OPEN-SOURCE SCRIPT

Rolling VWAP with Bands (Locked Timeframe)

225
Rolling VWAP with Customizable Bands — Locked Timeframe

This indicator plots a rolling Volume Weighted Average Price (VWAP) over a fixed, user-selected timeframe — so it stays consistent no matter what chart timeframe you’re viewing. Unlike the standard anchored VWAP, this one works like a moving average weighted by volume, providing a smoother, more adaptive central price line that doesn’t reset each session.

It also includes up to three optional deviation bands, each with its own toggle and multiplier setting. The bands are based on standard deviation, helping you quickly identify when price is stretched above or below its mean.

Features:

Locked-timeframe VWAP — calculation stays fixed to your chosen resolution (e.g., 1H, 4H, Daily)

Adjustable lookback length for VWAP calculation

Up to 3 standard deviation bands, each with:

On/Off toggle

Independent multiplier control

Works on any chart timeframe without changing shape

Optional filled shading between bands for clarity

Uses:

Spot overbought/oversold conditions relative to VWAP

Identify dynamic support & resistance

Confirm trend strength or mean reversion setups

Keep a consistent reference line across multiple chart timeframes

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。