VWAP Reclaim Signals [bitpunk]
VWAP Reclaim Signals [bitpunk]
A cross of VWAP can disappear quickly. VWAP Reclaim waits for a second price step: cross the line, hold that side, then close beyond a level set by the crossing candle.
How to use it 🧭
A close at or through VWAP cancels the pending setup; a wick-only test is allowed. Confirmation must arrive within five following candles by default. A new anchor ends the watch earlier. An overextended confirmation is skipped without a later catch-up entry; another fresh cross is needed.
Read the chart 📊
The main line is HLC3 VWAP: typical price weighted by chart volume from the anchor's start. The narrow shaded envelope is visual context, not an entry zone. A dotted line is the crossing candle's fixed gate. The optional dashed limit follows completed VWAP values and shows the maximum permitted entry distance, not a target.
Useful settings ⚙️
On 1D, a weekly anchor leaves fewer candles for follow-through than a monthly anchor. Other daily multiples and weekly/monthly charts are unsupported.
Alerts and data 🔔
Use Any alert() function call for both directions, or Long Entry / Short Entry for one side. Enable Signals off hides entries and mutes alerts while the VWAP reference remains. Structure/panel controls and Normal / Enhanced are cosmetic. Recreate alerts after source or input changes.
Use standard time-based candles and reliable volume. Data must include an exact anchor opening and enough history for the 20-range scale. A partial anchor is skipped; missing/negative volume invalidates it until the next reset. A zero-volume candle cancels a pending entry.
Daily VWAP here weights daily candles, not individual intraday trades. Results depend on the feed and session; reclaiming VWAP does not guarantee continuation. This independent MPL-2.0 implementation adds a fixed price gate to the anchored VWAP cross.
A cross of VWAP can disappear quickly. VWAP Reclaim waits for a second price step: cross the line, hold that side, then close beyond a level set by the crossing candle.
How to use it 🧭
- Check the anchor. Intraday charts restart VWAP each exchange day. On a standard 1D chart, Daily Anchor defaults to Month; Week is optional. The panel shows which anchor is active.
- Wait for a fresh cross. A close moving from at/below VWAP to above it prepares a long. The crossing candle sets a fixed price gate; it does not create an entry yet.
- Wait for follow-through. A later close above that gate, still above VWAP and within the entry-distance limit, produces a white ▲. A downside cross followed by a later break below its gate produces ▼.
A close at or through VWAP cancels the pending setup; a wick-only test is allowed. Confirmation must arrive within five following candles by default. A new anchor ends the watch earlier. An overextended confirmation is skipped without a later catch-up entry; another fresh cross is needed.
Read the chart 📊
The main line is HLC3 VWAP: typical price weighted by chart volume from the anchor's start. The narrow shaded envelope is visual context, not an entry zone. A dotted line is the crossing candle's fixed gate. The optional dashed limit follows completed VWAP values and shows the maximum permitted entry distance, not a target.
Useful settings ⚙️
- Body Confirmation — on. Long uses the crossing candle's body high; short uses its body low. Off selects the wick high/low. The body rule can confirm earlier, including weaker moves.
- Acceptance Window — 5. Longer allows more following candles, but never extends across the anchor reset.
- Max Entry Extension (TR) — 1. Limits the entry close's distance from current VWAP using the mean of 20 true ranges before the cross. Zero disables the cap and can admit distant entries.
On 1D, a weekly anchor leaves fewer candles for follow-through than a monthly anchor. Other daily multiples and weekly/monthly charts are unsupported.
Alerts and data 🔔
Use Any alert() function call for both directions, or Long Entry / Short Entry for one side. Enable Signals off hides entries and mutes alerts while the VWAP reference remains. Structure/panel controls and Normal / Enhanced are cosmetic. Recreate alerts after source or input changes.
Use standard time-based candles and reliable volume. Data must include an exact anchor opening and enough history for the 20-range scale. A partial anchor is skipped; missing/negative volume invalidates it until the next reset. A zero-volume candle cancels a pending entry.
Daily VWAP here weights daily candles, not individual intraday trades. Results depend on the feed and session; reclaiming VWAP does not guarantee continuation. This independent MPL-2.0 implementation adds a fixed price gate to the anchored VWAP cross.
Open research and indicators on stocks and crypto. Explore the work at bitpunk.io
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.
Open research and indicators on stocks and crypto. Explore the work at bitpunk.io
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.