Downloading...
Download

Vwaps

The Great Anchors: Dual AVWAP Powered by RSI The Great Anchors *Dual Anchored Volume Weighted Average Price Powered by RSI* --- 📌 Overview The Great Anchors is a dual AVWAP-based indicator that resets dynamically using RSI extremes — either from the current asset or a master symbol (e.g., BTCUSDT). It identifies meaningful shifts in price structure and momentum using these "anchored" levels. It’s designed to help traders spot trend continuations, momentum inflection points, and entry signals aligned with overbought/oversold conditions — but only when the market confirms through volume-weighted price direction. --- 🛠 Core Logic • AVWAP 1 (favwap): Anchored when RSI reaches overbought levels (top anchor) • AVWAP 2 (savwap): Anchored when RSI reaches oversold levels (bottom anchor) • AVWAPs are recalculated each time a new OB/OS condition is triggered — acting like "fresh anchors" at key market turning points. --- ⚙️ Key Features 🔁 Auto or Manual RSI Thresholds → Automatically determines dynamic RSI OB/OS levels based on past peaks and troughs, or lets you set fixed levels. 🧠 Master Symbol Control → Use the RSI of a separate asset (like BTCUSDT, ETHUSDT, SOLUSDT, BNBUSDT, SUPRAUSDT) or indices (like TOTAL, TOTAL2, BFR) to control resets — ideal for tracking how BTC/major coins impacts altcoins/others. 🔍 Trend-Filtering Signal Logic → Signals are filtered for less noise and are triggered when: - Both AVWAPs are rising (bullish) or falling (bearish) - Price action confirms the structure 🎯 Visual Markers & Alerts → "💥" for bullish signals and "🔥" for bearish ones. Alerts included for automation or push notifications. --- 🎯 How to Use It 1. Add the indicator to your chart. 2. Choose whether to use RSI from the current symbol or a master symbol (e.g., BTC). 3. Select auto-adjusted or manual OB/OS levels. 4. Watch for: - AVWAP(s) making a significant change (at this point it's one of the AVWAPs resetting) - Check if price flip it upwards or downwards - If price goes above both AVWAPs thats a likely bullish trend - If price can't go above both AVWAPs up and fall bellow both that's a likely bearish trend - Price retesting upper AVWAP and bounce - likely bullish continuation - Price retesting lower AVWAP and dip - likely bearish continuation - Signal icons on chart ("💥 - Bullish" or "🔥- Bearish") Best suited for: • Swing traders • Momentum traders • Traders timing altcoin entries using BTC/Major asset's RSI --- 🔔 Signal Explanation 💥 Bullish Signal = • Both AVWAPs rising • Higher lows in price structure • Bullish candle close • Triggered from overbought RSI reset 🔥 Bearish Signal = • Both AVWAPs falling • Lower highs in price structure • Bearish candle close • Triggered from oversold RSI reset Signals reset by opposite signals to prevent noise or overfitting. --- ⚠️ Tips & Notes • Use AVWAPs as dynamic support/resistance, even without signal triggers • Pair with volume or divergence tools for stronger confirmation --- 🧩 Credits & Philosophy This tool is built with a simple philosophy: "Anchor your trades to meaningful moments in price — not arbitrary time." The dual AVWAP concept helps you see how price reacts after momentum peaks, giving you a cleaner bias and more precise trade setups. ---
Pine Script® indicator
by CharmyDexter
Multi VWAPsMulti VWAPs Inspired by Biran Shannon and his book: "MAXIMUM TRADING GAINS WITH ANCHORED VWAP . The Perfect Combination of Price, Time & Volume." (ISBN 9798986868004) A comprehensive VWAP (Volume Weighted Average Price) indicator that combines multiple timeframes and sessions in one view. Perfect for day trading and swing trading across different markets. Features: • Multiple VWAP Timeframes: - Daily VWAP - Weekly VWAP - Monthly VWAP - Quarterly VWAP - Yearly VWAP • Session-specific VWAPs: - London Session (3:00 AM - 11:30 AM NY time) - New York Session (9:30 AM - 4:00 PM NY time) • Additional Indicators: - Midnight Price Line (Previous day's closing price) - 5-Day Moving Average - 50-Day Moving Average • Customization Options: - Toggle individual VWAPs and indicators - Customize colors for each component - Adjustable label positioning - MA smoothing settings - Option to show/hide previous day's midnight price • Smart Features: - Auto-adjusting calculations based on timeframe - Clear session boundaries - Optimized for all chart timeframes - Clean label system Perfect for: • Day traders tracking multiple timeframe momentum • Swing traders using longer-term VWAPs • Session traders focusing on London/NY hours • Multi-timeframe analysis • Price action trading with VWAP support/resistance This indicator combines essential trading tools in one clean interface, helping you make informed decisions without cluttering your chart.
