OPEN-SOURCE SCRIPT
VWMA 200 (HTF) + Fibonacci Bands
VWMA 200 (HTF) + Fibonacci Bands + VWAP Trend Dashboard
This indicator combines a Higher Timeframe VWMA (default: 200) with volatility bands and Fibonacci-based internal levels, plus anchored VWAPs (Daily / Weekly / Monthly) and an optional trend dashboard table.
It was designed to help you quickly spot:
where price is relative to a major HTF VWMA mean
whether price is trading in normal / extreme zones
how price is positioned versus session/period VWAPs
a simple “at-a-glance” trend bias across multiple anchors
What’s included
1) VWMA 200 (HTF)
VWMA is calculated on a locked timeframe (HTF) using request.security.
Default source is HLC3, but you can change the source.
2) Volatility bands + Fibonacci levels
The outer bands are based on a scaled standard deviation (mult * stdev) around the HTF VWMA.
Internal bands use Fibonacci ratios:
11.8% / 23.6% / 38.2% / 50% / 61.8% / 76.4% / 88.6% / 100%
Clean labels on the right side show each level as a percentage.
3) Extreme candle highlighting
Candles can be highlighted when the close is beyond the 76.4% band (upper or lower).
Helps identify potential stretched conditions / breakout zones.
4) Anchored VWAPs
Optional Daily / Weekly / Monthly VWAP (anchored by period change).
Optional VWAP labels on the right side (toggle separately).
5) Trend Dashboard Table
Optional table showing Bullish / Bearish / Neutral for:
VWAP D, VWAP W, VWAP M, and VWMA HTF
Displays distance from each reference in points (price units).
Includes a Confluence row:
Bullish if price is above all references
Bearish if price is below all references
Mixed otherwise
Table position can be customized (Top Right / Top Left / Bottom Right / Bottom Left).
How to use (quick guide)
Mean reversion / structure: Use the HTF VWMA as the central “mean” reference.
Zones: Fibonacci bands show progressively stronger deviation zones from the mean.
Extremes: Candle coloring beyond 76.4% can highlight stretched price action.
Trend bias: The dashboard helps confirm whether price is aligned above or below key anchors (VWAPs + VWMA HTF).
Confluence: When multiple anchors agree, trend conviction tends to be higher.
Notes / Disclaimer
This tool is intended for context and decision support, not as a standalone strategy.
VWAP behavior may differ across markets/sessions depending on symbol and exchange rules.
Always combine with your own risk management and confirmation tools.
This indicator combines a Higher Timeframe VWMA (default: 200) with volatility bands and Fibonacci-based internal levels, plus anchored VWAPs (Daily / Weekly / Monthly) and an optional trend dashboard table.
It was designed to help you quickly spot:
where price is relative to a major HTF VWMA mean
whether price is trading in normal / extreme zones
how price is positioned versus session/period VWAPs
a simple “at-a-glance” trend bias across multiple anchors
What’s included
1) VWMA 200 (HTF)
VWMA is calculated on a locked timeframe (HTF) using request.security.
Default source is HLC3, but you can change the source.
2) Volatility bands + Fibonacci levels
The outer bands are based on a scaled standard deviation (mult * stdev) around the HTF VWMA.
Internal bands use Fibonacci ratios:
11.8% / 23.6% / 38.2% / 50% / 61.8% / 76.4% / 88.6% / 100%
Clean labels on the right side show each level as a percentage.
3) Extreme candle highlighting
Candles can be highlighted when the close is beyond the 76.4% band (upper or lower).
Helps identify potential stretched conditions / breakout zones.
4) Anchored VWAPs
Optional Daily / Weekly / Monthly VWAP (anchored by period change).
Optional VWAP labels on the right side (toggle separately).
5) Trend Dashboard Table
Optional table showing Bullish / Bearish / Neutral for:
VWAP D, VWAP W, VWAP M, and VWMA HTF
Displays distance from each reference in points (price units).
Includes a Confluence row:
Bullish if price is above all references
Bearish if price is below all references
Mixed otherwise
Table position can be customized (Top Right / Top Left / Bottom Right / Bottom Left).
How to use (quick guide)
Mean reversion / structure: Use the HTF VWMA as the central “mean” reference.
Zones: Fibonacci bands show progressively stronger deviation zones from the mean.
Extremes: Candle coloring beyond 76.4% can highlight stretched price action.
Trend bias: The dashboard helps confirm whether price is aligned above or below key anchors (VWAPs + VWMA HTF).
Confluence: When multiple anchors agree, trend conviction tends to be higher.
Notes / Disclaimer
This tool is intended for context and decision support, not as a standalone strategy.
VWAP behavior may differ across markets/sessions depending on symbol and exchange rules.
Always combine with your own risk management and confirmation tools.
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。
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。