OPEN-SOURCE SCRIPT
Triple Anchored VWAP [D/W/M]
Triple Anchored VWAP [D/W/M]
Institutional-grade volume-weighted average price analysis across three timeframes — all in one clean, customizable indicator.
This script plots three independently anchored VWAPs that reset at the start of each session, week, and month. Each VWAP acts as a dynamic fair-value level, showing where the average trader has been positioned over that period weighted by actual volume — making them far more meaningful than simple moving averages.
─── What's included ───
• Daily VWAP — resets every session, ideal for intraday and short-term traders
• Weekly VWAP — tracks fair value over the rolling week, great for swing setups
• Monthly VWAP — macro-level mean reversion and trend bias reference
Each VWAP includes:
→ 2 standard deviation bands (Band 1 and Band 2) with adjustable multipliers
→ Full color customization for the VWAP line and both deviation bands
→ Adjustable line width per timeframe
→ Toggle visibility of each VWAP and its bands independently
→ End-of-line labels (D-VWAP / W-VWAP / M-VWAP) so you always know what you're looking at
→ Source selection (HLC3, close, open, HL2, etc.)
─── Alerts ───
6 built-in alert conditions — price cross above and below each of the three VWAPs. Set them up in TradingView's Alerts menu and never miss a key level again.
─── How to use it ───
The deviation bands act as dynamic support and resistance. Price hugging the VWAP = balanced market. Price stretched toward Band 2 = extended, watch for reversion. A clean break and hold above the Weekly or Monthly VWAP often signals a shift in trend bias.
Works best on intraday charts (1m–4H) for the Daily VWAP, and daily/weekly charts for the Weekly and Monthly levels.
─── Settings ───
All three VWAPs are fully independent — toggle them on/off, adjust colors, band multipliers, line width, source, and labels separately. No clutter, just the levels you want.
Open-source and free for the community. Feedback and suggestions welcome.
Institutional-grade volume-weighted average price analysis across three timeframes — all in one clean, customizable indicator.
This script plots three independently anchored VWAPs that reset at the start of each session, week, and month. Each VWAP acts as a dynamic fair-value level, showing where the average trader has been positioned over that period weighted by actual volume — making them far more meaningful than simple moving averages.
─── What's included ───
• Daily VWAP — resets every session, ideal for intraday and short-term traders
• Weekly VWAP — tracks fair value over the rolling week, great for swing setups
• Monthly VWAP — macro-level mean reversion and trend bias reference
Each VWAP includes:
→ 2 standard deviation bands (Band 1 and Band 2) with adjustable multipliers
→ Full color customization for the VWAP line and both deviation bands
→ Adjustable line width per timeframe
→ Toggle visibility of each VWAP and its bands independently
→ End-of-line labels (D-VWAP / W-VWAP / M-VWAP) so you always know what you're looking at
→ Source selection (HLC3, close, open, HL2, etc.)
─── Alerts ───
6 built-in alert conditions — price cross above and below each of the three VWAPs. Set them up in TradingView's Alerts menu and never miss a key level again.
─── How to use it ───
The deviation bands act as dynamic support and resistance. Price hugging the VWAP = balanced market. Price stretched toward Band 2 = extended, watch for reversion. A clean break and hold above the Weekly or Monthly VWAP often signals a shift in trend bias.
Works best on intraday charts (1m–4H) for the Daily VWAP, and daily/weekly charts for the Weekly and Monthly levels.
─── Settings ───
All three VWAPs are fully independent — toggle them on/off, adjust colors, band multipliers, line width, source, and labels separately. No clutter, just the levels you want.
Open-source and free for the community. Feedback and suggestions welcome.
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.