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FlowScope VWAP Reclaim v1.0
Price crosses VWAP, proves acceptance on the new side, retests or holds the VWAP zone, and then triggers only after confirmation.
This indicator is designed to help traders avoid blindly buying or selling every VWAP cross. Instead, it focuses on structured VWAP reclaim and rejection setups.
What This Indicator Shows
New York open vertical line
Session VWAP
Adaptive VWAP reclaim/rejection zone
Optional VWAP deviation bands
Bullish and bearish VWAP cross markers
VWAP retest/hold markers
Long and short trigger triangles
Extended-from-VWAP warning
VWAP chop-risk logic
Relative volume context
Compact dashboard showing current VWAP state
Main Concept
VWAP acts as a session fair-value reference.
When price is holding above VWAP, buyers may have control of session value.
When price is holding below VWAP, sellers may have control of session value.
This indicator does not treat a simple VWAP cross as a complete trade signal. It waits for:
Price to cross VWAP.
Price to hold on the new side.
Price to retest or defend the VWAP zone.
Price to break the confirmation candle.
Bullish VWAP Reclaim
A bullish VWAP reclaim happens when price moves from below VWAP to above VWAP and then proves it can hold there.
Basic long sequence:
Price crosses above VWAP.
Price holds above VWAP for the selected hold period.
Price retests or defends the VWAP zone.
A bullish retest marker appears.
A green trigger triangle appears if price breaks above the retest candle high.
This suggests sellers failed below fair value and buyers may be taking control.
Bearish VWAP Rejection
A bearish VWAP rejection happens when price moves from above VWAP to below VWAP and then proves it can hold underneath.
Basic short sequence:
Price crosses below VWAP.
Price holds below VWAP for the selected hold period.
Price retests or rejects the VWAP zone from below.
A bearish retest marker appears.
A red trigger triangle appears if price breaks below the retest candle low.
This suggests buyers failed above fair value and sellers may be taking control.
Marker Meanings
VW = VWAP cross
Price crossed VWAP and began a reclaim/rejection watch.
RT = VWAP retest or hold confirmation
Price retested or defended the VWAP zone after crossing.
Green triangle = Long trigger
Price broke above the bullish retest candle high.
Red triangle = Short trigger
Price broke below the bearish retest candle low.
EXT = Extended from VWAP
Price is stretched far from VWAP. This is a warning not to chase without a fresh setup.
CHOP = VWAP chop risk
Price has crossed VWAP repeatedly within the lookback window.
Dashboard States
The dashboard summarizes the current VWAP condition:
WAITING — No active VWAP setup.
LONG WATCH — Price reclaimed VWAP and is being monitored.
SHORT WATCH — Price lost VWAP and is being monitored.
LONG HOLD — Price is holding above VWAP and waiting for long confirmation.
SHORT HOLD — Price is holding below VWAP and waiting for short confirmation.
LONG TRIGGER — Long VWAP reclaim trigger fired.
SHORT TRIGGER — Short VWAP rejection trigger fired.
CHOP RISK — Price is crossing VWAP too often; caution.
EXTENDED — Price is stretched away from VWAP; avoid chasing.
OFF SESSION — Outside the active New York session.
Volume Context
Elevated or strong volume can support a VWAP reclaim or rejection. Weak volume may suggest the move lacks participation.
Best Used For
5-minute charts
New York session
VWAP reclaim setups
VWAP rejection setups
Intraday bias-shift decisions
Important Notes
VWAP can become very noisy when price repeatedly crosses it. During those conditions, the indicator may show chop risk, and signals should be treated with caution.
The strongest VWAP setups usually happen when:
Price clearly loses or reclaims VWAP.
Price holds on the new side.
The retest is controlled.
Volume supports the move.
There is enough room to target at least 1.5R–2R.
The setup is not directly into a major opposing level.
This indicator is designed to help traders avoid blindly buying or selling every VWAP cross. Instead, it focuses on structured VWAP reclaim and rejection setups.
What This Indicator Shows
New York open vertical line
Session VWAP
Adaptive VWAP reclaim/rejection zone
Optional VWAP deviation bands
Bullish and bearish VWAP cross markers
VWAP retest/hold markers
Long and short trigger triangles
Extended-from-VWAP warning
VWAP chop-risk logic
Relative volume context
Compact dashboard showing current VWAP state
Main Concept
VWAP acts as a session fair-value reference.
When price is holding above VWAP, buyers may have control of session value.
When price is holding below VWAP, sellers may have control of session value.
This indicator does not treat a simple VWAP cross as a complete trade signal. It waits for:
Price to cross VWAP.
Price to hold on the new side.
Price to retest or defend the VWAP zone.
Price to break the confirmation candle.
Bullish VWAP Reclaim
A bullish VWAP reclaim happens when price moves from below VWAP to above VWAP and then proves it can hold there.
Basic long sequence:
Price crosses above VWAP.
Price holds above VWAP for the selected hold period.
Price retests or defends the VWAP zone.
A bullish retest marker appears.
A green trigger triangle appears if price breaks above the retest candle high.
This suggests sellers failed below fair value and buyers may be taking control.
Bearish VWAP Rejection
A bearish VWAP rejection happens when price moves from above VWAP to below VWAP and then proves it can hold underneath.
Basic short sequence:
Price crosses below VWAP.
Price holds below VWAP for the selected hold period.
Price retests or rejects the VWAP zone from below.
A bearish retest marker appears.
A red trigger triangle appears if price breaks below the retest candle low.
This suggests buyers failed above fair value and sellers may be taking control.
Marker Meanings
VW = VWAP cross
Price crossed VWAP and began a reclaim/rejection watch.
RT = VWAP retest or hold confirmation
Price retested or defended the VWAP zone after crossing.
Green triangle = Long trigger
Price broke above the bullish retest candle high.
Red triangle = Short trigger
Price broke below the bearish retest candle low.
EXT = Extended from VWAP
Price is stretched far from VWAP. This is a warning not to chase without a fresh setup.
CHOP = VWAP chop risk
Price has crossed VWAP repeatedly within the lookback window.
Dashboard States
The dashboard summarizes the current VWAP condition:
WAITING — No active VWAP setup.
LONG WATCH — Price reclaimed VWAP and is being monitored.
SHORT WATCH — Price lost VWAP and is being monitored.
LONG HOLD — Price is holding above VWAP and waiting for long confirmation.
SHORT HOLD — Price is holding below VWAP and waiting for short confirmation.
LONG TRIGGER — Long VWAP reclaim trigger fired.
SHORT TRIGGER — Short VWAP rejection trigger fired.
CHOP RISK — Price is crossing VWAP too often; caution.
EXTENDED — Price is stretched away from VWAP; avoid chasing.
OFF SESSION — Outside the active New York session.
Volume Context
Elevated or strong volume can support a VWAP reclaim or rejection. Weak volume may suggest the move lacks participation.
Best Used For
5-minute charts
New York session
VWAP reclaim setups
VWAP rejection setups
Intraday bias-shift decisions
Important Notes
VWAP can become very noisy when price repeatedly crosses it. During those conditions, the indicator may show chop risk, and signals should be treated with caution.
The strongest VWAP setups usually happen when:
Price clearly loses or reclaims VWAP.
Price holds on the new side.
The retest is controlled.
Volume supports the move.
There is enough room to target at least 1.5R–2R.
The setup is not directly into a major opposing level.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.