Multiple VWAP Suite

13 déc.

The VWAP Suite is a tool I created to streamline VWAP analysis for traders. By integrating Anchored and Rolling VWAPs into a single indicator, it eliminates the need for multiple separate tools, keeping charts clean and organized without sacrificing flexibility or functionality. The goal was to simplify VWAP management by combining six different configurations into one intuitive and highly customizable indicator. It’s designed for traders who utilize VWAP-based strategies for trend analysis, support/resistance identification, or mean-reversion setups.

Features:

1. Integrated Anchored VWAPs:

• Includes three customizable Anchored VWAPs, each tied to a specific timeframe such as Session, Weekly, Monthly, or even Decade.
  
• Standard deviation bands can provide visual cues for dynamic support/resistance or volatility ranges.
  
• Each VWAP can be toggled on/off and customized for color and band appearance.
  

2. Rolling VWAPs:

• Includes three independently configurable Rolling VWAPs for dynamic timeframe analysis (Daily, Weekly, Monthly).
  
• Rolling VWAPs feature optional deviation bands to gauge price action within a defined volatility range.
  
• Smooth visualization using stepline plots for better trend identification.
  

3. Labeling System:

• Labels show the VWAP levels and percentage deviations from the current price for easy reference.
  
• Adjustable text size for improved chart readability.
  

4. Customizability:

• Fully adjustable input sources for both Anchored and Rolling VWAPs, allowing you to tailor the indicator to your strategy.
  
• Ability to enable or disable specific VWAPs, deviation bands, or labels depending on your focus.
  

Why Did I Make This?
Managing multiple VWAP indicators often leads to cluttered charts and inefficient workflows. I created the VWAP Suite to address this issue, combining Anchored and Rolling VWAPs into a single, powerful tool. Whether you’re a scalper, swing trader, or long-term trend follower, this script keeps everything you need in one place, simplifying your workflow and enhancing your ability to make informed trading decisions.

Feel free to comment any suggestions or questions! Enjoy!