AMS Adaptive Supertrend Lite – ORB + VWAP 1.0

AMS Adaptive Supertrend Lite – ORB + VWAP

This indicator focuses on providing a clean read of trend, structure, and opening range context without unnecessary complexity. It’s designed for traders who prefer straightforward visual tools that support their own decision-making process.

Consider this a small multi-tool for your basic ORB needs.

Included:
-Supertrend

A simple ATR-based Supertrend for directional context.
You can edit colors, line width, ATR settings, etc.
No signals or automation, just a clear trend reference.

-EMAs

Optional fast and slow EMAs for structural context.
Useful for gauging short-term momentum and slope.

-VWAP

A standard session VWAP.
You can style it however you like (solid, dashed, colored) in the Style tab.

-Opening Range (ORB)

Configurable ORB band including:

ORB duration (in minutes)

Optional RTH-only logic

Adjustable session window

Choice of timeframe used to build the ORB

Automatic hiding on higher timeframes (optional)

The ORB high/low are built on the selected lower timeframe and then displayed on the active chart.

-HTF Bias Shading (Optional)

A simple background tint based on EMA structure on a higher timeframe.
Meant to give gentle context, not trading signals.

Alerts

Two alerts are included:

Supertrend flipping bullish

Supertrend flipping bearish

These are notifications, not calls to action.

Intended Use
This is a visual tool for traders who want clear structure and context on their chart.
It does not provide entries, exits, strategies, or automated logic.

Disclaimer
This script is for educational and informational purposes only.
It is not financial advice, and no performance is guaranteed.
Always test tools for yourself and use proper risk management.