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volume profil multitimeframe**Volume Profile D/W/M — Auction Map** Volume Profile D/W/M is a visual auction-analysis indicator designed to display confirmed Daily, Weekly, or Monthly volume profiles on the chart. It focuses on value areas, volume concentration, auction structure, and important reaction zones. The script is intended for discretionary market analysis and does not generate automatic buy or sell signals. --- ## Overview This indicator builds a volume profile from a selected confirmed period: * Daily * Weekly * Monthly Only one mode is active at a time. The goal is to keep the chart readable while still showing the most important auction levels. The profile highlights where volume was concentrated during the selected period and displays key levels such as POC, VAH, VAL, HVN, LVN, VWAP, Initial Balance, naked POC levels, imbalance zones, confluence zones, and auction-state information. --- ## Main Features ### Confirmed Volume Profile The script draws confirmed profiles from closed periods. This makes historical profiles stable and prevents them from constantly changing after the period has closed. Available profile modes: * Daily profile * Weekly profile * Monthly profile The current developing profile can also be displayed with the dedicated option, but it should be understood as a live preview and not as a confirmed profile. --- ### POC, VAH and VAL The script displays the main volume profile levels: * POC: the price row with the highest volume * VAH: upper boundary of the value area * VAL: lower boundary of the value area These levels are used to read market acceptance, rejection, rotation, and possible return-to-value behavior. --- ### HVN and LVN The script can highlight: * HVN: high-volume nodes, where the market accepted price * LVN: low-volume nodes, where price often moved quickly or found less acceptance HVN levels may act as areas of balance or reaction. LVN levels may act as rejection zones or acceleration zones depending on context. --- ### Bull / Bear Split and Delta Imbalance Rows Each profile row can be split into bullish and bearish volume estimates. This helps visualize whether a price area was dominated by bullish or bearish pressure. The indicator also includes imbalance rows, which highlight areas where one side strongly dominated the row volume. To avoid label clutter, imbalance labels can be displayed as: * a single multiplier label * one label per row * no label The multiplier mode is recommended for normal use. --- ### Confluence Zones The confluence module looks for clusters where several important levels are close to each other. Examples of levels used in confluence: * POC * VAH / VAL * HVN / LVN * Period open / close * Naked POC * Profile high / low * Poor high / poor low * Composite levels A confluence zone does not predict direction by itself. It simply marks an area where several auction references are grouped together. --- ### Naked POC Tracking The script can track previous POC levels that have not yet been revisited. These levels are often watched as potential return-to-value or magnet zones. Naked POC levels include status logic such as: * Fresh * Tested * Respected * Broken * Dead The extension distance can be adjusted so naked POC levels do not appear too far away from the rest of the profile. --- ### VWAP and Initial Balance The indicator includes optional period VWAP and VWAP bands. It can also display Initial Balance levels: * IB High * IB Low * IB Mid * 1x / 2x IB extensions These tools are useful for reading whether price is rotating inside value, expanding away from balance, or failing an attempted breakout. --- ### Auction Dashboard The dashboard summarizes useful auction information such as: * selected mode * current price location * auction state * value relation * POC migration * profile shape * nearest target * risk zone * dominant session * confluence score * POC, VAH, VAL, VWAP and IB information The dashboard is only a reading aid. It should not be used as a standalone trading system. --- ## Beginner Tutorial ### Step 1 — Choose the Profile Mode Start with Daily mode. Daily mode is usually the easiest to understand because each profile represents one completed trading day. Once you are comfortable, you can test Weekly and Monthly modes to read the larger market structure. --- ### Step 2 — Read the Main Levels Start with three levels: * POC * VAH * VAL A simple way to read them: * Price above VAH: market is trading above accepted value * Price below VAL: market is trading below accepted value * Price around POC: market is rotating near the main accepted price * Price between VAH and VAL: market is inside value --- ### Step 3 — Look for Reaction Areas After the basic value area is understood, check: * HVN zones * LVN zones * naked POC levels * confluence zones * VWAP * Initial Balance Do not use every line as a trade signal. The goal is to identify areas where price may react, pause, reject, or accelerate. --- ### Step 4 — Use the Dashboard The dashboard helps summarize the profile state. For example: * If price is above VAH and POC migration is rising, the market may be accepting higher prices. * If price rejects above VAH and returns inside value, it may indicate a failed auction. * If price is near a confluence zone, the area may deserve more attention. --- ## Example Use Cases ### Example 1 — Return to Value Price trades above VAH, fails to hold, and returns inside the value area. A trader may watch for a rotation back toward POC. This is not a direct entry signal. Confirmation should come from price action, market structure, or another method. --- ### Example 2 — POC Magnet Price moves away from the previous POC but later returns toward it. A naked POC or composite POC may act as a reference level where traders expect a reaction or pause. --- ### Example 3 — LVN Acceleration Price approaches an LVN zone. Because LVN zones represent low acceptance, price may either reject quickly or move through the area with speed. The direction depends on context, not on the LVN alone. --- ### Example 4 — Weekly Context, Daily Execution A trader can use Weekly mode to identify larger auction levels, then switch back to a lower chart timeframe to observe how price reacts near those levels. This helps separate macro context from execution timing. --- ## Recommended Timeframes The script is not designed for very low timeframes with heavy settings. Recommended chart timeframes: * 5 minutes and above for Daily mode * 15 minutes and above for Weekly mode * 15 minutes, 30 minutes, or 1 hour for Monthly mode Using the script on a 1-minute chart is not recommended, especially with Weekly or Monthly mode, developing profile enabled, high profile rows, many historical profiles, or multiple visual modules active. Very low timeframes may require too many historical bars or too many drawing objects, which can cause TradingView limits to be reached. --- ## Performance Recommendations For stable use, start with these settings: * Profiles History: 3 * Profile Rows: 48 * Current Developing Profile: Off * Imbalance Labels: Multiplier * Composite Display: Near Profile * Naked POC extension: short distance If the chart becomes heavy, reduce: * profile rows * history count * developing profile * imbalance zones * VWAP bands * Initial Balance extensions * confluence labels --- ## Important Notes This indicator is an analytical tool, not a trading system. It does not predict the market and does not provide guaranteed results. All levels should be interpreted with market context, price action, risk management, and the trader’s own strategy. Volume profile analysis is most useful when combined with structure, trend, volatility, session behavior, and confirmation from price action. Use the script to build a map of important auction areas, not as a standalone reason to enter or exit a trade.