Pine Script® indicator
by Khalid_Day_Trader
11
Long-Term VWAP Mean Reversion SDCACore Idea: This indicator is designed to support Strategic Dollar Cost Averaging (SDCA) for Bitcoin using a cumulative VWAP-based mean reversion model. It helps long-term investors identify high-conviction buy zones and overbought conditions using statistical deviation from the cumulative VWAP. This indicator evaluates how much price is stretched from the true market average price, weighted by cumulative volume over time. Core Concepts and Formulas: Cumulative VWAP (Volume Weighted Average Price): VWAP cumulative = ∑(Price×Volume) / ∑Volume A long-term anchor that reflects the average dollar cost of all market participants across all candles. This version does not reset daily, unlike intraday VWAP. VWAP Deviation % : Deviation% = Price - VWAP cumulative / VWAP cumulative x 100 Shows how far current price has diverged from the long-term fair value. Z-Score of VWAP Deviation: Z= (Price−VWAP)−μ / σ (lookback period: default 200) SDCA Multiplier Mapping: *Keep in mind in my Z-Score system, -2 represents the overbought level (white horizontal line) and +2 represents oversold (cyan horizontal line) conditions. So the scores on the Y axis and Z-score in the table are reversed. | Z-Score Range | SDCA Multiplier | --------------------------------------------- | ≤ -2 | 0.25× | -1 to +1 | 1.0× | > +2 | 2.0× The pink line plots this multiplier. It’s meant to control buy weight at each time step. How to Use This for SDCA: -Buy normally when the multiplier is 1.0× (Z-score between -1 and +1) -Accelerate buying when Z-score is deeply negative (price far below VWAP) -Slow or pause buying when Z-score is high (price far above VWAP) -Use the stats panel to track current Z-score, VWAP level, deviation %, and multiplier -Watch the red/blue backgrounds as visual confirmation of oversold/overbought zones Inputs: Z-Score Lookback Length: Default: 200 but can be adjusted. Visuals: Z-Score Line (cyan): shows current standardized deviation from VWAP Multiplier Line (bright pink): your SDCA intensity signal Background Zones: cyan = oversold, white = overbought Horizontal Lines: +2 and -2 standard deviation thresholds Stats Panel (bottom right): live values for Z-score, multiplier, price, VWAP, and the deviation formula Suited For: -Long-term Bitcoin investors -SDCA Systems -Mean reversion systems -Macro-level buy/sell planning
Pine Script® indicator
by mrlonglaner
1
Easy MA SignalsEasy MA Signals Overview Easy MA Signals is a versatile Pine Script indicator designed to help traders visualize moving average (MA) trends, generate buy/sell signals based on crossovers or custom price levels, and enhance chart analysis with volume-based candlestick coloring. Built with flexibility in mind, it supports multiple MA types, crossover options, and customizable signal appearances, making it suitable for traders of all levels. Whether you're a day trader, swing trader, or long-term investor, this indicator provides actionable insights while keeping your charts clean and intuitive. Configure the Settings The indicator is divided into three input groups for ease of use: General Settings: Candlestick Color Scheme: Choose from 10 volume-based color schemes (e.g., Sapphire Pulse, Emerald Spark) to highlight high/low volume candles. Select “None” for TradingView’s default colors. Moving Average Length: Set the MA period (default: 20). Adjust for faster (lower values) or slower (higher values) signals. Moving Average Type: Choose between SMA, EMA, or WMA (default: EMA). Show Buy/Sell Signals: Enable/disable signal plotting (default: enabled). Moving Average Crossover: Select a crossover type (e.g., MA vs VWAP, MA vs SMA50) for signals or “None” to disable. Volume Influence: Adjust how volume impacts candlestick colors (default: 1.2). Higher values make thresholds stricter. Signal Appearance Settings: Buy/Sell Signal Shape: Choose shapes like triangles, arrows, or labels for signals. Buy/Sell Signal Position: Place signals above or below bars. Buy/Sell Signal Color: Customize colors for better visibility (default: green for buy, red for sell). Custom Price Alerts: Custom Buy/Sell Alert Price: Set specific price levels for alerts (default: 0, disabled). Enter a non-zero value to enable. Set Up Alerts To receive notifications (e.g., sound, popup, email) when signals or custom price levels are hit: Click the Alert button (alarm clock icon) in TradingView. Select Easy MA Signals as the condition and choose one of the four alert types: MA Crossover Buy Alert: Triggers on MA crossover buy signals. MA Crossover Sell Alert: Triggers on MA crossover sell signals. Custom Buy Alert: Triggers when price crosses above the custom buy price. Custom Sell Alert: Triggers when price crosses below the custom sell price. Enable Play Sound and select a sound (e.g., “Bell”). Set the frequency (e.g., Once Per Bar Close for confirmed signals) and create the alert. Analyze the Chart Moving Average Line: Displays the selected MA with color changes (green for bullish, red for bearish, gray for neutral) based on price position relative to the MA. Buy/Sell Signals: Appear as shapes or labels when crossovers or custom price levels are hit. Candlestick Colors: If a color scheme is selected, candles change color based on volume strength (high, low, or neutral), aiding in trend confirmation. Why Use Easy MA Signals? Easy MA Signals is designed to simplify technical analysis while offering advanced customization. It’s ideal for traders who want: A clear visualization of MA trends and crossovers. Flexible signal generation based on MA crossovers or custom price levels. Volume-enhanced candlestick coloring to identify market strength. Easy-to-use settings with tooltips for beginners and pros alike. This script is particularly valuable because it combines multiple features into one indicator, reducing chart clutter and providing actionable insights without overwhelming the user. Benefits of Easy MA Signals Highly Customizable: Supports SMA, EMA, and WMA with adjustable lengths. Offers multiple crossover options (VWAP, SMA10, SMA20, etc.) for tailored strategies. Custom price alerts allow precise targeting of key levels. Volume-Based Candlestick Coloring: 10 unique color schemes highlight volume strength, helping traders confirm trends. Adjustable volume influence ensures adaptability to different markets. Flexible Signal Visualization: Choose from various signal shapes (triangles, arrows, labels) and positions (above/below bars). Customizable colors improve visibility on any chart background. Alert Integration: Built-in alert conditions for crossovers and custom prices support sound, email, and app notifications. Easy setup for real-time trading decisions. User-Friendly Design: Organized input groups with clear tooltips make configuration intuitive. Suitable for beginners and advanced traders alike. Example Use Cases Swing Trading with MA Crossovers: Scenario: A trader wants to trade Bitcoin (BTC/USD) on a 4-hour chart using an EMA crossover strategy. Setup: Set Moving Average Type to EMA, Length to 20. Set Moving Average Crossover to “MA vs SMA50”. Enable Show Buy/Sell Signals and choose “arrowup” for buy, “arrowdown” for sell. Select “Emerald Spark” for candlestick colors to highlight volume surges. Usage: Buy when the EMA20 crosses above the SMA50 (green arrow appears) and volume is high (dark green candles). Sell when the EMA20 crosses below the SMA50 (red arrow). Set alerts for real-time notifications. Scalping with Custom Price Alerts: Scenario: A day trader monitors Tesla (TSLA) on a 5-minute chart and wants alerts at specific support/resistance levels. Setup: Set Custom Buy Alert Price to 150.00 (support) and Custom Sell Alert Price to 160.00 (resistance). Use “labelup” for buy signals and “labeldown” for sell signals. Keep Moving Average Crossover as “None” to focus on price alerts. Usage: Receive a sound alert and label when TSLA crosses 150.00 (buy) or 160.00 (sell). Use volume-colored candles to confirm momentum before entering trades. When NOT to Use Easy MA Signals High-Frequency Trading: Reason: The indicator relies on moving averages and volume, which may lag in ultra-fast markets (e.g., sub-second trades). High-frequency traders may need specialized tools with real-time tick data. Alternative: Use order book or market depth indicators for faster execution. Low-Volatility or Sideways Markets: Reason: MA crossovers and custom price alerts can generate false signals in choppy, range-bound markets, leading to whipsaws. Alternative: Use oscillators like RSI or Bollinger Bands to trade within ranges. This indicator is tailored more towards less experienced traders. And as always, paper trade until you are comfortable with how this works if you're unfamiliar with trading! We hope you enjoy this and have great success. Thanks for your interested in Easy MA Signals!
