ORBs, EMAs, AVWAP

16 oct

This Pine Script (version 6) is a multi-session trading indicator that combines Opening Range Breakouts (ORBs), Exponential Moving Averages (EMAs), and an Anchored VWAP (AVWAP) system — all in one overlay script for TradingView.

Here’s a clear breakdown of its structure and functionality:

🕒 1. Session Logic and ORB Calculation

Purpose: Identify and plot the high and low of the first 30 minutes (default) for the Tokyo, London, and New York trading sessions.

Session Anchors (NY time):

Tokyo → 20:00

London → 03:00

New York → 09:30
(All configurable in inputs.)

ORB Duration: Default is 30 minutes (orbDurationMin), also user-configurable.

Resets:

London and NY ORBs reset at the start of each new New York trading day (17:00 NY time).

Tokyo ORB resets independently using a stored timestamp.

Process:
For each session:

While the time is within the ORB window, the script captures the session’s high and low.

Once the window closes, those levels remain plotted until reset.

Plot Colors:

Tokyo → Yellow (#fecc02)

London → Gray (#8c9a9c)

New York → Magenta (#ff00c8)

These form visible horizontal lines marking the prior session ranges — useful for breakout or retest trading setups.

📈 2. EMA System

Purpose: Provide trend and dynamic support/resistance guidance.

It calculates and plots four EMAs:

EMA Period Color Purpose
EMA 9 Short-term Green Fast signal
EMA 20 Short-term Red Confirms direction
EMA 113 Medium Aqua Trend filter
EMA 200 Long-term Orange Macro trend baseline

Each EMA is plotted directly on the price chart for visual confluence with ORB and VWAP levels.

⚖️ 3. Anchored VWAP (AVWAP)

Purpose: Display a volume-weighted average price anchored to specific timeframes or events, optionally with dynamic deviation or percentage bands.

Features:

Anchor Options:

Time-based: Session, Week, Month, Quarter, Year, Decade, Century

Event-based: Earnings, Dividends, Splits

VWAP resets when the chosen anchor condition is met (e.g., new month, new earnings event, etc.).

Bands:

Up to three levels of symmetric upper/lower bands.

Choose between Standard Deviation or Percentage-based widths.

Display Toggles:

Each band’s visibility is optional.

VWAP can be hidden on 1D+ timeframes (hideonDWM option).

Color Scheme:

VWAP: Fuchsia (magenta-pink) line

Bands: Green / Olive / Teal with light-filled zones

⚙️ 4. Technical Highlights

Uses ta.vwap() with built-in band calculations.

Handles instruments with or without volume (errors if missing volume).

Uses time-zone aware timestamps (timestamp(NY_TZ, …)).

Uses timeframe.change() to detect new anchors for the VWAP.

Employs persistent variables (var) to maintain session state across bars.

💡 In Practice

This indicator is designed for multi-session intraday traders who:

Trade Tokyo, London, or NY open breakouts or retests.

Use EMA stacking and crossovers for trend confirmation.

Use Anchored VWAP as a fair-value or mean-reversion reference.

Need clear visual structure across different market sessions.

It provides strong session separation, trend context, and volume-weighted price reference — making it ideal for discretionary or semi-systematic trading strategies focused on liquidity zones and session momentum.

20 oct

Notas de prensa

Updated the ORBS, EMAs, AVWAP and added SMAs. The EMA and SMA lengths are fully customizable to your trading style!
This all-in-one indicator combines key institutional tools into a unified framework for intraday and swing trading. Designed for traders who use multi-session analysis and dynamic levels, it automatically maps out global session breakouts, moving averages, and volume-weighted anchors with high clarity.

Features include:

🕓 Tokyo, London, and New York ORBs (Opening Range Breakouts) — 30-minute configurable range boxes that persist until the next New York open.

📈 Anchored VWAP with Standard Deviation Bands — dynamically anchorable to session, week, or month for institutional-grade price tracking.

📊 Exponential Moving Averages (9, 20, 113, 200) — for short-, mid-, and long-term momentum structure.

📉 Simple Moving Averages (20, 50, 100) — fully customizable lengths, colors, and visibility toggles for trend confirmation.

🏁 Prior High/Low Levels (PDH/PDL, PWH/PWL, PMH/PML) — automatically plotted from previous day, week, and month, with labels placed at each session’s midpoint.

🎛️ Session-Aligned Time Logic — all time calculations use New York session anchors with DST awareness.

💡 Clean Visualization Options — every component can be toggled on/off, recolored, or customized for your workflow.

Best used for:

ORB break-and-retest setups

VWAP and EMA rejections

Confluence-based trading around key session levels

Multi-session momentum tracking

20 oct

Notas de prensa

Updated again to clean up EMA/SMAs. Now can easily toggle between the two!

20 oct

Notas de prensa

Removed code from screen shot!

20 oct

Notas de prensa

last one no changes, only screenshot.