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Rolling VWAP Levels

Rolling VWAP Levels Indicator

Overview
Dynamic horizontal lines showing rolling Volume Weighted Average Price (VWAP) levels for multiple timeframes (7D, 30D, 90D, 365D) that update in real-time as new bars form.

Who This Is For

Day traders using VWAP as support/resistance
Swing traders analyzing multi-timeframe price structure
Scalpers looking for mean reversion entries
Options traders needing volatility bands for strike selection
Institutional traders tracking volume-weighted fair value
Risk managers requiring dynamic stop levels

How To Trade With It

Mean Reversion Strategies:

Buy when price is below VWAP and showing bullish divergence
Sell when price is above VWAP and showing bearish signals
Use multiple timeframes - enter on shorter, confirm on longer
Target opposite VWAP level for profit taking

Breakout Trading:

Watch for price breaking above/below key VWAP levels with volume
Use 7D VWAP for intraday breakouts
Use 30D/90D VWAP for swing trade breakouts
Confirm breakout with move beyond first standard deviation band

Support/Resistance Trading:

VWAP levels act as dynamic support in uptrends
VWAP levels act as dynamic resistance in downtrends
Multiple timeframe VWAP confluence creates stronger levels
Use standard deviation bands as additional S/R zones

Risk Management:

Place stops beyond next VWAP level
Use standard deviation bands for position sizing
Exit partial positions at VWAP levels
Monitor distance table for overextended moves

Key Features

Real-time Updates: Lines move and extend as new bars form
Individual Styling: Custom colors, widths, styles for each timeframe
Standard Deviation Bands: Optional volatility bands with custom multipliers
Smart Labels: Positioned above, below, or diagonally relative to lines
Distance Table: Shows percentage distance from each VWAP level
Alert System: Get notified when price crosses VWAP levels
Memory Efficient: Automatically cleans up old drawing objects

Settings Explained

Display Group: Show/hide labels, font size, line transparency, positioning
Individual VWAP Groups: Color, line width (1-5), line style for each timeframe
Standard Deviation Bands: Enable bands with custom multipliers (0.5, 1.0, 1.5, 2.0, etc.)
Labels Group: Position (8 options including diagonal), custom text, price display
Additional Info: Distance table, alert conditions

Technical Implementation

Uses rolling arrays to maintain sliding windows of price*volume data. The core calculation function processes both VWAP and standard deviation efficiently. Lines are created dynamically and updated every bar. Memory management prevents object accumulation through automatic cleanup.

Best Practices

Start with 7D and 30D VWAP for most strategies
Add 90D/365D for longer-term context
Use standard deviation bands when volatility matters
Position labels to avoid chart clutter
Enable distance table during high volatility periods
Set alerts for key VWAP level breaks

Market Applications

Forex: Major pairs during London/NY sessions
Stocks: Large cap names with good volume
Crypto: Bitcoin, Ethereum, major altcoins
Futures: ES, NQ, CL, GC with continuous volume
Options: Use SD bands for strike selection and volatility assessment

Nota Keluaran

- Ease of Life Fix on the Lower Timeframes

Nota Keluaran

- Added Session Vwap Levels

Nota Keluaran

- lol

Nota Keluaran

- DPOC VWAP Bug Fix
- Development Mode Added
- Band Fills Added

Nota Keluaran

- 30D Update

Nota Keluaran

- Timeframe Display Fix

Nota Keluaran

- Table fix on 1 m

Nota Keluaran

- Quarterly OPEX
- Omni Alert

Nota Keluaran

- Fixed Alerts Issues

Nota Keluaran

- If You are on Essential Plan , simply disable use aggregated volume

Nota Keluaran

- Fixed Request Security Issue for Users with Low Tier TV Sub

Nota Keluaran

- Returned Displaying Multiple Vwaps on Same Timeframe

Nota Keluaran

- ATR Filter

Nota Keluaran

- DPOC Implementation on Higher Timeframes

Nota Keluaran

- Clean

Nota Keluaran

- Confirmation Mode Added

Nota Keluaran

- OK

Nota Keluaran

- TWAP

Nota Keluaran

- Cleaner TWAP

Nota Keluaran

- MOMO

Nota Keluaran

- Font Update

Nota Keluaran

- Updating Image

Nota Keluaran

- Confirmation mode Update

Nota Keluaran

- Styling

Nota Keluaran

- Winter Cleaning

Nota Keluaran

- Aggregated Volume Anchoring

Nota Keluaran

- Confirmation Clean-up

Nota Keluaran

- Signal Update

Nota Keluaran

- Signal Clean-up

Nota Keluaran

- Cleanup and Session Reset

Nota Keluaran

- Small Touch

Nota Keluaran

- Weekly Reset

Nota Keluaran

- Newer Pivots Confirmation

Nota Keluaran

- Position Sizing

Nota Keluaran

- Minor Sizing Bug

Nota Keluaran

- Tick Chart Support for Session
- Body for Pivots

Nota Keluaran

- Slight Fix for Body Confirmations

Nota Keluaran

- Pivot Fix

Nota Keluaran

- OK

Nota Keluaran

- Fixed Race Issue Causing Calculation Error

Nota Keluaran

- Implemented VWAP Trend System

Nota Keluaran

- Allowed Monthly Anchoring
- Allowed Quarterly Anchoring
- Magnitude Filter Clean-up

Nota Keluaran

- Second Trend

Nota Keluaran

- Fix Trend Alignment Short Trend

Nota Keluaran

- Fixed Anchoring for DPOC

Nota Keluaran

- Patched

Nota Keluaran

- Allow Signals Trend Consolidation

Nota Keluaran

- Fixed Bug Where every candle produced Signals

Nota Keluaran

- Custom VWAP

Nota Keluaran

-some clean

Nota Keluaran

- Fix

Nota Keluaran

- Exponential

Nota Keluaran

- Fixed Issue on Tick Charts

Nota Keluaran

- Bar Fix

Nota Keluaran

- Toggle and Signal Fix

6 hari lalu

Nota Keluaran

- Alert Call Consolidation

5 hari lalu

Nota Keluaran

- Fixed Table Text Color

7 jam lalu

Nota Keluaran

- Optimization
- Session Fix
- Band Trend Anchoring

6 jam lalu

Nota Keluaran

- Label Fix

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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.

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