OPEN-SOURCE SCRIPT
Smart Multi-Period [SVT]
🔷 VWAP CONFLUENCE ENGINE — Smart Multi-Period
An institutional-grade VWAP indicator designed around one core
idea: confluences between multiple timeframe Value Areas are the
highest-probability levels in the market.
⚙️ HOW IT WORKS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The indicator automatically selects the two most relevant VWAP
periods for your current timeframe:
📊 12H / Daily / Weekly → Annual VWAP
📊 4H / 8H → Quarterly VWAP
📊 1H / 2H → Monthly VWAP
📊 15M → Weekly VWAP
📊 5M / 3M / 1M → Session VWAP
No configuration needed. Just add it and trade.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔥 CONFLUENCE ENGINE
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Automatically detects when DVAH, VWAP or DVAL levels from
different periods align within a configurable threshold.
Confluence zones are highlighted with dynamic boxes — the
stronger the confluence, the more visible the zone.
When price enters a confluence zone, the chart background
changes color as a real-time visual cue.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📐 MATURITY RULES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
A VWAP with only 1-2 bars of data is statistically unreliable.
This indicator only displays a VWAP once it has accumulated
enough volume to be meaningful:
• Weekly → from Tuesday (2nd trading day)
• Monthly → from Day 10
• Quarterly→ from the 2nd month of the quarter
• Annual → from Q2 (April)
Historical periods are always displayed in full.
Only the current active period applies the maturity rule.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 DASHBOARD
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Real-time panel showing all active levels with:
▲ / ▼ Price position relative to each level
📍 Exact price of each level
% Distance from current price
⚡ Confluence indicator per level
◀ Nearest level to current price
✓ IVA / ↑↓ OVA Value Area status
⏳ Maturity countdown for active periods
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🚨 ALERTS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built-in alerts for:
• Price crosses VWAP / DVAH / DVAL (both periods)
• Price enters a Confluence Zone
Compatible with TradingView's alert manager via alertcondition().
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚡ KEY FEATURES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ Auto-Adaptive period selection
✅ Manual period override
✅ ATR-based confluence zone sizing
✅ IVA / OVA Value Area status
✅ Previous period zones (PDVAH / PDVAL / PDVWAP)
✅ Real-time level labels with price values
✅ Line width by period importance
✅ Fully customizable colors per period
✅ Works on all markets and timeframes
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📖 HOW TO READ IT
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
• VWAP line: green = price above, red = price below
• DVA fill: the area between DVAH and DVAL (Value Area)
• ⚡ in dashboard: this level has a confluence
• Yellow box on chart: active confluence zone
• Yellow background: price currently inside confluence zone
• IVA ✓: price is inside the Value Area (balanced market)
• OVA ↑/↓: price is outside the Value Area (trending)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Based on the original VWAP Salvatierra framework.
Built for traders who use VWAP as a primary tool.
An institutional-grade VWAP indicator designed around one core
idea: confluences between multiple timeframe Value Areas are the
highest-probability levels in the market.
⚙️ HOW IT WORKS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The indicator automatically selects the two most relevant VWAP
periods for your current timeframe:
📊 12H / Daily / Weekly → Annual VWAP
📊 4H / 8H → Quarterly VWAP
📊 1H / 2H → Monthly VWAP
📊 15M → Weekly VWAP
📊 5M / 3M / 1M → Session VWAP
No configuration needed. Just add it and trade.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🔥 CONFLUENCE ENGINE
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Automatically detects when DVAH, VWAP or DVAL levels from
different periods align within a configurable threshold.
Confluence zones are highlighted with dynamic boxes — the
stronger the confluence, the more visible the zone.
When price enters a confluence zone, the chart background
changes color as a real-time visual cue.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📐 MATURITY RULES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
A VWAP with only 1-2 bars of data is statistically unreliable.
This indicator only displays a VWAP once it has accumulated
enough volume to be meaningful:
• Weekly → from Tuesday (2nd trading day)
• Monthly → from Day 10
• Quarterly→ from the 2nd month of the quarter
• Annual → from Q2 (April)
Historical periods are always displayed in full.
Only the current active period applies the maturity rule.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📊 DASHBOARD
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Real-time panel showing all active levels with:
▲ / ▼ Price position relative to each level
📍 Exact price of each level
% Distance from current price
⚡ Confluence indicator per level
◀ Nearest level to current price
✓ IVA / ↑↓ OVA Value Area status
⏳ Maturity countdown for active periods
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
🚨 ALERTS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Built-in alerts for:
• Price crosses VWAP / DVAH / DVAL (both periods)
• Price enters a Confluence Zone
Compatible with TradingView's alert manager via alertcondition().
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
⚡ KEY FEATURES
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✅ Auto-Adaptive period selection
✅ Manual period override
✅ ATR-based confluence zone sizing
✅ IVA / OVA Value Area status
✅ Previous period zones (PDVAH / PDVAL / PDVWAP)
✅ Real-time level labels with price values
✅ Line width by period importance
✅ Fully customizable colors per period
✅ Works on all markets and timeframes
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
📖 HOW TO READ IT
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
• VWAP line: green = price above, red = price below
• DVA fill: the area between DVAH and DVAL (Value Area)
• ⚡ in dashboard: this level has a confluence
• Yellow box on chart: active confluence zone
• Yellow background: price currently inside confluence zone
• IVA ✓: price is inside the Value Area (balanced market)
• OVA ↑/↓: price is outside the Value Area (trending)
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Based on the original VWAP Salvatierra framework.
Built for traders who use VWAP as a primary tool.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
סקריפט קוד פתוח
ברוח האמיתית של TradingView, יוצר הסקריפט הזה הפך אותו לקוד פתוח, כך שסוחרים יוכלו לעיין בו ולאמת את פעולתו. כל הכבוד למחבר! אמנם ניתן להשתמש בו בחינם, אך זכור כי פרסום חוזר של הקוד כפוף ל־כללי הבית שלנו.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.