Pine Script® indicator
by thisgirl
VWAP Separation Oscillator V5 (No Arrows)Okay, here is a draft description you can adapt for your TradingView publication. It starts from the basics and explains the concepts behind the indicator and how to interpret its visual elements. VWAP Separation Oscillator Summary This indicator provides a normalized view of how far the current price has deviated from its Volume-Weighted Average Price (VWAP), helping traders identify potentially overbought or oversold conditions relative to recent VWAP dynamics. It calculates the price separation from VWAP and expresses it in terms of standard deviations (a Z-score), making it easier to gauge the statistical significance of the deviation. Core Concepts Explained What is VWAP? VWAP stands for Volume-Weighted Average Price. It's a trading benchmark calculated by taking the total dollar value traded for every transaction (price multiplied by volume) and dividing it by the total shares traded for the day (or other chosen period). Unlike a simple moving average, VWAP gives more weight to price levels where more volume occurred. Many institutional traders use it as a reference point for execution quality. This indicator allows you to choose the "Anchor Period" (Session, Week, Month, etc.) which determines when the VWAP calculation resets. What is VWAP Separation? P rice doesn't always stay at the VWAP; it naturally fluctuates above and below it. "VWAP Separation" is simply the difference between the current price (Source) and the calculated VWAP value (Separation = Price - VWAP). A positive separation means the price is above VWAP; negative means below. How Standard Deviation is Used: While knowing the separation is useful, its significance can vary wildly between different stocks or market conditions. A $1 separation might be huge for one stock but tiny for another. Standard Deviation is a statistical measure of how spread out data points are from their average. In this indicator, we calculate the standard deviation of the VWAP Separation over a specified Lookback Length. This tells us how volatile or dispersed the separation has been recently. The Oscillator Line (Z-Score): The main purple (or Green/Red) line plotted by this indicator is the Z-score of the VWAP Separation. Formula conceptually: Oscillator Value = (Current Separation - Average Separation) / Standard Deviation of Separation Interpretation: It tells you how many standard deviations the current separation is away from the average separation over the lookback period. A value of +2.0 means the current separation is 2 standard deviations higher (more extended to the upside) than the average separation. A value of -1.5 means the current separation is 1.5 standard deviations lower (more extended to the downside) than the average separation. This normalization makes it easier to compare readings across different assets or timeframes and to define consistent thresholds for "extreme" deviations. Visual Elements Explained Oscillator Line: The primary line showing the Z-score value (explained above). Can optionally be colored Green/Red based on its slope (rising/falling). Overbought Line (Solid Red): A user-defined level (default: 2.0). When the oscillator moves above this line, it suggests the price deviation above VWAP is statistically significant compared to recent history. Oversold Line (Solid Green): A user-defined level (default: -2.0). When the oscillator moves below this line, it suggests the price deviation below VWAP is statistically significant compared to recent history. Overbought/Oversold Zone Fills (Transparent Red/Green): These shaded areas appear only when the oscillator line enters the respective Overbought or Oversold territory (defined by the OB/OS Lines), visually highlighting these periods. Zero Line (Dotted Gray): Represents the point where the current VWAP separation is exactly equal to the average VWAP separation over the lookback period. Crossings indicate shifts relative to this mean. Zero Cross Markers (Orange 'X'): Small 'x' marks plotted directly on the oscillator line whenever it crosses the Zero Line, pinpointing these moments. Potential Usage / Interpretation Identifying Extremes: High positive values (above OB Level) or low negative values (below OS Level) can suggest the price move relative to VWAP might be over-extended and potentially due for a pause or pullback. Look for the oscillator turning back from these extremes. Spotting Divergences: Look for discrepancies between price action and the oscillator. Bearish Divergence: Price makes a new high, but the oscillator makes a lower high (often in the OB zone). Suggests weakening upside momentum relative to VWAP dynamics. Bullish Divergence: Price makes a new low, but the oscillator makes a higher low (often in the OS zone). Suggests weakening downside momentum relative to VWAP dynamics. Context is Key: This oscillator measures deviation from a specific benchmark (VWAP). Its interpretation should always be done within the context of the overall market trend, price structure (support/resistance), volume analysis, and potentially other confirming indicators. Disclaimer: This indicator is a tool for analysis, not a standalone trading system. It does not provide financial advice. Always use risk management. Settings Overview Anchor Period: Determines how often the VWAP calculation resets (Session, Week, Month, etc.). Source: The price data used for the separation calculation (default: hlc3). Lookback Length: The number of bars used to calculate the average and standard deviation of the separation, influencing the oscillator's responsiveness. Overbought/Oversold Levels: User-defined thresholds for identifying extreme Z-score values. Color Oscillator Line: Option to color the oscillator line based on whether it's rising or falling.
