OPEN-SOURCE SCRIPT
NY Session VWAP with Angle

Indicator Title: NY Session VWAP with Real-Time Slope (Angle)📊 OverviewThis indicator provides a specialized Volume Weighted Average Price (VWAP) specifically anchored to the New York Session. Unlike standard VWAPs that reset at the daily open, this tool is designed for intraday traders who focus on the high-liquidity NY window, allowing for a "fresh" calculation of institutional value from the opening bell of the New York exchange.What sets this script apart is the integrated Slope Angle calculation, which quantifies the momentum and strength of the trend in degrees ($^\circ$).🔍 Key FeaturesNY Session Anchor: Automatically detects and resets the VWAP calculation at the start of the New York session (default 09:30 - 16:00 ET).Real-Time Angle Calculation: Uses a trigonometric arc-tangent function to calculate the mathematical slope of the VWAP line over a user-defined lookback period.Visual Momentum Labels: A dynamic label tracks the leading edge of the VWAP, turning Green during bullish steepening and Red during bearish acceleration.Customizable Lookback: Adjust the "Angle Lookback" to filter out noise. A shorter lookback is highly reactive, while a longer lookback provides a smoothed "trend strength" reading.💡 How to UseTrend Confirmation: When the VWAP angle is consistently above $20^\circ$ or below $-20^\circ$, it indicates a strong trending environment.Mean Reversion: In a "flat" market (Angle near $0^\circ$), price tends to oscillate around the VWAP.Institutional Entry: Watch for price to pull back to the NY VWAP during a high-angle trend for high-probability "buy the dip" or "sell the rip" opportunities.⚙️ SettingsUTC Offset: Adjust this to match your local time or the exchange time (e.g., UTC-5 for New York).Session Time: Define the exact hours you want the VWAP to calculate.Angle Lookback: Defines the number of bars used to calculate the slope.📝 Transparency & NotesMathematical Disclaimer: Please note that the "Angle" is calculated based on Price-over-Time (Price/Bars). Visual angles on the chart may vary depending on your screen scaling and zoom level.No Repainting: This indicator calculates in real-time and does not repaint historical values.
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開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
dany
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。