OPEN-SOURCE SCRIPT
9 EMA / VWAP + Sessions [NQ/MNQ]
A combined trend bias and session awareness indicator built specifically for NQ/MNQ futures trading on the 5-minute chart.
9 EMA / VWAP Signal System:
Uses the crossover of the 9-period EMA and VWAP (Volume Weighted Average Price) to identify potential trend shifts with three-condition confirmation:
The cross — 9 EMA crosses above or below VWAP, signaling a shift in short-term momentum relative to the day's volume-weighted price
Price filter — price must be on the correct side of VWAP at the time of the cross. No longing below VWAP, no shorting above it
Slope confirmation — the 9 EMA must be actively rising for longs and falling for shorts, ensuring momentum is genuine and not just a flat cross
When all three conditions align a ▲ LONG or ▼ SHORT label fires on the chart. Crosses that don't meet all conditions appear as a small faded ⚠ label so you can see what was filtered and learn from it.
The background color reflects current bias at a glance — green when the 9 EMA is above VWAP, red when below. Optional VWAP standard deviation bands can be toggled on as natural support and resistance targets.
Key MNQ Session Times:
Vertical lines mark the six most important time events for MNQ futures traders:
⚡ 6:00 PM ET — Futures reopen, sets overnight direction
📊 8:30 AM ET — Economic data releases, expect volatility spikes
🗽 9:30 AM ET — NY cash open, highest volume of the day, strongest signals
🍽 12:00 PM ET — Lunch lull, volume dries up, choppy price action
📈 2:00 PM ET — Afternoon session, second momentum window of the day
🔔 4:00 PM ET — NY cash close, sharp moves common
All session lines and labels are fully toggleable individually. A subtle background highlight marks the core NY session from 9:30 AM to 4:00 PM ET.
Best used as a confluence tool — when a 9 EMA / VWAP signal fires near a key session open, especially the NY open or 8:30 AM data window, that's your highest probability setup of the day.
BUILT WITH CLAUDE AI
9 EMA / VWAP Signal System:
Uses the crossover of the 9-period EMA and VWAP (Volume Weighted Average Price) to identify potential trend shifts with three-condition confirmation:
The cross — 9 EMA crosses above or below VWAP, signaling a shift in short-term momentum relative to the day's volume-weighted price
Price filter — price must be on the correct side of VWAP at the time of the cross. No longing below VWAP, no shorting above it
Slope confirmation — the 9 EMA must be actively rising for longs and falling for shorts, ensuring momentum is genuine and not just a flat cross
When all three conditions align a ▲ LONG or ▼ SHORT label fires on the chart. Crosses that don't meet all conditions appear as a small faded ⚠ label so you can see what was filtered and learn from it.
The background color reflects current bias at a glance — green when the 9 EMA is above VWAP, red when below. Optional VWAP standard deviation bands can be toggled on as natural support and resistance targets.
Key MNQ Session Times:
Vertical lines mark the six most important time events for MNQ futures traders:
⚡ 6:00 PM ET — Futures reopen, sets overnight direction
📊 8:30 AM ET — Economic data releases, expect volatility spikes
🗽 9:30 AM ET — NY cash open, highest volume of the day, strongest signals
🍽 12:00 PM ET — Lunch lull, volume dries up, choppy price action
📈 2:00 PM ET — Afternoon session, second momentum window of the day
🔔 4:00 PM ET — NY cash close, sharp moves common
All session lines and labels are fully toggleable individually. A subtle background highlight marks the core NY session from 9:30 AM to 4:00 PM ET.
Best used as a confluence tool — when a 9 EMA / VWAP signal fires near a key session open, especially the NY open or 8:30 AM data window, that's your highest probability setup of the day.
BUILT WITH CLAUDE AI
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.