Pine Script® indicator
by Leree123
Multi-Timeframe Anchored VWAP Valuation# Multi-Timeframe Anchored VWAP Valuation ## Overview This indicator provides a unique perspective on potential price valuation by comparing the current price to the Volume Weighted Average Price (VWAP) anchored to the start of multiple timeframes: Weekly, Monthly, Quarterly, and Yearly. It synthesizes these comparisons into a single oscillator value, helping traders gauge if the current price is potentially extended relative to significant volume-weighted levels. ## Core Concept & Calculation 1. **Anchored VWAP:** The script calculates the VWAP separately for the current Week, Month, Quarter (3 Months), and Year (12 Months), starting the calculation from the first bar of each period. 2. **Price Deviation:** It measures how far the current `close` price is from each of these anchored VWAPs. This distance is measured in terms of standard deviations calculated *within* that specific anchor period (e.g., how many weekly standard deviations the price is away from the weekly VWAP). 3. **Deviation Score (Multiplier):** Based on this standard deviation distance, a score is assigned. The further the price is from the VWAP (in terms of standard deviations), the higher the absolute score. The indicator uses linear interpolation to determine scores between the standard deviation levels (defaulted at 1, 2, and 3 standard deviations corresponding to scores of +/-2, +/-3, +/-4, with a score of 1 at the VWAP). 4. **Timeframe Weighting:** Longer timeframes are considered more significant. The deviation scores are multiplied by fixed scalars: Weekly (x1), Monthly (x2), Quarterly (x3), Yearly (x4). 5. **Final Valuation Metric:** The weighted scores from all four timeframes are summed up to produce the final oscillator value plotted in the indicator pane. ## How to Interpret and Use * **Histogram (Indicator Pane):** * The main output is the histogram representing the `Final Valuation Metric`. * **Positive Values:** Suggest the price is generally trading above its volume-weighted averages across the timeframes, potentially indicating strength or relative "overvaluation." * **Negative Values:** Suggest the price is generally trading below its volume-weighted averages, potentially indicating weakness or relative "undervaluation." * **Values Near Zero:** Indicate the price is relatively close to its volume-weighted averages. * **Histogram Color:** * The color of the histogram bars provides context based on the metric's *own recent history*. * **Green (Positive Color):** The metric is currently *above* its recent average plus a standard deviation band (dynamic upper threshold). This highlights potentially significant "overvalued" readings relative to its normal range. * **Red (Negative Color):** The metric is currently *below* its recent average minus a standard deviation band (dynamic lower threshold). This highlights potentially significant "undervalued" readings relative to its normal range. * **Gray (Neutral Color):** The metric is within its typical recent range (between the dynamic upper and lower thresholds). * **Orange Line:** Plots the moving average of the `Final Valuation Metric` itself (based on the "Threshold Lookback Period"), serving as the centerline for the dynamic thresholds. * **On-Chart Table:** * Provides a detailed breakdown for transparency. * Shows the calculated VWAP, the raw deviation multiplier score, and the final weighted (adjusted) metric for each individual timeframe (W, M, Q, Y). * Displays the current price, the final combined metric value, and a textual interpretation ("Overvalued", "Undervalued", "Neutral") based on the dynamic thresholds. ## Potential Use Cases * Identifying potential exhaustion points when the indicator reaches statistically high (green) or low (red) levels relative to its recent history. * Assessing whether price trends are supported by underlying volume-weighted average prices across multiple timeframes. * Can be used alongside other technical analysis tools for confirmation. ## Settings * **Calculation Settings:** * `STDEV Level 1`: Adjusts the 1st standard deviation level (default 1.0). * `STDEV Level 2`: Adjusts the 2nd standard deviation level (default 2.0). * `STDEV Level 3`: Adjusts the 3rd standard deviation level (default 3.0). * **Interpretation Settings:** * `Threshold Lookback Period`: Defines the number of bars used to calculate the average and standard deviation of the final metric for dynamic thresholds (default 200). * `Threshold StDev Multiplier`: Controls how many standard deviations above/below the metric's average are used to set the "Overvalued"/"Undervalued" thresholds (default 1.0). * **Table Settings:** Customize the position and colors of the data table displayed on the chart. ## Important Considerations * This indicator measures price deviation relative to *anchored* VWAPs and its *own historical range*. It is not a standalone trading system. * The interpretation of "Overvalued" and "Undervalued" is relative to the indicator's logic and calculations; it does not guarantee future price movement. * Like all indicators, past performance is not indicative of future results. Use this tool as part of a comprehensive analysis and risk management strategy. * The anchored VWAP and Standard Deviation values reset at the beginning of each respective period (Week, Month, Quarter, Year).
