OPEN-SOURCE SCRIPT
Rolling VWAP with Bands (Locked Timeframe)
Rolling VWAP with Customizable Bands — Locked Timeframe
This indicator plots a rolling Volume Weighted Average Price (VWAP) over a fixed, user-selected timeframe — so it stays consistent no matter what chart timeframe you’re viewing. Unlike the standard anchored VWAP, this one works like a moving average weighted by volume, providing a smoother, more adaptive central price line that doesn’t reset each session.
It also includes up to three optional deviation bands, each with its own toggle and multiplier setting. The bands are based on standard deviation, helping you quickly identify when price is stretched above or below its mean.
Features:
Locked-timeframe VWAP — calculation stays fixed to your chosen resolution (e.g., 1H, 4H, Daily)
Adjustable lookback length for VWAP calculation
Up to 3 standard deviation bands, each with:
On/Off toggle
Independent multiplier control
Works on any chart timeframe without changing shape
Optional filled shading between bands for clarity
Uses:
Spot overbought/oversold conditions relative to VWAP
Identify dynamic support & resistance
Confirm trend strength or mean reversion setups
Keep a consistent reference line across multiple chart timeframes
This indicator plots a rolling Volume Weighted Average Price (VWAP) over a fixed, user-selected timeframe — so it stays consistent no matter what chart timeframe you’re viewing. Unlike the standard anchored VWAP, this one works like a moving average weighted by volume, providing a smoother, more adaptive central price line that doesn’t reset each session.
It also includes up to three optional deviation bands, each with its own toggle and multiplier setting. The bands are based on standard deviation, helping you quickly identify when price is stretched above or below its mean.
Features:
Locked-timeframe VWAP — calculation stays fixed to your chosen resolution (e.g., 1H, 4H, Daily)
Adjustable lookback length for VWAP calculation
Up to 3 standard deviation bands, each with:
On/Off toggle
Independent multiplier control
Works on any chart timeframe without changing shape
Optional filled shading between bands for clarity
Uses:
Spot overbought/oversold conditions relative to VWAP
Identify dynamic support & resistance
Confirm trend strength or mean reversion setups
Keep a consistent reference line across multiple chart timeframes
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.