Pine Script® indicator
by Alpha_Wizard
SR LevelsSR Levels — Multi-Timeframe Support & Resistance with SR-Anchored VWAP OVERVIEW SR Levels Pro is an overlay indicator that plots higher-timeframe support and resistance levels on your chart with a clean, minimal layout. It focuses on widely used structural levels — previous day/week/month/year highs and lows — plus optional session levels (Asia, London, New York). The goal is simple: show where price is relative to key reference levels, how far away each level is, and whether volume-weighted price action is accepting or rejecting a level after a touch. This script is designed for traders who use HTF structure, session context, and level-based decision making on lower timeframes. KEY FEATURES • HTF Structure Levels Previous Day/Week/Month/Year High and Low (PDH, PDL, PWH, PWL, PMH, PML, PYH, PYL) Each timeframe uses a distinct color for quick identification • Smart Level Display Thin cross markers on a short right-side segment — not full-width lines Optional proximity filter: hide levels until price is within range Price labels show level name, exact price, and % distance from current price Example: PDH 77766.4 +1.42% • Session Levels (Optional, Off by Default) Previous session high, low, and open for Asia, London, and New York Customizable session times and timezone • SR-Anchored VWAP When price touches an active S/R level, VWAP begins tracking from that anchor Green VWAP above anchor = potential acceptance Red VWAP below anchor = potential rejection Shaded fill between VWAP and anchor shows the acceptance/rejection gap Auto-deactivates after max bars or when price moves too far from the level • Optional Signals (Off by Default) Triangles = bullish/bearish rejection at scored S/R levels Diamonds = PDH/PDL volume breakouts Confluence scoring, EMA trend filter, volume filter, and cooldown Built-in alerts for rejections and breakouts HOW TO USE 1. Add to any chart (stocks, crypto, forex, futures). 2. Defaults show PDH, PDL, PWH, PWL. Session levels and signals are off. 3. Read right-edge labels for price and % distance from each level. 4. Watch SR-Anchored VWAP when price approaches a level for acceptance vs rejection. 5. Enable signals only if you want entry markers. Adjust score and cooldown for your timeframe. 6. For forex/futures, set Session Timezone and session hours to match your market. SETTINGS Core: touch tolerance, visibility range, cross segment length, price labels HTF: toggle day/week/month/year levels and colors Session: Asia/London/NY H/L/O with custom times VWAP: max bars, deactivate distance, bull/bear colors Signals: master toggle, breakout diamonds, min score, cooldown, filters ALERTS • SR: Long Rejection • SR: Short Rejection • SR: Bull Breakout (above PDH) • SR: Bear Breakout (below PDL) RECOMMENDED TIMEFRAMES Intraday (1m–15m): PDH/PDL + PWH/PWL, optional sessions Swing (1H–4H): PWH/PWL + PMH/PML Position (D/W): PMH/PML + PYH/PYL DISCLAIMER This indicator is for educational and informational purposes only. It is not financial advice and does not recommend buying or selling any instrument. Trading involves risk. Past results do not guarantee future performance. Always do your own research and use proper risk management. NOTES HTF levels use the prior completed period high/low. Signals are optional and disabled by default. SR-Anchored VWAP accumulates on confirmed bars only.
Pine Script® indicator
by RickyTSpanish
VWAP Auto Anchored TrendVWAP Auto Anchored Trend This indicator is a Pine Script v6 recreation of an auto-anchored VWAP tool with an added trend and flatness readout. It is designed to help you study how volume-weighted price develops from a selected anchor and how stable or directional that VWAP remains over time. What It Does At its core, this script calculates a Volume Weighted Average Price (VWAP) . Unlike a simple moving average, VWAP gives more influence to bars with higher volume. That allows it to reflect where trading activity has been concentrated during the active anchor period. The line begins at the selected anchor and updates forward from there, giving you a focused view of how price and volume have behaved from that point. Anchor Periods The script supports multiple anchor types, including: Auto Highest High Lowest Low Highest Volume Session Week Month Quarter Year Decade Century Earnings Dividends Splits For time-based anchors such as Month , Quarter , or Year , the indicator displays only the currently active anchor period. That keeps the chart focused on the most recent cycle rather than extending the VWAP through the entire chart history. Source and Calculation The VWAP can be calculated from a selectable source, such as hlc3 , which is commonly used as a balanced price basis. The script accumulates price multiplied by volume, then divides that running total by cumulative volume over the active anchor period. This makes the line responsive not only to price movement, but to how much trading participation occurred at those prices. Bands and Visual Structure The script includes optional upper and lower VWAP bands. These bands can be calculated using: Standard Deviation Percentage Up to three band levels can be enabled, each with its own multiplier. When active, they can help frame how tightly or loosely price is trading around the anchored VWAP. A background fill can also be used between the outer visible bands to make the VWAP zone easier to read visually. Offset Support An offset setting is included so the VWAP and its bands can be shifted visually on the chart. This affects display placement only and does not change the underlying VWAP calculation. VWAP Flatness and Trend Readout One of the main additions in this version is the VWAP Flatness section. Instead of only judging the VWAP slope by eye, the script measures how much the VWAP has drifted from its anchor to the current bar. It then normalizes that drift using ATR to produce a more comparable trend/flatness reading. The table compares two views: All Period - the entire active anchor period Last 50% - the most recent half of that same period This can help show whether the VWAP has remained balanced over the full anchor period, or whether the more recent portion has started to trend more clearly. Table Readout Includes VWAP State - VERY FLAT, FLAT, MODERATE, TRENDING, or STRONG TREND ATR Score - VWAP drift measured against ATR Drift % - total percentage drift in VWAP over the measured section Per Bar % - average drift per bar over that section This is intended as a structured way to describe VWAP behavior. It does not predict future price movement, but it can help organize how stable or directional the VWAP has been within the chosen anchor window. How It May Be Used This indicator can be used as a reference for: Tracking where volume-weighted price has developed from an anchor Comparing current price to anchored average value Observing whether price is staying near VWAP or expanding away from it Viewing optional VWAP band structure Comparing overall VWAP behavior with the most recent half of the anchor period Notes This script is intended as a charting and analysis tool. The flatness and trend labels describe measured VWAP behavior, not guarantees. Different symbols, timeframes, and anchor periods can produce very different readings. Summary This script combines anchored VWAP logic, optional bands, and a two-part flatness/trend readout into one tool. Its goal is to help you study where weighted price has developed, how price is behaving around that value, and whether the VWAP itself has remained relatively flat or become more directional over the active anchor period.
