OPEN-SOURCE SCRIPT
VWAP (5 min)
VWAP (5 min) is a session-based market structure indicator for futures/equities traders. It automatically plots the key price levels that ICT and institutional traders reference daily:
Session Levels
RTH (Regular Trading Hours) High, Low, and Open — updated live during the 9:30–4:00 PM session
Overnight (ON) High and Low — covers the 5:00 PM–9:30 AM globex session, with a gray background shading during those hours
Initial Balance (IB) High and Low — the first 60 minutes of RTH (9:30–10:30 AM), drawn as a two-tone box
Prior Day Levels
Yesterday's High (YH) and Yesterday's Low (YL) — carried forward from the prior RTH session
VWAP
A 5-minute timeframe VWAP that can be displayed on a 1-minute chart, colored green when trending up and red when trending down
Includes an adjustable Lookahead toggle in the VWAP Settings group — when off (default), VWAP only updates on confirmed 5-min bar closes, which is safe for backtesting and avoids repainting; when on, VWAP updates in real time as the current 5-min bar develops, which is useful for live trading but will repaint on historical bars
Labels
All levels are labeled dynamically at the right edge of the chart and scale their offset based on how many bars are visible
Session Levels
RTH (Regular Trading Hours) High, Low, and Open — updated live during the 9:30–4:00 PM session
Overnight (ON) High and Low — covers the 5:00 PM–9:30 AM globex session, with a gray background shading during those hours
Initial Balance (IB) High and Low — the first 60 minutes of RTH (9:30–10:30 AM), drawn as a two-tone box
Prior Day Levels
Yesterday's High (YH) and Yesterday's Low (YL) — carried forward from the prior RTH session
VWAP
A 5-minute timeframe VWAP that can be displayed on a 1-minute chart, colored green when trending up and red when trending down
Includes an adjustable Lookahead toggle in the VWAP Settings group — when off (default), VWAP only updates on confirmed 5-min bar closes, which is safe for backtesting and avoids repainting; when on, VWAP updates in real time as the current 5-min bar develops, which is useful for live trading but will repaint on historical bars
Labels
All levels are labeled dynamically at the right edge of the chart and scale their offset based on how many bars are visible
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.