Daily VWAP Levels by SKL

📊 Daily VWAP Levels (Current & Previous)
This script displays the Volume Weighted Average Price (VWAP) for both:

• 📅 Current Trading Day (cVWAP) – updates in real-time
  
• 🕓 Previous Trading Day (pVWAP) – remains fixed throughout the day
  

✅ Features

• Current VWAP is plotted as a solid line (blue), updating with every candle
  
• Previous Day VWAP is shown as a horizontal line (green), captured at the close of the last session
  
• Designed for intraday timeframes (1min–60min)
• Ideal for identifying intraday bias, trend direction, and potential support/resistance levels
  

🛠️ How It Works

• The script detects the start of each new trading day using time-based logic (time("D"))
  
• It stores the final VWAP value of the previous session and displays it throughout the current session
  
• Works automatically on crypto, stocks, and futures
  
• For stocks, disable “Extended Hours” in chart settings if you want regular session VWAP only
  

🔔 Use Cases

• Identify intraday trend alignment (e.g. price > both VWAPs = bullish bias)
  
• Use pVWAP as a dynamic S/R level for entries and exits
  
• Monitor VWAP crossovers for intraday trade setups