de ce script l'a rendu open-source, afin que les traders puissent examiner et vérifier sa fonctionnalité. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.