Day Trading Session VWAP & Averages

A clean, session‑aware VWAP and Moving Averages indicator designed for intraday traders who want accurate, stable, session‑anchored levels without chart clutter.

This tool tracks RTH VWAP, Overnight VWAP, and VWAP Standard Deviation Bands, resetting cleanly at each session boundary for precise institutional‑style reference levels.

📌 Key Features
Session‑Anchored VWAP

VWAP resets at RTH open
VWAP resets again at RTH close
ON session (PM → AH → Globex PM → Globex AM) uses one continuous VWAP
Fully stable — no shifting when inputs change

VWAP Standard Deviation Bands

Optional ±1σ and ±2σ bands
True variance‑based calculation (not ATR or SMA approximations)
Independent visibility toggles
Cloud shading for fast visual context

Moving Averages

Up to three customizable MAs
EMA or SMA
Independent visibility, length, and color controls
Clean plot() rendering for perfect price‑scale alignment

🎯 Designed For

Futures and equities intraday traders
RTH vs ON session structure analysis
VWAP‑based mean reversion and volatility expansion setups
Traders who want a lightweight, stable indicator without noise or chart clutter

🧠 How It Works
Session logic automatically adapts to equities or futures
VWAP anchor resets at:

RTH open → start of new day VWAP
RTH close → start of ON VWAP

Standard deviation bands are computed from the same anchor for perfect alignment.

Release Notes

Restored user-selectable color picker for VWAP line.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

ech0whiskey

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

ech0whiskey