Pine Script® indicator
by Sickist
Multi-Timeframe VWAP Master ProThe Multi-Timeframe VWAP Suite is a comprehensive and highly customizable indicator designed for traders who rely on Volume-Weighted Average Price (VWAP) across multiple timeframes and periods. This tool provides a complete suite of VWAP calculations, including daily, weekly, monthly, quarterly, yearly, and custom VWAPs, allowing traders to analyze price action and volume trends with precision. Whether you're a day trader, swing trader, or long-term investor, this indicator offers unparalleled flexibility and depth for your trading strategy. Multi-Timeframe VWAPs: Daily, Weekly, Monthly, Quarterly, and Yearly VWAPs: Track VWAP across various timeframes to identify key support and resistance levels. Customizable Timeframes: Use the SMA timeframe input to adjust the period for moving averages and other calculations. Previous Period VWAPs: Previous Daily, Weekly, Monthly, and Quarterly VWAPs: Analyze historical VWAP levels to understand past price behavior and identify potential reversal zones. Previous Year Quarterly VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. Custom VWAPs: Custom Start Date and Timeframe: Define your own VWAP periods by specifying a start date and timeframe, allowing for tailored analysis. Dynamic Custom VWAP Calculation: Automatically calculates VWAP based on your custom inputs, ensuring flexibility for unique trading strategies. Seasonal and Yearly VWAPs: April, July, and October VWAPs: Analyze seasonal trends by tracking VWAP levels for specific months. Yearly VWAP: Get a broader perspective on long-term price trends with the yearly VWAP. SMA Integration: SMA Overlay: Combine VWAP analysis with a Simple Moving Average (SMA) for additional confirmation of trends and reversals. Customizable SMA Length and Timeframe: Adjust the SMA settings to match your trading style and preferences. User-Friendly Customization: Toggle Visibility and Labels: Easily enable or disable the display of specific VWAPs and their labels to keep your chart clean and focused. Color Customization: Each VWAP line and label is color-coded for easy identification and can be customized to suit your preferences. Dynamic Labeling: Automatic Labels: Labels are dynamically placed on the last bar, providing clear and concise information about each VWAP level. Customizable Label Text: Labels include detailed information, such as the timeframe or custom period, for quick reference. Flexible Timeframe Detection: Automatic Timeframe Detection: The indicator automatically detects new days, weeks, months, and quarters, ensuring accurate VWAP calculations. Support for Intraday and Higher Timeframes: Works seamlessly on all chart timeframes, from 1-minute to monthly charts. Previous Year Quarterly VWAPs: Q1, Q2, Q3, Q4 VWAPs: Compare current price action to VWAP levels from specific quarters of the previous year. User-Selectable Year: Choose the year for which you want to calculate previous quarterly VWAPs. Persistent Monthly VWAPs: Option to Persist Monthly VWAPs Year-Round: Keep monthly VWAP levels visible even after the month ends for ongoing analysis. Comprehensive Analysis: Combines multiple VWAP timeframes and periods into a single tool, eliminating the need for multiple indicators. Customizable and Flexible: Tailor the indicator to your specific trading strategy with customizable timeframes, periods, and settings. Enhanced Decision-Making: Gain deeper insights into price action and volume trends across different timeframes, helping you make more informed trading decisions. Clean and Organized Charts: Toggle visibility and labels to keep your chart clutter-free while still accessing all the information you need. Ideal For: Day Traders: Use daily and intraday VWAPs to identify intraday support and resistance levels. Swing Traders: Analyze weekly and monthly VWAPs to spot medium-term trends and reversals. Long-Term Investors: Leverage quarterly and yearly VWAPs to understand long-term price behavior and key levels. Seasonal Traders: Track April, July, and October VWAPs to capitalize on seasonal trends. The Multi-Timeframe VWAP Suite is a powerful and versatile tool for traders of all styles and timeframes. With its comprehensive suite of VWAP calculations, customizable settings, and user-friendly design, it provides everything you need to analyze price action and volume trends with precision and confidence. Whether you're looking to fine-tune your intraday strategy or gain a broader perspective on long-term trends, this indicator has you covered.
Pine Script® indicator
by starseedmaster1
2
VWAP [cryptalent]VWAP Indicator with Adjustable Source Overview This TradingView indicator calculates Daily, Weekly, and Monthly VWAP (Volume Weighted Average Price) with the flexibility to select different price sources (Open, High, Low, Close, HLC3, etc.). It also displays previous period VWAP levels, helping traders analyze past liquidity zones. Key Features: ✅ Adjustable Source – Users can choose the price used for VWAP calculations (e.g., Close, High, Low, Open). ✅ Multi-Timeframe VWAP – Tracks Daily, Weekly, and Monthly VWAP to provide a broader market view. ✅ Historical VWAP Levels – Displays previous VWAP values for comparison and reference. ✅ Step Line Style – Ensures clear distinction between different periods and prevents overlapping. ✅ Visible in the Price Scale – The latest and historical VWAP values are displayed in the right-hand price scale for easy reference. Customization: You can easily modify the input settings to match your trading style. Adjust the VWAP source price to test different perspectives (e.g., Open vs. High vs. Close).
Pine Script® indicator
by cryptalent
1
OHLC/4 Daily vs Quarterly CrossOHLC/4 Daily vs Quarterly Cross The "OHLC/4 Daily vs Quarterly Cross" indicator is a powerful tool designed to provide traders with insights into trend alignment and potential market turning points. By calculating the average of the open, high, low, and close prices (OHLC/4), this script compares the daily average price action with the quarterly average to identify significant crossover events. This indicator features two distinct lines: the Daily OHLC/4 and the Quarterly OHLC/4, each plotted in different colors for easy differentiation. A crossover occurs when the daily OHLC/4 moves above the quarterly average, potentially signaling bullish momentum or a shift in market direction. Conversely, a crossunder marks the daily OHLC/4 moving below the quarterly level, indicating potential bearish sentiment or a reversal. With real-time plotting and built-in alert conditions, this script enables traders to stay ahead of critical market movements by setting automated notifications for crossover events. Whether you're seeking to confirm trends or identify new opportunities, the "OHLC/4 Daily vs Quarterly Cross" delivers clarity and actionable insights for more informed decision-making.
