OPEN-SOURCE SCRIPT
VWAP+
I made this VWAP Plus indicator for those of you who need to track institutional average prices and volume pressure all in one place.
The features are split into two main functions.
First is the VWAP with a smoothing option. This makes the lines smoother so you do not get confused by market noise. You can also set up to three layers of band multipliers to find the perfect price bounce.
Second is the Volume Buy and Sell HUD. This feature pulls data straight from lower timeframes to break down the actual volume into pure buy and pure sell. The results show up directly as a simple bar chart in the bottom right corner of your screen.
Using it is super easy. Just check if the candle is near the VWAP line or the bands, then confirm it with the HUD volume table to see if buyers or sellers are dominating the pressure.
Just plug it in to upgrade your trading ammo. Hope it helps you make some easy profit. - Navyraid
The features are split into two main functions.
First is the VWAP with a smoothing option. This makes the lines smoother so you do not get confused by market noise. You can also set up to three layers of band multipliers to find the perfect price bounce.
Second is the Volume Buy and Sell HUD. This feature pulls data straight from lower timeframes to break down the actual volume into pure buy and pure sell. The results show up directly as a simple bar chart in the bottom right corner of your screen.
Using it is super easy. Just check if the candle is near the VWAP line or the bands, then confirm it with the HUD volume table to see if buyers or sellers are dominating the pressure.
Just plug it in to upgrade your trading ammo. Hope it helps you make some easy profit. - Navyraid
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.