VWAP Bands Pro

4天前

Disclaimer: This script is for educational purposes only and is not financial advice. Trading involves risk, and users are responsible for their own decisions.

VWAP Bands Pro is a professional volatility tool that anchors the Volume Weighted Average Price to a chosen timeframe and projects standard deviation bands to reveal stretched price zones.

Key Features

• Anchored Precision: Calculates VWAP from a fixed anchor period (default: Daily) for a clean institutional reference point.
  Standard Deviation Bands: Plots 1s, 2s, and 3s bands to show volatility. Moves into the outer bands often point to exhaustion or possible reversal areas.
  Glowing Gradient Design: Uses a premium multi step gradient that fades outward, making extreme zones easy to spot.
  Clean Visuals: Prioritizes smooth gradient fills instead of crowding the chart with heavy lines.
  

How to Use

• Anchor Period: Select the timeframe you want the tool to follow. Daily works well for intraday setups, while Weekly or Monthly suits swing trades.
  Strategy: Watch for mean reversion setups when price moves into the 2s to 3s outer zones and starts to reject, aiming for a return toward the central VWAP.
  

4天前

版本注释

Fix labels not updating

3天前

版本注释

Add optional toggle to hide bands and only show the VWAP.

前天

版本注释

Add VWAP time anchor to Label