Sri-VWAP CTF)

Title: Sri-VWAP CTF

Description:
The Sri-VWAP CTF indicator is a customizable Volume Weighted Average Price (VWAP) tool designed to provide clear trend insight across multiple timeframes. It allows traders to plot VWAP from a higher or custom timeframe directly onto their chart, giving a more precise perspective of price action and market bias.

Key Features:

Custom VWAP Period: Choose the period over which VWAP is calculated to suit your trading style.

Custom Timeframe (CTF): Plot VWAP from any timeframe (e.g., 15-min, 30-min, 1-hour, daily) onto your current chart.

Flexible Plot Modes:

Show only on HTF bars – VWAP is visible only on higher timeframe bars.

Hold between HTF bars – VWAP is carried forward between higher timeframe bars for continuous reference.

Smooth Integration: VWAP is calculated using typical price and volume, giving a dynamic average price that reflects market flow.

Clear Visualization: High-contrast teal line for easy identification on any chart.

Recommended Use:

Identify intraday support and resistance based on VWAP from higher timeframes.

Gauge market bias and confirm trend direction.

Combine with other technical indicators for enhanced decision-making.

Pros:

Easy to read and interpret.

Supports multi-timeframe analysis.

Lightweight and efficient for any chart type.

Inputs for Users:

VWAP Period – Number of bars to calculate VWAP.

Custom Timeframe – Select any timeframe to reference VWAP.

Plot Mode – Choose how the VWAP is displayed between higher timeframe bars.

Note: This indicator overlays directly on your chart and adapts dynamically to price and volume changes on the selected timeframe.