PROTECTED SOURCE SCRIPT

ADO - EMA 21, 50, 200 + VWAP (Custom Labels & Offsets)

10
b]Overview
ADO – EMA 21, 50, 200 + VWAP is a clean and practical overlay indicator designed for intraday and swing traders.
It combines multiple customizable EMAs with a VWAP, including clear on-chart labels with adjustable offsets, to keep your chart readable and focused on structure, trend, and mean value.

The script is built for traders who want clarity without clutter and full control over what is displayed.

What This Indicator Shows
• Up to 5 Exponential Moving Averages (EMAs)
• A Volume Weighted Average Price (VWAP)
• Optional price labels for each EMA and VWAP
• Fully customizable colors, line widths, and label offsets

How It Works

EMAs

EMA 21 → Short-term momentum

EMA 50 → Intraday trend direction

EMA 200 → Higher-timeframe bias / market structure

EMA 9 & EMA 100 → Optional fine-tuning EMAs

Each EMA can be:

Enabled or disabled

Styled individually (color & line width)

Labeled directly on the chart with a configurable bar offset

VWAP

Calculated using TradingView’s standard VWAP logic

Based on intraday volume (session VWAP)

Can be shown or hidden

Includes an optional price label with offset

How to Use

Add the indicator to your chart

Open the Settings panel

Enable or disable individual EMAs and VWAP

Adjust:

EMA lengths

Colors and line thickness

Label visibility

Label offset (default: +15 bars to the right)

Best Use Cases
• Intraday trading (crypto, forex, indices)
• Trend identification and pullback entries
• Mean reversion and VWAP reactions
• Clean multi-EMA structure without indicator clutter

Designed For
Traders who value:

Simplicity

Readability

Fast visual decision-making

Notes
This indicator does not generate trade signals.
It is intended as a visual framework to support discretionary trading decisions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.