This is a vwap & vwma hybrid with upper & lower deviation bands that provide excellent price channels and reversal areas. It can be used on lower & higher timeframes, just increase the deviation % for higher timeframes. Try out the 1 minute timeframe with .5% deviation for great scalping levels.
Here is the calculation used for the main line.
(VWMA100 + VWMA500...
What makes this different from vwap bands / bollinger bands?
This indicator takes a bit of inspiration from bollinger but instead of utilizing built in pine script std dev that uses simple moving average internally, this version replaces that with vwap.
Also instead of traditional bollinger band basis of 20 period simple moving average, the basis here for the...
Edit of TradingView's original Rolling VWAP
Edit log:
Added Volume Aggregation Capabilities to the Script
- Price Action is impacted by volume executed in all exchanges. Even though a single exchange RVWAP can be useful, using aggregated data makes it more accurate and saves time in symbol switching.
- Aggregation is preset to be done for...
A lot of VWAP scripts are anchored and only allow single VWAP additions. This script allows up to 5 simultaneous VWAPs, for example monthly, quarterly, yearly, 3 years, etc. Can also be used on smaller timeframes. The non-anchored part of the script allows it to be constantly rolling, with no resets.
I do not endorse this script, it was created at my request :)
OANDA:EURUSD
Hello! I created an indicator called ADRL (Average Daily Range Lines). This is my first original work, and I hope it's helpful to you guys.
1. Let me explain a bit of how it works...
So first of I need the ADR value, as by default length I use 19 for it. I want this indicator to calculate every start of the new day and break if another new day...
This strategy is unfortunately not finished yet.
A pretty simple strategy. If price broke through VWAP and had three consecutive candles following the breakthroughs trend, the high of the third candle will be drawn. If this happened after a crossover of the vwap and price breaks through the high of the third candle, strategy will go long. Short will be the same...
Get more consistent scalps by trading in-between Bollinger Band Deviations.
FEATURES:
1) 3 Bollinger Bands with default settings to 1, 2, and 3 deviations for more consistent scalps
2) Trendicator: a dynamic color changing moving average that helps you see trend quickly
3) Robust VWAP tool with up to 3 different deviations as well as different anchor points to...
Impatient VWAP bands are based of Traderskew's VWAP bands but are for more impatient traders.
Wicking or crossing down through the upper band indicates a good short trade entry for range-bound trading periods while wicking or crossing up through the lower band indicates a good long entry in range-bound conditions.
By default, impatience is disabled. If it is...
Description
This indicator is used to find support and resistance utilizing both buying and selling volume. It can be used on lower and higher time frames to understand where price is likely to reject or bounce.
How it works
Instead of calculating the VWAP using the total volume, this script estimates the buying/selling volume and respectively calculates their...
This Indicator is meant to provide Futures Volume and Vwap Signal in spot charts of Nifty and Banknifty Traders.
Concepts and Features of this indicators are as follows :
1) Now u don't have to select and change to futures scrip often or have both spot and futures chart in same window to watch the Futures Volume and Vwap.
2) U get Both Volume and Vwap signal as a...
This is a combination of all the price chart indicators I frequently switch between. It contains my day time highlighter (for day trading), multi-timeframe long-term trend indicator for current commodity in the bottom right, customizable trend EMA which also has multi-timeframe drawing capabilities, VWAP, customizable indicators with separate settings from the...
Multi Timeframe Volume Weighted Average Price with Standard Deviation Bands
I used the script "Koalafied VWAP D/W/M/Q/Y" by Koalafied_3 and made some changes, such as adding more standard deviation bands.
The script can display the daily, weekly, monthly, quarterly and yearly VWAP.
Standard deviation bands values can be changed (default values are 0.618, 1,...
This indicator is a rolling VWAP that shows an aggregated BTC VWAP for both spot markets and futures markets
Spot VWAP is shown in BTC orange while perp VWAP is shown in blue
This is useful for identifying which market (spot or perps) is pushing trending moves
If the spot VWAP is more closely following the trend, then spot is pushing the move
If the perp VWAP...
NIFTY and BANKNIFTY Being Index do not have VWAP (because there is no volume generated). This is a simple script that displays NIFTY's future VWAP on NIFTY's Spot chart and similarly, displays BANKNIFTY's future VWAP on BANKNIFTY's sport chart. Fast and quick. Just few lines of code. No hefty un-necessary calculations.
No settings necessary. The script...
![BTCUSDTPERP: VWAP BANDS [qrsq]](https://s3.tradingview.com/1/1VHtK97t_mid.png "VWAP BANDS [qrsq]")
![BANKNIFTY: VWAP For NIFTY & BANKNIFTY [Zero54]](https://s3.tradingview.com/k/kHpEnD57_mid.png "VWAP For NIFTY & BANKNIFTY [Zero54]")
