OPEN-SOURCE SCRIPT

VWAP 3 Signals

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VWAP D/W/M Dashboard is a simple trend / bias dashboard that compares the current price against three anchored VWAP levels:

Daily VWAP

Weekly VWAP

Monthly VWAP

A compact table is displayed in the top-right corner of the chart with 5 rows and 2 columns (Instrument / Status).
For each VWAP timeframe, the script shows:

Bullish → price is above the VWAP

Bearish → price is below the VWAP

In addition, the dashboard includes volatility-based market balance readings using ±1 Standard Deviation bands around the anchored VWAP for:

Weekly STD

Monthly STD

STD logic:

Balanced market → price is inside the ±1 deviation zone

Bullish → price is above +1 deviation

Bearish → price is below −1 deviation

What it’s used for

This tool helps you quickly identify:

multi-timeframe VWAP alignment (trend bias / direction)

whether the market is trending (outside ±1 STD) or balanced/ranging (inside ±1 STD)

It’s designed as a fast “at-a-glance” confirmation panel you can keep on screen while trading.

Notes

VWAP levels are calculated as anchored VWAPs that reset on each new day/week/month.

The dashboard is meant for decision support, not as standalone financial advice.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.