OPEN-SOURCE SCRIPT

MA Cloud with VWAP thresholds

59
MA Cloud with VWAP Thresholds (MAC & VHOLDS)

This indicator combines a multi-EMA trend cloud with VWAP Fibonacci deviation bands to give traders a dual perspective on trend strength and reversal opportunities.

🔹 EMA Cloud & ADX Trend Filter

Plots EMA 9, 21, and 50 as a cloud to highlight bullish (green), bearish (red), or neutral (yellow) market conditions.

EMA 200 is color-coded using ADX + DI to confirm trend strength:

🟢 Green = strong bullish trend

🔴 Red = strong bearish trend

🟡 Yellow = weak/neutral trend

Optional gray background appears when ADX is below threshold, signaling weak momentum.

Automatic alerts fire when EMA alignment shifts bullish, bearish, or neutral.

🔹 VWAP with Fibonacci Deviations

Weekly VWAP is calculated with rolling volume integration.

Fibonacci deviation bands (±1.618 and ±2.618) are plotted as support and resistance zones.

Zones are shaded for clear visualization of upper and lower extremes.

🔹 Bullish & Bearish Signals

✅ Bullish signal: Price dips near the lower VWAP deviation band (Fib −1 to −2) with strong deviation.

❌ Bearish signal: Price tests the upper VWAP deviation band (Fib +1 to +2) with strong deviation.

Both signals are marked with chart shapes (green triangle up / red triangle down) and can trigger alerts.

Use case:
This tool is designed for traders who want both a trend-following framework (EMA cloud with ADX filter) and mean-reversion entries (VWAP deviation signals) in one indicator. It works across multiple markets (Forex, Crypto, Futures) and is most effective when combined with price action or volume confirmation.

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。