Pine Script® indicator
by Midgar-
2
Daily + Anchored VWAP**Daily VWAP + Anchored VWAP (RTH / Full Session Toggle)** This script provides a clean and reliable implementation of Daily VWAP along with an Anchored VWAP, designed to behave consistently across different session types and chart settings. The Daily VWAP automatically resets each day based on the selected mode. In RTH mode, it resets on the first regular-session bar and only includes regular trading hours. In Full Session mode, it resets on the first bar of the day and includes all available price data. The calculation uses a proper cumulative price × volume divided by volume approach, ensuring accuracy with no gaps or delayed starts on the opening candle. The script includes a historical display control that allows switching between showing only the current trading day or displaying a configurable number of previous trading days. The “today only” mode is handled using chart-based date detection, which avoids the common issues seen in other VWAP scripts where the first bars of the session are incorrectly excluded. An Anchored VWAP is also included, which starts from the first session bar of a user-defined number of trading days back and accumulates forward to the present. This anchored VWAP operates independently from the daily VWAP visibility settings and remains stable regardless of whether historical display is enabled or not. A session toggle allows switching between RTH-only behavior and full-session behavior. This setting applies consistently to both the Daily VWAP and Anchored VWAP, making it easy to compare how price interacts with VWAP under different session definitions. This script is designed to avoid common VWAP issues such as incorrect start points, broken “today only” filtering, and inconsistent handling of extended hours. The logic separates reset conditions, accumulation, and display filtering to ensure stable and predictable output. This tool is useful for intraday trading, tracking institutional positioning, anchoring VWAP to recent sessions, and analyzing price behavior across different session types. Anchored VWAP requires sufficient historical data on the chart to include the selected anchor start point. Behavior may vary slightly depending on the symbol’s session definition and chart settings. Built for precision and reliability, with a focus on correct behavior in real trading conditions.
Pine Script® indicator
by tgregg75
VWAP daily, weekly, monthly, yearlyVWAP Multi-Timeframe (D/W/M/Y) - Pro Clean Version This multi-timeframe VWAP indicator is designed for traders who need a clear overview of institutional levels without cluttering their charts. Unlike standard scripts, it uses a clean-break logic that eliminates the annoying diagonal lines between sessions. Key Features: Multi-Timeframe View: Daily, Weekly, Monthly, and Yearly VWAPs all in one place. Ultra-Clean Design: Automatic line breaks at the end of each period for maximum readability. Standard Deviation Corridors: Color-coded fills between bands (1σ, 2σ, 3σ) with optimized Z-order to keep price action visible. Extended Price Lines: Higher timeframe VWAPs (W/M/Y) project a horizontal line and a real-time price label for easy targeting or pivot reference. Perfect Scale Sync: Fully synchronized with your candlestick chart, even during aggressive zooming or scrolling. Trading Tip: Watch for "confluences" (clusters) where the Daily VWAP meets the Weekly VWAP to identify high-probability reversal or bounce zones.
Pine Script® indicator
by tradernoobx
VWAP NYO DeviationVWAP - Deviation At NYO A clean, real-time overlay indicator that instantly shows how the major liquid markets are opening relative to their developing daily VWAP — plus powerful historical context in one compact table. What the table displays (updated live on every chart): Symbol – ES1!, CL1!, GC1!, 6E1!, BTCUSD Deviation (%) – Today’s RTH open (9:30 AM EST) vs. the VWAP up to that exact moment, expressed as a percentage. → Green background = opening above average deviation → Red background = opening below average deviation Avg Abs Dev (%) – Historical average absolute opening deviation (all completed days on your chart) Touch VWAP % – Percentage of completed trading days where price touched the daily VWAP at least once during Regular Trading Hours (9:30–16:00 EST) Additional features On your main chart symbol, a clean colored label automatically appears at the exact 9:30 AM EST bar showing that symbol’s opening VWAP deviation (green up / red down). Fully automatic EST/New York timezone handling — works on any timeframe and any symbol you’re viewing. Table text size is fully customizable (tiny → large / auto). Best for Futures & BTC day traders who use VWAP as a primary reference Quick cross-market bias check at the open Mean-reversion / VWAP magnet strength analysis Monitoring how “stretched” the open is versus historical norms Simply add the indicator, and the table appears in the top-right corner. The more history loaded on your chart, the more accurate the average deviation and touch percentage become. Perfect companion for any VWAP-based strategy. Enjoy! 🚀
Pine Script® indicator
by Resonant_Trader
Piv X**Title:** Piv X: Confluence-Based Market Structure & Volume Analyzer **Introduction** Piv X is a comprehensive market structure analysis tool designed to grade the quality of Pivot Points using a composite "Confluence Score." Unlike standard indicators that simply identify local highs and lows based on price alone, this script evaluates the *strength* of every pivot by cross-referencing it against volume data, momentum divergences, multi-timeframe structure, and institutional key levels. **Concept & Methodology** The core functionality of this script builds upon a **Dynamic Pivot Quality Scoring System**. When a pivot point is detected (using an ATR-based dynamic lookback), the script runs a background analysis on 10+ technical factors to assign a "Confluence Score" (0-100). The score is calculated based on the accumulation of the following factors: 1. **Volume Anomalies**: Detects volume spikes at the pivot, suggesting institutional participation. 2. **Momentum Divergence**: Checks for RSI and Williams %R divergences relative to price action to identify exhaustion. 3. **Liquidity Mechanics**: Identifies "Swing Failure Patterns" (SFP) and "Sweeps" where price pierces a previous structure but closes back inside. 4. **Multi-Timeframe Alignment**: Verifies if the pivot aligns with Higher Timeframe (HTF) trends and structures to filter out counter-trend noise. 5. **Key Level Interaction**: Rewards pivots that form near Daily/Weekly Highs or Lows. 6. **Fair Value Gap (FVG) Fills**: Detects if the pivot is reacting to a market imbalance fill. **Unique Feature: Williams %R Divergence Anchored VWAP** This tool introduces a logic-driven Anchored VWAP. Instead of arbitrarily anchoring VWAPs to high/low dates, the script automatically anchors a VWAP from the exact candle where a Williams %R Momentum Divergence is confirmed. This allows traders to visualize the "true cost basis" of participants who entered specifically on the momentum reversal signal. **How to Use** 1. **Golden Zones (High Confluence)**: Pivots that achieve a high Confluence Score (e.g., >80) are highlighted with a distinct "Golden" border and background. These represent high-probability Support/Resistance levels backed by multiple forms of technical evidence. 2. **Standard Zones (Normal Confluence)**: Pivots with moderate scores are shown in standard Green/Purple. These are valid structure points but may require additional confirmation before trading. 3. **Trend Filtering**: The "Trend System" overlay (using EMA Clouds and RSI filters) provides visual context for the dominant trend direction, helping traders avoid taking structure signals against the main flow. 4. **Market Structure Shifts (MSS)**: The script automatically plots CHoCH (Change of Character) lines to alert traders when the sequence of Higher Highs or Lower Lows has been broken, often signaling a trend reversal. **Settings** * **Pivot Detection**: Adjust the ATR Multiplier to control the sensitivity of pivot detection. * **Filters**: Toggle specific scoring factors (like Session Logic or HTF Confluence) to customize how strict the Scoring System is. * **Visuals**: Enable/Disable specific VWAP periods (Weekly, Monthly, Yearly) to keep the chart clean. **Disclaimer** This tool is intended for market analysis and educational purposes only. Past performance of these setups does not guarantee future results.
