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GlobalMarketSignals
Aug 31, 2020 12:26 AM

GMS: VWAP with Percent Bands 

E-mini S&P 500 FuturesCME

Description

This is a pretty straight-forward script. I just wanted to see percent bands around the VWAP after looking at the standard deviation bands for a while and even dabbling with keltner channels. This is the cleanest in my opinion. The script is open so feel free to poke around!

The default settings are below, just to confuse 0.25 with 25%.

0.25 = 0.25%
0.5 = 0.50%
0.75 = 0.75%

PS - it's not multi-timeframe yet. That'll come in the next update.

Hope this helps,

Andre
Comments
TylerObama
Great Script
terstenb369
Hello, could you make a new version with rolling vwap? instead of starting every day for example. TW got rolling vwap, but i couldn't add to it these bands.
deathtotrade
Hello! I'm loving this script. I've seen a similar one (called "Ultimate VWAP Bands w/ Wolfpack") that uses a dynamic multiplier that adapts to the asset's volatility. Sadly, it is a closed script...

Do you think you know how to replicate that? I'm still a newbie at scripts, and you seem to know your stuff.
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