OPEN-SOURCE SCRIPT
VWAP 3 Signals
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.
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.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.