Pine Script® indicator
by MACDaddyTrader
DIN: Dynamic Trend NavigatorDIN: Dynamic Trend Navigator Overview The Dynamic Trend Navigator script is designed to help traders identify and capitalize on market trends using a combination of Weighted Moving Averages (WMA), Volume Weighted Average Price (VWAP), and Anchored VWAP (AVWAP). The script provides customizable settings and flexible alerts for various crossover conditions, enhancing its utility for different trading strategies. Key Features - **1st and 2nd WMA**: Allows users to set and visualize two Weighted Moving Averages. These can be customized to any period, providing flexibility in trend identification. - **VWAP and AVWAP**: Incorporates both VWAP and AVWAP, offering insights into price levels adjusted by volume. - **ATR and ADX Indicators**: Includes the Average True Range (ATR) and Average Directional Index (ADX) to help assess market volatility and trend strength. - **Flexible Alerts**: Configurable buy and sell alerts for any crossover condition, making it versatile for various trading strategies. How to Use the Script 1. **Set the WMA Periods**: Customize the periods for the 1st and 2nd WMAs to suit your trading strategy. 2. **Enable VWAP and AVWAP**: Choose whether to include VWAP and AVWAP in your analysis by enabling the respective settings. 3. **Configure Alerts**: Set up alerts for the desired crossover conditions (WMA, VWAP, AVWAP) to receive notifications for potential trading opportunities. 4. **Monitor Signals**: Watch for buy and sell signals indicated by triangle shapes on the chart, which appear at the selected crossover points. When to Use - **Best Time to Use**: The script is most effective in trending markets where price movements are well-defined. It helps traders stay on the right side of the trend and avoid false signals during periods of low volatility. - **When Not to Use**: Avoid using the script in choppy or sideways markets where price action lacks direction. The script may generate false signals in such conditions, leading to potential losses. Benefits of VWAP and AVWAP - **VWAP**: The Volume Weighted Average Price provides a price benchmark that adjusts for volume, helping traders identify fair value levels. It is particularly useful for intraday trading and gauging market sentiment. - **AVWAP**: The Anchored VWAP allows traders to set a starting point for VWAP calculations, providing flexibility in analyzing price levels over specific periods or events. This helps in identifying key support and resistance levels based on volume. Unique Aspects - **Customizability**: The script offers extensive customization options for WMA periods, VWAP, AVWAP, and alert conditions, making it adaptable to various trading strategies. - **Combining Indicators**: By integrating WMAs, VWAP, AVWAP, ATR, and ADX, the script provides a comprehensive view of market conditions, enhancing decision-making. - **Real-Time Alerts**: The flexible alert system ensures traders receive timely notifications for potential trade setups, improving responsiveness to market changes. Examples - **Example 1**: A trader sets the 1st WMA to 8 and the 2nd WMA to 100, enabling the VWAP. When the 1st WMA crosses above the 2nd WMA or VWAP, a buy signal is triggered, indicating a potential long entry. - **Example 2**: A trader sets the AVWAP to start 30 bars ago and monitors for crossovers with the 1st WMA. When the 1st WMA crosses below the AVWAP, a sell signal is triggered, suggesting a potential short entry. Final Notes The Dynamic Trend Navigator script is a powerful tool for traders looking to enhance their market analysis and trading decisions. Its unique combination of customizable indicators and flexible alert system sets it apart from other scripts, making it a valuable addition to any trader's toolkit. Disclaimer: Never any financial advice. Just ThisGirl loving experimenting with indicators to help myself, as well as others.
Pine Script® indicator
by thisgirl
Stock_Cloud-EMA,VWAP,ST Indicator_V1Stock_Cloud V1 - EMA, VWAP, SuperTrend Strategy Indicator This indicator combines three powerful technical indicators (EMA, VWAP, and SuperTrend) to create a comprehensive trading system that helps identify high-probability trading setups when all components align. Strategy Components & Logic: • EMA (Exponential Moving Average): Acts as a dynamic support/resistance and trend direction indicator • VWAP (Volume Weighted Average Price): Provides important institutional price levels and volume-based trend strength • SuperTrend: Offers trend direction and potential reversal points Why These Components Work Together: 1. EMA filters out market noise while maintaining responsiveness to price changes 2. VWAP adds volume-based price validation, especially useful for intraday trading 3. SuperTrend confirms trend direction and potential reversal points 4. When all three indicators align, it creates a high-probability setup Signal Generation: • Bullish Signal: Generated when price crosses above all three indicators (EMA, VWAP, and SuperTrend turns bullish) • Bearish Signal: Generated when price crosses below all three indicators (EMA, VWAP, and SuperTrend turns bearish) • Background color changes help visualize the current market condition Settings: - EMA Length: 20 (default, adjustable) - SuperTrend Period: 10 (default, adjustable) - SuperTrend Multiplier: 3.0 (default, adjustable) How to Use: 1. Look for potential entries when all three indicators align 2. Small triangles mark key entry points when alignment occurs 3. Use background color as additional confirmation 4. Monitor price action relative to all three indicators for exit signals Best Timeframes: Works well on all timeframes, but particularly effective on 5-minute to daily charts for stocks and indices. Note: This indicator combines traditional technical analysis tools in a unique way to provide clear, actionable signals. Always use proper risk management and consider other factors like market conditions and support/resistance levels. Created by Stock_Cloud Version 2.0
Pine Script® indicator
by Stock_Cloud
1
CPR by NKDCentral Pivot Range (CPR) Trading Strategy: The Central Pivot Range (CPR) is a widely-used tool in technical analysis, helping traders pinpoint potential support and resistance levels in the market. By using the CPR effectively, traders can better gauge market trends and determine favorable entry and exit points. This guide explores how the CPR works, outlines its calculation, and describes how traders can enhance their strategies using an extended 10-line version of CPR. What Really Central Pivot Range (CPR) is? At its core, the CPR consists of three key lines: Pivot Point (PP) – The central line, calculated as the average of the previous day’s high, low, and closing prices. Upper Range (R1) – Positioned above the Pivot Point, acting as a potential ceiling where price may face resistance. Lower Range (S1) – Found below the Pivot Point, serving as a potential floor where price might find support. Advanced traders often expand on the traditional three-line CPR by adding extra levels above and below the pivot, creating up to a 10-line system. This extended CPR allows for a more nuanced understanding of the market and helps identify more detailed trading opportunities. Applying CPR for Trading Success 1. How CPR is Calculation The CPR relies on the previous day's high (H), low (L), and close (C) prices to create its structure: Pivot Point (PP) = (H + L + C) / 3 First Resistance (R1) = (2 * PP) - L First Support (S1) = (2 * PP) - H Additional resistance levels (R2, R3) and support levels (S2, S3) are calculated by adding or subtracting multiples of the previous day’s price range (H - L) from the Pivot Point. 