OPEN-SOURCE SCRIPT

DT 20 200 VWAP Combo v2

79
DT 20 200 VWAP Combo is a simple trend and bias tool that combines three core pieces of context on one chart

• Short term momentum with the 20 EMA
• Higher time frame trend with the 200 EMA
• Value with a flexible anchored VWAP

Use it to quickly answer three questions

What is the bigger picture trend

Where is price trading relative to value

Is my entry idea trading with or against that structure

What this indicator does

Plots a 20 EMA for short term momentum

Plots a 200 EMA for overall trend bias

Plots a VWAP that you can anchor in different ways
Session
Daily
Weekly
Monthly
Yearly

Colors the background when price and EMAs agree with the selected VWAP
Bull zone when 20 EMA is above 200 EMA and price is above VWAP
Bear zone when 20 EMA is below 200 EMA and price is below VWAP

Optionally prints labels when
20 EMA crosses above or below 200 EMA
Price crosses above or below the chosen VWAP

How to use it in your process

Set your VWAP anchor
Session if you are intraday focused
Daily or Weekly if you want a cleaner swing bias
Monthly or Yearly for longer swing context

Use the 200 EMA and anchored VWAP as your higher time frame filter
Only look for longs when price is above both
Only look for shorts when price is below both

Use the 20 EMA as your timing tool
Look for entries in the direction of the background color
Avoid trades that fight both EMAs and VWAP at the same time

This is not a complete trading system by itself

It is a context and confluence tool that works best when combined with your own price action and liquidity model such as structure shifts, sweeps, or a pattern based entry

Nothing in this script is financial advice

Always test and refine any idea in a demo environment and in a written plan before risking real capital

免责声明

这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。