Pine Script® indicator
by RickyTSpanish
Dynamic Swing Anchored VWAP (Zeiierman)█ Overview Dynamic Swing Anchored VWAP (Zeiierman) is a price–volume tool that anchors VWAP at fresh swing highs/lows and then adapts its responsiveness as conditions change. Instead of one static VWAP that drifts away over time, this indicator re-anchors at meaningful structure points (swings). It computes a decayed, volume-weighted average that can speed up in volatile markets and slow down during quiet periods. Blending swing structure with an adaptive VWAP engine creates a fair-value path that stays aligned with current price behavior, making retests, pullbacks, and mean reversion opportunities easier to spot and trade. █ How It Works ⚪ Swing Anchor Engine The script scans for swing highs/lows using your Swing Period. When market direction flips (new pivot confirmed), the indicator anchors a new VWAP at that pivot and starts tracking from there. ⚪ Adaptive VWAP Core From each anchor , VWAP is computed using a decay model (recent price×volume matters more; older data matters less). Adaptive Price Tracking lets you set the base responsiveness in “bars.” Lower = more reactive, higher = smoother. Volatility Adjustment (ATR vs Avg ATR) can automatically speed up the VWAP during spikes and slow it during compression, so the line stays relevant to live conditions. █ Why This Adaptive Approach Beats a Simple VWAP Standard VWAP is cumulative from the anchor point. As time passes and volume accumulates, it often drifts far from current price, especially in prolonged trends or multi-session moves. That drift makes retests rare and unreliable. Dynamic Swing Anchored VWAP solves this in two ways: ⚪ Event-Driven Anchoring (Swings): By restarting at fresh swing highs/lows, the VWAP reference reflects today’s structure. You get frequent, meaningful retests because the anchor stays near the action. ⚪ Adaptive Responsiveness (Volatility-Aware): Markets don’t move at one speed. When volatility expands, a fixed VWAP lags; when volatility contracts, it can overreact to noise. Here, the “tracking speed” can auto-adjust using ATR vs its average. High Volatility → faster tracking: VWAP hugs price more tightly, preserving retest relevance. Low Volatility → smoother tracking: VWAP filters chop and stays stable. Result: A VWAP that follows price more accurately, creating plenty of credible retest opportunities and more trustworthy mean-reversion/continuation reads than a simple, ever-growing VWAP. █ How to Use ⚪ S wing-Aware Fair Value Use the VWAP as a dynamic fair-value guide that restarts at key structural pivots. Pullbacks to the VWAP after impulsive moves often provide retest entries. ⚪ Trend Trading In trends, the adaptive VWAP will ride closer to price, offering continuation pullbacks. █ Settings Swing Period: Number of bars to confirm swing highs/lows. Larger = bigger, cleaner pivots (slower); smaller = more frequent pivots (noisier). Adaptive Price Tracking: Sets the base reaction speed (in bars). Lower = faster, tighter to price; higher = smoother, slower. Adapt APT by ATR ratio: When ON, the tracking speed auto-adjusts with market volatility (ATR vs its own average). High vol → faster; low vol → calmer. Volatility Bias: Controls how strongly volatility affects the speed. >1 = stronger effect; <1 = lighter touch. ----------------- Disclaimer The content provided in my scripts, indicators, ideas, algorithms, and systems is for educational and informational purposes only. It does not constitute financial advice, investment recommendations, or a solicitation to buy or sell any financial instruments. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Pine Script® indicator
by Zeiierman
122
Sniper Mini VWAPThis script plots dynamic, session-based VWAPs for key intraday timeframes: 1H (green), 4H (orange), 8H (purple), and Daily (red). Each VWAP resets at the start of its own session, giving traders a real-time view of price relative to average volume-weighted value. These lines often act as intraday support, resistance, or liquidity magnets — great for scalping, fade setups, and sniper-style entries. You can toggle each VWAP on or off for a cleaner chart. This version does not use anchored VWAPs — it’s designed for traders who need fast feedback as price develops within active sessions.