2. Recognizing the Market Trend To effectively trade using CPR, it’s essential to first determine whether the market is trending up (bullish) or down (bearish). In an upward-trending market, traders focus on buying at support levels, while in a downward market, they look to sell near resistance. 3. Finding Ideal Entry Points Traders often look to enter trades when price approaches key levels within the CPR range. Support levels (S1, S2) offer buying opportunities, while resistance levels (R1, R2) provide selling opportunities. These points are considered potential reversal zones, where price may bounce or reverse direction. 4. Managing Risk with Stop-Loss Orders Proper risk management is crucial in any trading strategy. A stop-loss should be set slightly beyond the support level for buy positions and above the resistance level for sell positions, ensuring that losses are contained if the market moves against the trader’s position. 5. Determining Profit Targets Profit targets are typically set based on the distance between entry points and the next support or resistance level. Many traders apply a risk-reward ratio, aiming for larger potential profits compared to the potential losses. However, if the next resistance and support level is far then middle levels are used for targets (i.e. 50% of R1 and R2) 6. Confirmation Through Other Indicators While CPR provides strong support and resistance levels, traders often use additional indicators to confirm potential trade setups. Indicators such as moving averages can help validate the signals provided by the CPR. 7. Monitoring Price Action At CPR Levels Constantly monitoring price movement near CPR levels is essential. If the price fails to break through a resistance level (R1) or holds firm at support (S1), it can offer cues on when to exit or adjust a trade. However, a strong price break past these levels often signals a continued trend. 8. Trading Breakouts with CPR When the price breaks above resistance or below support with strong momentum, it may signal a potential breakout. Traders can capitalize on these movements by entering positions in the direction of the breakout, ideally confirmed by volume or other technical indicators. 9. Adapting to Changing Market Conditions CPR should be used in the context of broader market influences, such as economic reports, news events, or geopolitical shifts. These factors can dramatically affect market direction and how price reacts to CPR levels, making it important to stay informed about external market conditions. 10. Practice and Backtesting for Improvements Like any trading tool, the CPR requires practice. Traders are encouraged to backtest their strategies on historical price data to get a better sense of how CPR works in different market environments. Continuous analysis and practice help improve decision-making and strategy refinement. The Advantages of Using a 10-Line CPR System An extended 10-line CPR system—comprising up to five resistance and five support levels—provides more granular control and insight into market movements. This expanded view helps traders better gauge trends and identify more opportunities for entry and exit. Key benefits include: R2, S2 Levels: These act as secondary resistance or support zones, giving traders additional opportunities to refine their trade entries and exits. R3, S3 Levels: Provide an even wider range for identifying reversals or trend continuations in more volatile markets. Flexibility: The broader range of levels allows traders to adapt to changing market conditions and make more precise decisions based on market momentum. So in Essential: The Central Pivot Range is a valuable tool for traders looking to identify critical price levels in the market. By providing a clear framework for identifying potential support and resistance zones, it helps traders make informed decisions about entering and exiting trades. However, it’s important to combine CPR with sound risk management and additional confirmation through other technical indicators for the best results. Although no trading tool guarantees success, the CPR, when used effectively and combined with practice, can significantly enhance a trader’s ability to navigate market fluctuations.
Pine Script® indicator
by nikhilkdwivedi
8
Panoramic VWAP### Panoramic VWAP Indicator Overview The Panoramic VWAP indicator provides a way to display up to four Volume Weighted Average Price (VWAP) lines on a chart, each anchored to different timeframes. This indicator also includes options for displaying standard deviation bands and close lines, offering a comprehensive view of price action across multiple time horizons. ### Key Features Quad VWAPs : The indicator allows for the display of four VWAP lines simultaneously. Each line can be set to a different timeframe, enabling traders to analyze market conditions across various periods on a single chart. Standard Deviation Bands : Users can enable bands around each VWAP line, which represent standard deviations or percentage levels from the VWAP. These bands help in assessing volatility and identifying potential overbought or oversold conditions. Close Lines : The indicator includes an option to show close lines, marking the price's closing level relative to the VWAP. This feature is useful for examining how the market closes in relation to VWAP, which can be important for understanding trend strength or potential reversals. ### How It Looks VWAP Lines : Multiple VWAP lines are displayed, each reflecting different timeframes. The lines change color depending on whether the price is above or below the VWAP, indicating bullish or bearish momentum. Bands : Optional bands around the VWAP lines provide a visual indication of volatility, with the potential to identify overbought or oversold areas. Close Lines : These lines represent the price's closing level relative to the VWAP and can be displayed to add further context to the analysis. ### How to Use It Trend Analysis : - Price above a VWAP line indicates bullish momentum . - Price below a VWAP line suggests bearish momentum . Support and Resistance : - VWAP lines often act as dynamic support and resistance. Price approaching a VWAP line from above may find support, while approaching from below may encounter resistance. Volatility Assessment : - Bands around the VWAP lines can signal areas of potential reversal. Upper bands may indicate overbought conditions, while lower bands may indicate oversold conditions. Multiple Timeframe Analysis : - The ability to display VWAPs from different timeframes simultaneously allows for the identification of confluence zones, where multiple VWAP levels align, indicating potentially significant support or resistance levels. Customization : - The indicator settings are customizable, allowing users to choose which VWAP lines, bands, and close lines to display, along with adjustments for visual preferences like line thickness and colors. ### Practical Application Intraday Trading : Traders can use the VWAPs and bands to identify potential entry and exit points during the trading day based on price interactions with these levels. Swing Trading : Monitoring VWAP lines across different timeframes can help identify key levels where price might reverse or gain momentum, aiding in decisions about holding or exiting positions. Long-Term Analysis : VWAP lines on higher timeframes can serve as dynamic support or resistance levels, providing context for long-term trend analysis and investment decisions. The Panoramic VWAP indicator allows for a detailed analysis of price trends and levels across multiple timeframes, combining VWAPs, standard deviation bands, and close lines in a single, customizable tool.
