OPEN-SOURCE SCRIPT
Updated VWAP daily, weekly, monthly, yearly
VWAP Multi-Timeframe with Colored Corridors
This indicator provides a comprehensive View Weighted Average Price (VWAP) analysis across multiple timeframes, featuring highly customizable visual zones and individual label controls.
🚀 Key Features
📅 Multi-Timeframe Analysis
Track Daily, Weekly, Monthly, and Yearly VWAP simultaneously on a single chart.
Compare short-term intraday value with long-term structural trends effortlessly.
📊 Dynamic Standard Deviation Bands
Includes 3 levels of Standard Deviation (1σ, 2σ, 3σ) to identify overextended or value areas.
Colored Corridors: Features background fills between bands to visualize "value zones" (Inner, Middle, and Outer).
Default Focus: Optimized by default to highlight the Outer 2-3σ corridor in a sleek blue shade (#6d94fe) at 7% opacity for a premium, non-cluttered look.
🎨 Total Visual Control
Independent Labels: Every VWAP label (Daily, Weekly, etc.) can have its own color, position, and offset.
Visibility Toggles: Easily toggle individual VWAP lines or specific corridor fills on/off to suit your strategy.
Modern UI: Clean, auto-updating price labels prefixed with "VWAP" for instant clarity.
🛠️ How to Use
Identify Value: Use the standard deviation corridors to spot potential reversals or trend continuations.
Contextualize Trend: Observe how the shorter-term VWAP interacts with Monthly or Yearly levels to gauge overall market sentiment.
Customize: Head to the "Settings > Inputs" tab to adjust the transparency of the corridors or change the label colors to match your favorite theme.
Perfect for day traders and swing traders looking for a professional-grade VWAP toolkit.
This indicator provides a comprehensive View Weighted Average Price (VWAP) analysis across multiple timeframes, featuring highly customizable visual zones and individual label controls.
🚀 Key Features
📅 Multi-Timeframe Analysis
Track Daily, Weekly, Monthly, and Yearly VWAP simultaneously on a single chart.
Compare short-term intraday value with long-term structural trends effortlessly.
📊 Dynamic Standard Deviation Bands
Includes 3 levels of Standard Deviation (1σ, 2σ, 3σ) to identify overextended or value areas.
Colored Corridors: Features background fills between bands to visualize "value zones" (Inner, Middle, and Outer).
Default Focus: Optimized by default to highlight the Outer 2-3σ corridor in a sleek blue shade (#6d94fe) at 7% opacity for a premium, non-cluttered look.
🎨 Total Visual Control
Independent Labels: Every VWAP label (Daily, Weekly, etc.) can have its own color, position, and offset.
Visibility Toggles: Easily toggle individual VWAP lines or specific corridor fills on/off to suit your strategy.
Modern UI: Clean, auto-updating price labels prefixed with "VWAP" for instant clarity.
🛠️ How to Use
Identify Value: Use the standard deviation corridors to spot potential reversals or trend continuations.
Contextualize Trend: Observe how the shorter-term VWAP interacts with Monthly or Yearly levels to gauge overall market sentiment.
Customize: Head to the "Settings > Inputs" tab to adjust the transparency of the corridors or change the label colors to match your favorite theme.
Perfect for day traders and swing traders looking for a professional-grade VWAP toolkit.
Release Notes
🔴 Correctionsversion=6 — migration complète
Fonction VWAP simplifiée et nettoyée, variables internes renommées pour éviter les conflits de namespace
🟠 Logique enrichie
Bandes σ sur TF configurable — au lieu d'être forcées sur le Daily, les bandes peuvent maintenant être liées au VWAP Journalier, Hebdo, Mensuel ou Annuel via un input dédié
Détection de confluence multi-TF — surlignage de fond violet quand ≥ 2 VWAPs sont à moins de X% l'un de l'autre (seuil configurable). C'est le point le plus actionnable : ces clusters sont des zones de S/R institutionnel majeures
Niveau σ en temps réel — calcul continu de la distance du prix en nombre d'écarts-types par rapport au VWAP de référence
Score de biais (0–4) — compte combien de VWAPs le prix est au-dessus
🟡 Visuel enrichi
Couleurs distinctes par TF (jaune J, cyan H, orange M, rose A) — fini tout en gris
Labels avec distance % — chaque label affiche le prix + l'écart en % entre le prix actuel et ce VWAP, avec signe + ou −
🟢 Dashboard (bas gauche, 3 colonnes)
Position (DESSUS/DESSOUS), distance %, biais global avec label textuel, niveau σ + indicateur confluence
📢 12 alertes distinctes
Croisement haussier/baissier × 4 VWAPs, biais bull/bear max, entrée zone extrême >2.5σ, et apparition d'une nouvelle confluence
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.
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
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.
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.