OPEN-SOURCE SCRIPT
VWAP Trend Zones + TPSL [Zofesu]

Technical Logic:
This indicator is a comprehensive trend-following and risk-management suite. It combines Multi-Timeframe (MTF) trend analysis with institutional Volume-Weighted Average Price (VWAP) levels and dynamic exit zones.
MTF Trend Engine: The core trend bias is determined on a Higher Timeframe (default: Weekly).
Users can choose between two modes:
Institutional VWAP Layers: The script plots two independent VWAP lines with customizable anchors (Daily, Weekly, Monthly, or Quarterly). These act as "Mean Reversion" levels or dynamic support/resistance zones (Only one activated by default).
Dynamic Risk Mapping (SL/TP): Unlike static pips/points, this script calculates exit levels based on market structure (Swing Highs/Lows) over a lookback period (default: 300 bars). This ensures that Stop Loss and Take Profit levels are placed behind actual technical barriers.
Visuals:
How to Use:
This indicator is a comprehensive trend-following and risk-management suite. It combines Multi-Timeframe (MTF) trend analysis with institutional Volume-Weighted Average Price (VWAP) levels and dynamic exit zones.
MTF Trend Engine: The core trend bias is determined on a Higher Timeframe (default: Weekly).
Users can choose between two modes:
- EMA Cross: A classic crossover between a Fast (90) and Slow (200) EMA.
- HMA Direction: Based on the slope and directional change of the Hull Moving Average for faster trend detection.
Institutional VWAP Layers: The script plots two independent VWAP lines with customizable anchors (Daily, Weekly, Monthly, or Quarterly). These act as "Mean Reversion" levels or dynamic support/resistance zones (Only one activated by default).
Dynamic Risk Mapping (SL/TP): Unlike static pips/points, this script calculates exit levels based on market structure (Swing Highs/Lows) over a lookback period (default: 300 bars). This ensures that Stop Loss and Take Profit levels are placed behind actual technical barriers.
Visuals:
- Primary MTF Line: The main trend filter line. It turns Green during a bullish regime and Red during a bearish regime.
- Secondary MTF Line: Only visible in EMA Cross mode, providing a deeper view of the trend's strength.
- VWAP Lines: Gold (VWAP 1) and White (VWAP 2) lines represent the volume-weighted average price for the selected period.
- Dynamic Levels:
-Purple Line: Dynamic Stop Loss (based on recent swings).
-Blue Line: Dynamic Take Profit (based on opposite swings). - Bar Coloring: Candles are tinted to reflect the MTF trend bias, allowing for instant market sentiment recognition.
How to Use:
- Trend Confirmation: Identify the primary trend via candle colors and the MTF lines. Trade only in the direction of the MTF filter.
- Entry Zones: Look for entries when price is near the VWAP line (Mean Reversion) or after a pullback to the MTF lines within a strong trend. Target TP lines.
- Risk Management: Use the Purple (SL) and Blue (TP) lines to define your trade's risk-to-reward ratio. The "SL Offset" input allows you to add a buffer (in ticks) to protect against liquidity sweeps (wicks).
- Customization: For scalping, lower the Higher Timeframe (e.g., from Weekly to H1). For swing trading, keep the Weekly/Monthly filters for maximum stability.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
Think Act Believe. Use SL. Use BreakEven. Respect the market. Your ego and arrogance can destroy your trading account. Never leave the table unless you have a closed trade or SL/BE. Indicator does not guarantee profit.
discord.gg/FcSJpSvNnv
discord.gg/FcSJpSvNnv
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
Think Act Believe. Use SL. Use BreakEven. Respect the market. Your ego and arrogance can destroy your trading account. Never leave the table unless you have a closed trade or SL/BE. Indicator does not guarantee profit.
discord.gg/FcSJpSvNnv
discord.gg/FcSJpSvNnv
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。