VWAP 3 Bands
- Indicatori
- Versione: 1.12
Anchored VWAP + 3 SD Bands. This tool combines the market's most respected volume indicator (VWAP) with statistical volatility (Standard Deviation), creating a complete map of price action.
Unlike simple moving averages, VWAP weights the price based on actual traded volume, offering much more reliable support and resistance levels. With the three standard deviation bands included, you can easily visualize statistically proven overbought and oversold zones.
Key Features:
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📈 Daily VWAP (Auto-Reset): Precise calculation restarted at the beginning of every session (D1).
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➗ 3 Volatility Niveis: Symmetrical bands at ±1, ±2, and ±3 Standard Deviations, each featuring its own color and line style (dashed/dotted) for effortless distinction.
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🛠️ Full Input Control: Easily toggle individual bands on or off, adjust custom multipliers, and choose the perfect colors to match your trading template.
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🚀 Optimized Performance: Clean, fast-loading code specifically optimized for the M5 timeframe, ensuring it won't lag or slow down your platform.