Pine Script® indicator
by RickyTSpanish
2
ZenAlgo - LevelsThis script combines multiple anchored Volume-Weighted Average Price (VWAP) calculations into a single tool, providing a continuous record of past VWAP levels and highlighting when price has tested them. Typically, VWAP indicators show only the current VWAP for a single anchor period, requiring you to either keep re-anchoring manually or juggle multiple instances of different VWAP tools for each timeframe. By contrast, this script automatically tracks both the ongoing VWAP and previously completed VWAP values, along with real-time detection of “tests” (when price crosses a particular VWAP level). It’s especially valuable for traders who want to see how price has interacted with VWAP over several sessions, weeks, or months—without switching between separate indicators or manually setting anchors. Below is a comprehensive explanation of each component, why multiple VWAP lines working together can be more informative than a single line, and how to adjust the script for various markets and trading styles: Primary VWAP vs. Historical VWAP Lines - Standard VWAP indicators typically focus on the current line only. This script also calculates a primary VWAP, but it “locks in” each completed VWAP value when a new time anchor is detected (e.g., new weekly bar, new monthly bar, new session). As a result, you retain an ongoing history of VWAP lines for every completed anchored period. This is more powerful than manually setting up multiple VWAP tools—one for each desired timeframe—because everything is handled in a single script. You avoid chart clutter and the risk of forgetting to reset your manual VWAP at the correct bar. Why Combine Multiple Anchored VWAP Lines in One Script? - Viewing several anchored VWAP lines together offers synergy . You see not only the current VWAP but also previous ones from different sessions or months, all within the same chart pane. This synergy becomes apparent if multiple historical VWAP lines cluster near the same price level, indicating a potentially significant zone of volume-based support or resistance. Handling this manually would involve repeatedly setting separate VWAP indicators, each reset at specific points, which is time-consuming and prone to error. In this script, the process is automated: as soon as the anchor changes, a completed VWAP line is stored so you can observe how price eventually reacts to it, repeatedly or not at all. Automated “Test” Detection - Once a historical VWAP line is set, the script tracks when price crosses it in subsequent bars. If the high and low of a bar span that line, the script marks it in red (both the line and its label). It also keeps a counter of how many times each line has been tested. This method goes beyond a simple visual approach by quantifying the retests. Because all these lines are created and managed in one place, you don’t have to manually label the lines or check them one by one. Advantages Over Manually Setting Multiple VWAPs You save screen space: Instead of layering several VWAP indicators, each with unique settings, this single script plots them all on one overlay. Automation: When a new anchor period begins, the script “closes out” the old VWAP and starts a new one. You never need to remember to reset it manually. Retest Visualization: The script not only draws each line but also changes color and updates the label automatically if a line gets tested. Doing this by hand would be labor-intensive. Unified Parameters: All settings (e.g., array size, max distance, test count limit) apply uniformly. You can manage them from one place, instead of configuring multiple separate tools. Extended Insight with Multiple VWAP Lines Since VWAP reflects the volume-weighted average price for each chosen period, historical lines can show zones where the market had a fair-value consensus in previous intervals. When the script preserves these lines, you see potential support/resistance areas more distinctly. If, for instance, price continually pivots around an old VWAP line, that may reveal a strong volume-based level. With several older VWAP lines on the chart, you gain an immediate sense of where these volume-derived averages have appeared and how price reacted over time. This wider perspective often proves more revealing than a single “current” VWAP line that does not reflect previous anchor sessions. Handling of Illiquid Markets and Volume Limitations VWAP is inherently tied to volume data, so its reliability decreases if volume reporting is missing or if the asset trades with very low liquidity. In such cases, a single large trade might momentarily skew the VWAP, resulting in “false” test signals when the high/low range intersects an abnormal price swing. If you suspect the data is incomplete or the market is unusually thin, it’s wise to confirm the validity of these VWAP lines before using them for any decision-making. Additionally, unusual market conditions—like after-hours trading or sudden high-volatility events—may cause VWAP to shift quickly, setting up multiple lines in a short time. Key User-Configurable Settings Hide VWAP on Day timeframe and above : Lets you disable the primary VWAP plot on daily or higher timeframes for a cleaner view. Anchor Period : Select from Session, Week, Month, Quarter, Year, Decade or Century. Controls how frequently the script resets and preserves the VWAP line. Offset : Moves the current VWAP line by a specified number of bars if you need a shifted perspective. Max Array Size : Caps how many past VWAP lines the script will remember. Prevents clutter if you’re charting very long histories. Max Distance : Defines how far back (in bar index units) a line is kept. If a line’s start bar is older than this threshold, it’s removed, keeping the chart uncluttered. Max Red Labels : Limits the number of tested (red) VWAP lines that appear. If price tests a large number of old lines, only the newest red labels remain once you hit the set limit. Workflow Overview As soon as a new anchor period begins (e.g., a new weekly candle if “Week” is chosen), the script ends the current VWAP and stores that final value in its internal arrays. It creates a dotted line and label representing the completed VWAP, and keeps track of whether it has been tested or not. Subsequent bars may then cross that line. If a bar’s high/low includes the line’s value, it’s flagged as tested, labeled red, and a test counter increases. As new anchored periods come, old lines remain visible—unless they fall outside your maxDistance or you exceed the maximum stored line count. Real-World Benefits Combining multiple VWAP lines—ranging, for example, from session-based lines for intraday perspectives to monthly or quarterly lines for broader context—provides a layered view of the volume-based fair price. This can help you quickly spot zones where price repeatedly intersects old VWAPs, potentially highlighting where bulls or bears took action historically. Because this script automates the management of all these lines and flags their retests, it removes a great deal of repetitive manual work that would typically accompany multiple, separate VWAP indicators set to different anchors. Limitations & Practical Use As with any volume-related tool, the script depends on reliable volume data. Assets trading on smaller venues or during illiquid periods may produce spurious signals. The script does not signal buy or sell decisions; rather, it helps visually map out where volume-weighted averages from previous periods might still be relevant to market behavior. Always combine the insight from these historical VWAP lines with your existing analytical approach or other technical and fundamental tools you use. Conclusion This script unifies past and present VWAP lines into one overlay, automatically detecting new anchor resets, storing the final VWAP values, and indicating whenever old lines are retested by price. It offers synergy through the simultaneous display of multiple historical VWAP lines, making it quicker and easier to detect potential support/resistance zones and better reflect changing market volumes over time. You no longer need to manually create, configure, or reset multiple VWAP indicators. Instead, the script handles all aspects of line creation, retest detection, and clutter management, giving you a robust framework to observe how historical VWAP data aligns with current price action. By understanding the significance of multiple anchored VWAP lines, you can assess market structure from multiple angles in a single view. As always, ensure you confirm the reliability of the volume data for your particular asset and use these lines in conjunction with other analyses to form a well-rounded perspective on current market behavior.