Pine Script® indicator
by farkasszilard
2
Session VWAPS [QuantVue]The Session VWAPS indicator is a designed for traders to enhance their trading analysis by incorporating Volume Weighted Average Price (VWAP) anchored to custom-defined trading sessions. This indicator automatically plots VWAPs at three critical points of a user defined session: 🔹session start 🔹session high 🔹session low Additionally, it provides the option to display the VWAPs from previous sessions, offering a look at potential areas of support and resistance. Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst. Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation. VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. Indicator Features: Custom Session Definition: Users can define their own trading sessions by specifying start and end times, allowing for tailored analysis according to individual trading strategies or market hours. Anchored VWAP at Three Key Points: 🔹Session Start VWAP: This VWAP is anchored at the start of the defined session. 🔹Session High VWAP: Anchored at the highest price point within the session. 🔹Session Low VWAP: Anchored at the lowest price point within the session. Previous Session VWAPs: The indicator can display VWAPs from the previous session, allowing traders to spot potential areas of support and resistance. Give this indicator a BOOST and COMMENT your thoughts below! We hope you enjoy. Cheers!
Pine Script® indicator
by QuantVue
5
Periodic Moving AveragesIndicator plots three simple moving averages (MA) that are reset at the beginning of period, specified by a user. Red MA is based on highs Blue MA is based on close Green MA one is based on lows. Moving averages often act as support /resistance levels. They can also help to identify intraday trend. It is important to realize that none of the moving averages is universal as price behavior changes from day to day. On the chart I’ve highlighted several occurrences when one of MAs (different ones) provided support for price. Parameters: PERIOD – period for which MAs are plotted. They are reset at the beginning of each period. Period cannot be lower than chart’s timeframe LENGTH – length of moving averages. If set to 0 then parameter is ignored and MAs are calculated on all bars, available in the period VWAP? – if checked then moving averages will be calculated as volume weighted price Disclaimer This indicator should not be used as a standalone tool to make trading decisions but only in conjunction with other technical analysis methods.
Pine Script® indicator
by hermes_trisme
[KVA] Custom Sessions Custom Sessions: Multi-Timeframe Analysis & Key Level Insights Introduction: Introducing " Custom Sessions," an innovative Pine Script indicator meticulously crafted to empower traders by offering an advanced level of analysis on various global trading sessions. This tool is designed not just to highlight trading sessions but to delve deeper into the nuances of market movements by analyzing candlestick behavior within those sessions, offering a nuanced view of market trends, liquidity, and potential turning points. Core Features : Session Customization : Tailor trading sessions to align with your strategy, focusing on the markets that matter most to you. Whether it's London, New York, Tokyo, Sydney, or Frankfurt, you have the control. Enhanced Market Insight : Beyond session timing, gain a refined understanding of market dynamics through detailed candlestick analysis within each session, providing a granular view of price action. Comprehensive Analysis Tools : Alongside session analysis, the indicator includes features like VWAP (Volume Weighted Average Price) and Fibonacci retracement levels, offering a multifaceted approach to market analysis across chosen timeframes. VWAP : Gain insights into the market's trend and liquidity by viewing the Volume Weighted Average Price calculated for the custom timeframe. Fibonacci Retracement Levels : Easily identify potential reversal points with automatically plotted Fibonacci levels at 0.236, 0.382, 0.5, 0.618, and 0.782for each candle Real-Time Updates : As the market moves, so does " Custom Sessions," offering real-time insights that adapt to the unfolding market conditions. Utilization Guide : Configure Your Sessions : Begin by setting up the sessions that are most relevant to your trading approach, customizing their times as needed. Select the Desired Timeframe : Input your preferred higher timeframe to analyze data that is most relevant to your trading strategy. Dive into the Details : Use the detailed candlestick analysis within sessions to pinpoint potential entry and exit points, supported by VWAP and Fibonacci levels for deeper market insight. Customize Your View : Adjust the visual aspects of the indicator, including session color coding and which elements to display, tailoring the tool to your preferences. Acknowledgements : A special thanks to Aurocks_AIF for their foundational work on "Sessions on Chart" . This project has been an invaluable resource, inspiring the development of " Custom Sessions" and pushing the boundaries of traditional session analysis. Final Thoughts : " Custom Sessions" is more than just an indicator; it's a comprehensive analysis tool that brings a new depth to the understanding of market sessions. By offering detailed insights into the behavior of candles within these sessions, along with essential analysis features, this indicator is a must-have for traders seeking to enhance their technical analysis arsenal. Whether you're a day trader looking to capture short-term movements or a long-term investor seeking broader market insights, this indicator offers valuable data visualization to enhance your trading decisions. By integrating highs, lows, VWAP, and Fibonacci levels into your analysis, you gain a comprehensive view of market behavior across different timeframes and sessions
Pine Script® indicator
by Kamvia
MTF EMASMulti time frame EMA This script will plot the configured EMAS on the current time frame (CTF) and also the same EMAS on a higher time frame (HTF). Hard coded according: * 5m EMAS will be plotted on TF bellow 5m * Daily EMA will be plotted on TF above 5m and bellow 1D * Weekly EMA will be plotted on daily TF * Monthly EMA will be plotted on weekly TF This configuration give us the opportunity to watch EMA support/resistance from HTF on the CTF
Pine Script® indicator
by JoaoKunha
1