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VWAP Cloud
The VWAP Cloud is a dynamic intraday/rolling VWAP indicator with customizable standard deviation bands.
It helps traders identify value zones, overbought/oversold areas, and trend bias based on whether price is trading above or below the VWAP.
VWAP (Volume-Weighted Average Price) acts as a fair-value benchmark.
Inner Cloud (±1 stdev by default) highlights short-term deviations from VWAP.
Outer Cloud (±2 stdev by default) shows extreme zones where reversals or continuation moves are more likely.
Cloud colors adjust dynamically:
🟩 Green = VWAP is rising (bullish bias)
🟥 Red = VWAP is falling (bearish bias)
🩶 Gray Outer Cloud = volatility envelope
This makes the VWAP Cloud useful for scalpers, day traders, and swing traders alike.
⚙️ Inputs & Settings
VWAP Source → Price input for VWAP calculation (default: hlc3).
Reset each session → ON = Session VWAP (resets daily), OFF = Rolling VWAP.
Stdev Lookback → Window length for standard deviation calculation.
Inner Band Multiplier → Width of the first (inner) band.
Outer Band Multiplier → Width of the second (outer) band.
Show VWAP Midline → Toggle the VWAP line on/off.
Cloud Colors → Customize bullish, bearish, and neutral shading.
📊 How to Use
Add VWAP Cloud to your chart.
Choose between Session VWAP (intraday resets) or Rolling VWAP (continuous).
Use Inner Cloud as a short-term fair value zone:
Price inside = balanced trading.
Breakouts above/below = possible momentum continuation.
Watch Outer Cloud for extremes:
Price reaching outer bands often signals exhaustion or potential reversals.
Trend bias:
Price above VWAP = bullish bias.
Price below VWAP = bearish bias.
⚠️ Disclaimer: This tool is for educational purposes. Always combine it with proper risk management and other confluence factors.
It helps traders identify value zones, overbought/oversold areas, and trend bias based on whether price is trading above or below the VWAP.
VWAP (Volume-Weighted Average Price) acts as a fair-value benchmark.
Inner Cloud (±1 stdev by default) highlights short-term deviations from VWAP.
Outer Cloud (±2 stdev by default) shows extreme zones where reversals or continuation moves are more likely.
Cloud colors adjust dynamically:
🟩 Green = VWAP is rising (bullish bias)
🟥 Red = VWAP is falling (bearish bias)
🩶 Gray Outer Cloud = volatility envelope
This makes the VWAP Cloud useful for scalpers, day traders, and swing traders alike.
⚙️ Inputs & Settings
VWAP Source → Price input for VWAP calculation (default: hlc3).
Reset each session → ON = Session VWAP (resets daily), OFF = Rolling VWAP.
Stdev Lookback → Window length for standard deviation calculation.
Inner Band Multiplier → Width of the first (inner) band.
Outer Band Multiplier → Width of the second (outer) band.
Show VWAP Midline → Toggle the VWAP line on/off.
Cloud Colors → Customize bullish, bearish, and neutral shading.
📊 How to Use
Add VWAP Cloud to your chart.
Choose between Session VWAP (intraday resets) or Rolling VWAP (continuous).
Use Inner Cloud as a short-term fair value zone:
Price inside = balanced trading.
Breakouts above/below = possible momentum continuation.
Watch Outer Cloud for extremes:
Price reaching outer bands often signals exhaustion or potential reversals.
Trend bias:
Price above VWAP = bullish bias.
Price below VWAP = bearish bias.
⚠️ Disclaimer: This tool is for educational purposes. Always combine it with proper risk management and other confluence factors.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.