Sigma VWAP Bands
- Indicatori
- Johannes Human
- Versione: 1.0
- Attivazioni: 5
Sigma VWAP Bands
Sigma VWAP Bands (Rolling) is a technical analysis indicator that plots upper and lower bands based on the statistical deviation of price from a rolling Volume-Weighted Average Price (VWAP).
The indicator is designed to visualize price dispersion around VWAP using a user-defined lookback window and a configurable standard deviation multiplier.
Parameters
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Lookback Period
Number of bars used for VWAP and standard deviation calculations. -
Sigma Factor
Multiplier applied to the calculated standard deviation. -
Volume Type
Select between tick volume and real volume.
Display
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Indicator is drawn directly on the price chart
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Upper and lower bands update dynamically with market data
Usage
This indicator is intended for analytical purposes, such as:
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Observing price deviation relative to VWAP
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Assessing volatility conditions
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Supporting discretionary or systematic trading analysis
The indicator does not generate trading signals and does not provide trade recommendations.
Additional Information
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Suitable for all symbols and timeframes
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Does not repaint historical values
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Optimized for real-time use and historical testing
