OPEN-SOURCE SCRIPT
MJBFX VWAP WITH SIGNALS

The MJBFX VWAP Channel is a custom-built volume-weighted average price indicator designed around the MJBFX trading methodology.
This tool tracks multiple rolling VWAPs anchored to a user-defined timeframe (default: 1H), then calculates percentile levels (Max, Upper, Median, Lower, Min) to create a dynamic channel. These levels act as key support and resistance zones that adapt to market conditions.
🔶 Features:
Adjustable anchor period and VWAP count (up to 500 VWAPs)
Percentile-based VWAP levels (Max, Upper, Median, Lower, Min)
Customisable colours, widths, and line styles
Optional gradient channel fills
Anchor period highlights for session awareness
MJBFX Branded Signals:
🟠 Buy – Triggered when price crosses above the lower VWAP (MJBFX Orange)
⚪ Sell – Triggered when price crosses below the upper VWAP (MJBFX Grey)
Built-in alert conditions for automated trade notifications
🔶 How to Use:
This tool tracks multiple rolling VWAPs anchored to a user-defined timeframe (default: 1H), then calculates percentile levels (Max, Upper, Median, Lower, Min) to create a dynamic channel. These levels act as key support and resistance zones that adapt to market conditions.
🔶 Features:
Adjustable anchor period and VWAP count (up to 500 VWAPs)
Percentile-based VWAP levels (Max, Upper, Median, Lower, Min)
Customisable colours, widths, and line styles
Optional gradient channel fills
Anchor period highlights for session awareness
MJBFX Branded Signals:
🟠 Buy – Triggered when price crosses above the lower VWAP (MJBFX Orange)
⚪ Sell – Triggered when price crosses below the upper VWAP (MJBFX Grey)
Built-in alert conditions for automated trade notifications
🔶 How to Use:
- The VWAP channel provides a dynamic structure for intraday trading.
- Buy opportunities often occur when price sweeps below the lower band and reclaims it.
- Sell opportunities often occur when price sweeps above the upper band and rejects.
- Use in confluence with market structure, session timing, and your trading plan (e.g., MJB-FX Asian Sweep strategy).
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神,這個腳本的創作者將其設為開源,以便交易者檢視並驗證其功能。向作者致敬!您可以免費使用此腳本,但請注意,重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。