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VWAP with StdDev + 0,25 channels

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This indicator displays the Volume Weighted Average Price (VWAP) together with standard deviation bands and additional ±0.25 offset bands. VWAP serves as the central reference line, while the deviation bands show how far price typically moves away from VWAP.

1 standard deviation (±1σ) covers roughly 68% of all price movements around VWAP.

2 standard deviations (±2σ) cover about 95% of price movements.

3 standard deviations (±3σ) cover approximately 99.7% of price movements.

Around VWAP and the first deviation level, extra ±0.25 offset bands are added to highlight tighter ranges. These shaded zones help traders identify areas of expected price concentration, potential support and resistance, and volatility boundaries.

Purpose: The tool provides a statistical framework for intraday trading. VWAP shows the average traded price weighted by volume, while the deviation bands indicate probability zones where price is most likely to remain.

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