Pine Script® indicator
by ZenAlgo_Official
1
VWAP Fibonacci Bands (Zeiierman)█  Overview The VWAP Fibonacci Bands is a sophisticated yet user-friendly indicator designed to assist traders in visualizing market trends, volatility, and potential support/resistance levels. Developed by Zeiierman, this tool integrates the MIDAS (Market Interpretation Data Analysis System) methodology with Standard Deviation Bands and user-defined Fibonacci levels to provide a comprehensive market analysis framework. This indicator is built for traders who want a dynamic and customizable approach to understanding market movements, offering features that adapt to varying market conditions. Whether you're a scalper, swing trader, or long-term investor. █  How It Works ⚪ Anchor Point System The indicator begins its calculations based on an anchor point, which can be set to: A specific date for historical analysis or alignment with significant market events. A timeframe-based reset, dynamically restarting calculations at the beginning of each selected period (e.g., daily, weekly, or monthly). This dual-anchor method ensures flexibility, allowing the indicator to align with various trading strategies. ⚪ MIDAS Calculation The MIDAS calculation is central to this indicator. It uses cumulative price and volume data to compute a volume-weighted average price (VWAP), offering a trendline that reflects the true value weighted by trading activity. ⚪ Standard Deviation Bands The upper and lower bands are calculated using the standard deviation of price movements around the MIDAS line. ⚪ Fibonacci Levels User-defined Fibonacci ratios are used to plot additional support and resistance levels between the bands. These levels provide visual cues for potential price reversals or trend continuations. █  How to Use ⚪ Trend Identification Uptrend: The price remains above the MIDAS line. Downtrend: The price stays below the MIDAS line and aligns with the lower bands. ⚪ Support and Resistance The upper and lower bands act as support and resistance levels. Fibonacci levels provide intermediate zones for potential price reversals. ⚪ Volatility Analysis Wider bands indicate periods of high volatility. Narrower bands suggest low-volatility conditions, often preceding breakouts. ⚪ Overbought/Oversold Conditions Look for the price beyond the upper or lower bands to identify extreme conditions. █  Settings Set Anchor Method Anchor Method: Choose between Timeframe or Date to define the starting point of calculations. Anchor Timeframe: For Timeframe mode, specify the interval (e.g., Daily, Weekly). Anchor Date: For Date mode, set the exact starting date for historical alignment. Set Std Dev Multiplier Controls the width of the bands: Higher values widen the bands, filtering out minor fluctuations. Lower values tighten the bands for more responsive analysis. Set Fibonacci Levels Define custom Fibonacci ratios (e.g., 0.236, 0.382) to plot intermediate levels between the bands. █  Tips for Fine-Tuning ⚪ For Trend Trading: Use higher Std Dev Multipliers to focus on long-term trends and avoid noise. Adjust Anchor Timeframe to Weekly or Monthly for broader trend analysis. ⚪ For Reversal Trading: Tighten the bands with a lower Std Dev Multiplier. Use shorter anchor timeframes for intraday reversals (e.g., Hourly). ⚪ For Volatile Markets: Increase the Std Dev Multiplier to accommodate wider price swings. ⚪ For Quiet Markets: Decrease the Std Dev Multiplier to highlight smaller fluctuations. ----------------- Disclaimer The information contained in my Scripts/Indicators/Ideas/Algos/Systems does not constitute financial advice or a solicitation to buy or sell any securities of any type. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, backtest, or individual's trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. My Scripts/Indicators/Ideas/Algos/Systems are only for educational purposes!
Pine Script® indicator
by Zeiierman
7
Session VWAPS [QuantVue]The Session VWAPS indicator is a designed for traders to enhance their trading analysis by incorporating Volume Weighted Average Price (VWAP) anchored to custom-defined trading sessions. This indicator automatically plots VWAPs at three critical points of a user defined session: 🔹session start 🔹session high 🔹session low Additionally, it provides the option to display the VWAPs from previous sessions, offering a look at potential areas of support and resistance. Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst. Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation. VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. Indicator Features: Custom Session Definition: Users can define their own trading sessions by specifying start and end times, allowing for tailored analysis according to individual trading strategies or market hours. Anchored VWAP at Three Key Points: 🔹Session Start VWAP: This VWAP is anchored at the start of the defined session. 🔹Session High VWAP: Anchored at the highest price point within the session. 🔹Session Low VWAP: Anchored at the lowest price point within the session. Previous Session VWAPs: The indicator can display VWAPs from the previous session, allowing traders to spot potential areas of support and resistance. Give this indicator a BOOST and COMMENT your thoughts below! We hope you enjoy. Cheers!
Pine Script® indicator
by QuantVue
5
Consolidation VWAP's [QuantVue]Introducing the Consolidation VWAP's Indicator , a powerful tool designed to identify consolidation periods in stock advance and automatically anchor three distinct VWAPs to key points within the consolidation. Consolidation Period Identification: The indicator automatically detects periods of consolidation or areas on the chart where a stock's price moves sideways within a defined range. This period can be seen as the market taking a "breather" as it digests the previous gains. Consolidations are important because they often act as a base for the next move, either continuing the previous uptrend or reversing direction. Consolidation requirements can be customized by the user to match your instrument and timeframe. Maximum Consolidation Depth Minimum Consolidation Length Maximum Consolidation Length Prior Uptrend Amount Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst. Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation. VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. VWAP Anchored to Consolidation High: This VWAP is anchored at the highest price point within the identified consolidation period. It helps traders understand the average price paid by buyers who entered at the peak of the consolidation. VWAP Anchored to Consolidation Low: This VWAP is anchored at the lowest price point within the consolidation. It provides insights into the average price paid by buyers who entered at the lowest point of the consolidation. VWAP Anchored to Highest Volume in the Consolidation: This VWAP is anchored at the price level with the highest trading volume during the consolidation. It reflects the average price at which the most trading activity occurred, often indicating a key support or resistance level. The indicator also allows the trader to see past consolidation areas and previous anchored VWAP's. Give this indicator a BOOST and COMMENT your thoughts! We hope you enjoy. Cheers!
