OPEN-SOURCE SCRIPT
Updated AMT VWAP [hardi]
█ OVERVIEW
AMT VWAP is a clean, minimalist VWAP indicator with Standard Deviation bands, designed to complement the Auction Market Theory (AMT) trading methodology by Fabio Valentino.
This indicator focuses on one thing and does it well: displaying VWAP and its deviation bands clearly on your chart.
█ FEATURES
- Daily VWAP with automatic reset
- ±1 Standard Deviation bands (cyan)
- ±2 Standard Deviation bands (orange) - extreme zones
- Clean labels that don't clutter your chart
- Info table showing current bias and zone
- Compact Mode for mobile/smartphone users
- Fully customizable colors and settings
- Built-in alerts for all levels
█ HOW TO USE
VWAP (Volume Weighted Average Price) represents the "fair value" where most volume has transacted. In AMT methodology:
BIAS DETERMINATION:
- Price ABOVE VWAP = Bullish bias (buyers in control)
- Price BELOW VWAP = Bearish bias (sellers in control)
TRADING ZONES:
- ±1 SD: Normal deviation zone - potential mean reversion area
- ±2 SD: Extreme zone - high probability reversal area (95%+ reversion rate)
ENTRY STRATEGIES:
1. Trend Following: Buy pullbacks to VWAP in uptrend, sell rallies to VWAP in downtrend
2. Mean Reversion: Fade moves at ±2 SD bands with confirmation
█ RECOMMENDED SETUP
Use this indicator together with:
- TradingView's built-in "SVP HD" (Session Volume Profile) for POC/VAH/VAL levels
- AMT CVD [Fabio] indicator (companion indicator) for order flow analysis
This combination gives you the complete AMT toolkit:
- SVP HD → Key levels (POC, VAH, VAL)
- AMT VWAP → Dynamic support/resistance & bias
- AMT CVD → Aggression, Absorption, Exhaustion signals
█ SETTINGS
Display Settings:
- Compact Mode - Enable for cleaner mobile view
- Show Labels - Toggle level labels
- Label Size - Adjust for your screen
VWAP Settings:
- Band Multipliers - Adjust SD band distance (default: 1.0 and 2.0)
- Colors - Fully customizable
- Line widths - Adjust visibility
Alerts:
- Near VWAP
- Near ±1 SD
- Near ±2 SD (extreme zones)
█ METHODOLOGY
This indicator is based on Auction Market Theory as taught by Fabio Valentino:
"The market is a continuous auction seeking fair value. VWAP represents this fair value dynamically throughout the session. Deviations from VWAP create trading opportunities as price tends to revert to the mean."
Key principles:
- Read, don't predict
- Location over technique
- Evidence-based entries
█ ALERTS
Set alerts for:
- Price approaching VWAP (potential support/resistance)
- Price at ±1 SD (first deviation - watch for reaction)
- Price at ±2 SD (extreme - high probability reversal zone)
█ NOTES
- Works on all timeframes
- Best used on 15m for intraday entries
- VWAP resets daily at market open
- Combine with volume profile for best results
█ CREDITS
Based on Auction Market Theory methodology by Fabio Valentino.
Indicator developed for the trading community.
If you find this useful, please leave a like! 👍
vwap, volume-weighted-average-price, standard-deviation, bands, auction-market-theory, amt, fabio-valentino, mean-reversion, trend-following, intraday, day-trading, support-resistance, fair-value
AMT VWAP is a clean, minimalist VWAP indicator with Standard Deviation bands, designed to complement the Auction Market Theory (AMT) trading methodology by Fabio Valentino.
This indicator focuses on one thing and does it well: displaying VWAP and its deviation bands clearly on your chart.
█ FEATURES
- Daily VWAP with automatic reset
- ±1 Standard Deviation bands (cyan)
- ±2 Standard Deviation bands (orange) - extreme zones
- Clean labels that don't clutter your chart
- Info table showing current bias and zone
- Compact Mode for mobile/smartphone users
- Fully customizable colors and settings
- Built-in alerts for all levels
█ HOW TO USE
VWAP (Volume Weighted Average Price) represents the "fair value" where most volume has transacted. In AMT methodology:
BIAS DETERMINATION:
- Price ABOVE VWAP = Bullish bias (buyers in control)
- Price BELOW VWAP = Bearish bias (sellers in control)
TRADING ZONES:
- ±1 SD: Normal deviation zone - potential mean reversion area
- ±2 SD: Extreme zone - high probability reversal area (95%+ reversion rate)
ENTRY STRATEGIES:
1. Trend Following: Buy pullbacks to VWAP in uptrend, sell rallies to VWAP in downtrend
2. Mean Reversion: Fade moves at ±2 SD bands with confirmation
█ RECOMMENDED SETUP
Use this indicator together with:
- TradingView's built-in "SVP HD" (Session Volume Profile) for POC/VAH/VAL levels
- AMT CVD [Fabio] indicator (companion indicator) for order flow analysis
This combination gives you the complete AMT toolkit:
- SVP HD → Key levels (POC, VAH, VAL)
- AMT VWAP → Dynamic support/resistance & bias
- AMT CVD → Aggression, Absorption, Exhaustion signals
█ SETTINGS
Display Settings:
- Compact Mode - Enable for cleaner mobile view
- Show Labels - Toggle level labels
- Label Size - Adjust for your screen
VWAP Settings:
- Band Multipliers - Adjust SD band distance (default: 1.0 and 2.0)
- Colors - Fully customizable
- Line widths - Adjust visibility
Alerts:
- Near VWAP
- Near ±1 SD
- Near ±2 SD (extreme zones)
█ METHODOLOGY
This indicator is based on Auction Market Theory as taught by Fabio Valentino:
"The market is a continuous auction seeking fair value. VWAP represents this fair value dynamically throughout the session. Deviations from VWAP create trading opportunities as price tends to revert to the mean."
Key principles:
- Read, don't predict
- Location over technique
- Evidence-based entries
█ ALERTS
Set alerts for:
- Price approaching VWAP (potential support/resistance)
- Price at ±1 SD (first deviation - watch for reaction)
- Price at ±2 SD (extreme - high probability reversal zone)
█ NOTES
- Works on all timeframes
- Best used on 15m for intraday entries
- VWAP resets daily at market open
- Combine with volume profile for best results
█ CREDITS
Based on Auction Market Theory methodology by Fabio Valentino.
Indicator developed for the trading community.
If you find this useful, please leave a like! 👍
vwap, volume-weighted-average-price, standard-deviation, bands, auction-market-theory, amt, fabio-valentino, mean-reversion, trend-following, intraday, day-trading, support-resistance, fair-value
Release Notes
VWAP with ±1/±2 Standard Deviation bands and real-time dashboard.FEATURES:
• VWAP + SD bands (customizable multipliers)
• Dashboard: Bias, Zone, Distance from VWAP
• Flexible anchor: Session/Week/Month/Quarter/Year
• Compact mode for mobile
HOW TO USE:
• Price > VWAP = Bullish bias
• Price < VWAP = Bearish bias
• ±2SD = Extreme zones (high reversal probability)
SETTINGS:
• Anchor Period: Session (daily), Week, Month, etc.
• Dashboard: Position & size adjustable
Best paired with AMT CVD [Fabio] for entry timing.
Based on Auction Market Theory by Fabio Valentino.
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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.