Pine Script® indicator
by QuantVue
2
VWAP with CharacterizationThis indicator is a visual representation of the VWAP (Volume Weighted Average Price), it calculates the weighted average price based on trading volume. Essentially, it provides a measure of the average price at which an asset has traded during a given period, but with a particular focus on trading volume. In our case, the indicator calculates the VWAP for the current trading symbol, using a predefined simple moving average (SMA) with a period of 14. This volume-weighted moving average offers a clearer view of the behavior of the VWAP and, of consequence of market dynamics. One of the distinctive features of this indicator is its ability to provide a more "linear" representation of the data. This means that the data is "smoothed" to remove noise, allowing you to more easily identify the direction of the market trend. This smoother representation is especially useful because the financial market can be subject to significant fluctuations and volatility, and this indicator can help get a more stable view of the trend. The indicator also offers a visualization of the market trend in a very intuitive way. Using an evaluation of the highs and lows of the last 10 days, determine whether the market is in an uptrend, downtrend, or no trend at all. To make this evaluation even clearer and more immediate, the indicator line is colored dynamically. When the trend is bullish, the line is blue, while in case of a bearish trend, it takes on a distinctive color, such as pink. If the trend is not defined, the line will be colored differently, for example light yellow. This coloration gives traders an immediate visual indication of the prevailing trend, allowing them to make more informed decisions regarding trading operations. One potential strategy involves watching candles when they cross the VWAP line strongly. If, for example, a candlestick breaks above the VWAP line, we may look for retest areas near key support levels to gauge a potential long entry. In other words, we would consider that the price may have the potential to rise further after breaking above the VWAP line, and we would look to enter a long position to take advantage of this opportunity. On the other hand, if a candlestick crosses below the VWAP line, we might consider looking for retest areas near the VWAP line itself, which now serves as potential resistance. This could indicate a possible short entry opportunity, as the price may struggle to break above the resistance represented by the VWAP line after breaking it down. In this case, we would look to take advantage of the expected continuation of the downtrend. In both cases, the idea is to exploit significant movements across the VWAP line as signals of potential reversal or continuation of the trend. This strategy can help identify key entry points based on price behavior relative to the VWAP line.
Pine Script® indicator
by RandyPanda1
VWAP angle TrendThe VWAP Angle Trend is an indicator built with the aim of providing valuable insights into the reversal points of the #VWAP using Angle This is achieved by calculating the angle between the current VWAP and its previous value over a customizable lookback period and normalizing it with ATR By analyzing the angle, we can gain an understanding of the strength and direction of the VWAP, which can help them identify potential trend reversals or continuations. After observing the market over a lengthy period, I have come to realize that as the angle increases above 65 or decreases under -65 , it confirms a higher likelihood of a trend reversal. the indicator highlights these zones where a trend reversal is more likely to occur. The indicator can help you to assess the strength and direction of VWAP, enabling you to make more informed trading decisions. By identifying periods of strong momentum or potential exhaustion, you can seek opportunities for entering or exiting positions, and potentially capitalize on trend movements in the market.
Pine Script® indicator
by TZack88
7
RD Key Levels (Weekly, Daily, Previous vWAP)The RexDog Key Levels indicator plots the weekly open, daily open, and the previous day vWAP close. These are all critical price levels (zones) to know when trading any market or instrument. These areas are also high probability reaction areas that you can trade using simple confirmation trading patterns. First, I'll cover an overview of the indicator then I'll share general usage tips. Weekly Open - default is white/orange. White is when price is above the weekly open. Orange is when price is below the weekly open. Weekly High/Low - there are options to turn on the weekly high and lows. Default plot is circles. Green is the high. Red is the low. Daily Open - default is green/red. Green is when price is above the daily open. Red is when price is below the daily open. Previous vWAPs - aqua single lines. These are the closing price of the daily vWAPs. Top Indicators - The triangles at the top of the chart signify is price is currently above or below the weekly open. This is helpful on lower timeframe charts (5m, 15m) to get a quick indication when price is far extended beyond the weekly open. Green triangle = above weekly open. Red triangle = below weekly open. General Usage Each one of these levels are important levels markets look use for continuation or failure of momentum and bias. I also find it extremely helpful to think of these levels as magnets, dual magnets. They both attract and repel price at the same time. Now you might say, how is that helpful to have opposing views at the same time? Be indifferent to direction, create your own rules on when these price zones repel or attract price, I have my own. Here's the easiest way to use these price levels. As price approaches one of these levels to expect a reaction. A reaction is price is going in one direction and price hits a price level zone and reacts in the opposite direction. These are price zones, sometimes you will see a reaction right at the price but visualize these areas as zones of reaction. A high percentage of the time when price approaches these level zones there will be a reaction. So trade the reaction . How do you do that? Simple. Trade patterns that repeat. I have 3 solid patterns I trade around these key levels: The first pattern is early entry with precise scale in rules and a very effective protective stop loss placement. The second pattern is wait for confirmation that the level holds. This requires more patience and for you to fully trust the chart. The benefit of this pattern is with confirmation you have even more precise stop placement. There is a bonus third pattern I trade around these levels. I call this the confirmation and bluff entry. It's a combination of both of the patterns above. You wait for confirmation but on any pull back you call the bluff on the market and enter on key test. Trade management here is critical. In addition to the pattern you trade you should have a series of failure patterns that tell you to get out of the trade, I use 2 primary failure patterns. I trade all markets, same system, same rules, so I'll show a few examples. Usually I start with Bitcoin but let's start with equities: BA - Boeing - 8 Trades Here we see weekly low patterns, previous week low test, vwAP hold patterns, day magnets and day holding. Then 2 week failures and a double hold pattern. These are all straightforward trades to execute following really simple patterns. BTCUSD Previous vWAP and Day Open Trades We see here on the circle areas both daily open and previous day vWAP zone tests. Within this chart are all 3 highly effective patterns I trade. SPY - 7 High Probability Trades Here we see a pDay vWAP mixed with a daily failure. Next a daily retest, then a pDay vWAP failure, then a vWAP capture and test. Then a double weekly failure test (great trade there) and finally a daily test. I could provide more examples but most are just derivatives of the above examples.
Pine Script® indicator
by RexDogActual
8
Bogdan Ciocoiu - Sniper EntryWhat is Sniper Entry Sniper Entry is a set indicator that encapsulates a collection of pre-configured scripts using specific variables that enable users to extract signals by interpreting market behaviour quickly, suitable for 1-3min scalping. This instrument is a tool that acts as a confluence for traders to make decisions concerning current market conditions. This indicator does not apply solely to an asset. What Sniper Entry is not Sniper Entry is not interpreting fundamental analysis and will also not be providing out of box market signals. Instead, it will provide a collection of integrated and significantly improved open-source subscripts designed to help traders speculate on market trends. Traders must apply their strategies and configure Sniper Entry accordingly to maximise the script's output. Originality and usefulness The collection of subscripts encapsulated in this tool makes it unique in the Trading View ecosystem. This indicator enables traders to consider entry positions or exit positions by comparing similar algorithms at once. Its usefulness also emerges from the unique configurations embedded in the indicator's settings, which are different from those of the original scripts. This indicator's originality is also reflected in how its modules are integrated, including the integration of the settings. Open-source reuse I used the following open-source resources, which I simplified significantly and pre-configured for short term scalping. The source codes for the below are already in the public domain, including the following links listed below. www.tradingview.com (open source) (open source and generic algorithm) www.tradingview.com (open source) (open source) (open source) www.tradingview.com (generic MA algorithm and open source) (generic VWAP algorithm and open source)
Pine Script® indicator
by BogdanCiocoiu
2
VWAP From Multiple Sources With Cloud & Percentage GapVWAP CLOUD FROM CLOSE, OPEN, HIGH & LOW SOURCES WITH CLOUD & PERCENTAGE GAP VWAP stands for volume weighted average price and shows the average price of buys/sells based on volume traded across the current session. This VWAP is based off of the Daily session. ***HOW TO USE*** Use the purple cloud between the VWAPs as your entry points as price will typically bounce from that cloud area. The Yellow Line is the VWAP using the close price as a source. The Green Line is the VWAP using the open price as a source. The Blue Line is the VWAP using the high price as a source. The Purple Line is the VWAP using the low price as a source. When price is above the VWAP cloud, the background will paint green because the trend is bullish. When price is below the VWAP cloud, the background will paint red because the trend is bearish. In the bottom right hand corner, three is a table that will show you the current percentage gap between current price and the VWAP using close as the source. All sources and colors can be easily switched in the settings menu. ***MARKETS*** This indicator can be used as a signal on all markets, including stocks, crypto, futures and forex. ***TIMEFRAMES*** This vwap indicator can be used on all timeframes but is calculated using the daily session. ***TIPS*** Try using numerous indicators of ours on your chart so you can instantly see the bullish or bearish trend of multiple indicators in real time without having to analyze the data. Some of our favorites are our Auto Fibonacci, Volume Profile, Directional Movement Index, Momentum, Auto Support And Resistance and Money Flow Index in combination with this VWAP Cloud. The other indicators all have real time Bullish and Bearish labels as well so you can immediately understand each indicator's trend.
Pine Script® indicator
by FriendOfTheTrend
5
Multi Day vWAP (Customizable) with AverageIntroducing the Multi-Day vWAP indicator that is fully customizable with average indicator option. High level overview (default settings): Default is 10 plots with each setting 1 day apart (1-10 day look back) Labels for each plot are turned on by default (labels will default to your value, more below) Use Style tab in options to change colors, plot style, and turn on/off individual plots Average is turned off by default (style panel will show it's on-- go to Inputs panel and select "Show vWAP Average" to turn on) Best use case is go to Visibility Panel in options and turn off for Days, Weeks, and Months To turn off all labels at once go to Style tab and unselect "Labels" checkbox If you want plots to be as small as possible in Inputs panel set the Plot Width to 0 (zero) Detail Overview This indicator will plot your custom daily vWAP values. You can change the lookback period. If you change the lookback period the label will match your custom value. For instance, if you change vWAP 1 value to "5", the label for this plot will be 5. Average Notes: The average will average all the vWAP values by the divisor. The default is to average all values by 10. The average will always start to plot from the shortest lookback period. It is not possible to have the average plot before that point. Trading Tips (default settings) The simple way to use the vWAP is to treat them as magnets. For intance, Generally if price is trading below all the vWAP plots the chart is in a momentum short enviroment. All vWAP areas can be used for upside resistance/reaction areas. If price is trading above the chart is in a momentum long enviroment and pullbacks can to vWAP levels can be looked as areas of support/reaction. For instance: Price is above the current day vWAP and looking to test the previous day vWAP value. As it approaches the 2 value you are expecting this area to be a reaction area (good trade entry area) for a continuation short trade. Possibly to check back into the current day vWAP value. I should share that this is a simple way to trade with the vWAP (true success with vWAP is understanding that price trades in vWAP channels). Stacking and Strong Momentum The other pattern you should look for is stacking. For instance on this CL chart: This chart is strong momentum long. All 10 day vWAP plots are stacked on top of each other. Previous action tested below all vWAPs. Price traded thru and came back and retested. Finally closing above all and above the vWAP avearge (red). When the day vWAP was broke the next target you look for is the 2 vWAP. This reaction area held up and momentum long continued and continuing to trade above current day vWAP. 7 Day Rolling Example (Larger Timeframe) Another great way to use this indicator is to customize the values for rolling 7 days (5 days for cash markets). To do this set values to: 7, 14, 21, 28, 35, 42, 49, 56, 63, 70 For instance, this BTC chart: This chart provides a good example of what you'll find when a chart is at a pivot point. Price is checking in at the average to remain momentum long. Upside longer term vWAP plots have been tested and had expected reaction. Price is trading above the shorter term values. Simple TA here will note if chart continues to trade above and takes out upper vWAPs long momentum is gaining ground. On the downside if price trades thru the lower vWAP plots you would expect further downside. In this scenario you would be mindful to expect upside tests before (which could be good entry/reaction areas). NQ example with 7 day values: Overall chart is momentum short. 7 is above 14, 21 Maybe early sign of bottom. If price takes out these values and holds above the buyers have quite a few challenges above.
Pine Script® indicator
by RexDogActual
13