[Smith] VWAP Deviation +

14 มิ.ย.

[Smith] VWAP Deviation +

Short Description:
Advanced VWAP indicator with deviation bands, smart signal filtering, and session-based performance tracking. Features log-space scaling, RSI confirmation, volume filters, and market regime detection.

Full Description:

The [Smith] VWAP Deviation + is a comprehensive trading indicator that combines Volume Weighted Average Price (VWAP) analysis with advanced signal filtering to identify high-probability trade opportunities. This indicator goes beyond basic VWAP by incorporating multiple confirmation layers and intelligent market analysis.

🎯 Key Features

Core VWAP Analysis:
- Custom volume-weighted mean calculation with deviation bands (2σ and 3σ)
- Optional log-space scaling for proportional price movements
- Real-time VWAP line with customizable visibility

Smart Signal Detection:
- RSI confirmation for all trade signals
- Volume filter requiring above-average trading activity
- Market regime detection (trending vs ranging markets)
- Optional RSI divergence analysis

Advanced Filtering:
- Multi-condition signal validation
- Session-based performance tracking (Asian, London, NY)
- Real-time win rate calculation
- Strong vs regular signal classification

Visual Features:
- Clean, professional interface with customizable colors
- Optional signal shapes and annotations
- Performance statistics table
- Filled deviation bands for easy visualization

📊 How It Works

The indicator identifies trade opportunities when:
1. Price touches VWAP deviation bands (2σ or 3σ)
2. RSI confirms oversold/overbought conditions
3. Volume exceeds the specified threshold
4. Market regime conditions are favorable

Signal Types:
- LONG: Price at lower bands + RSI oversold + volume confirmation
- SHORT: Price at upper bands + RSI overbought + volume confirmation
- STRONG: Same conditions but at 3σ bands for higher conviction trades

⚙️ Customization Options

Core Settings:
- VWAP length and source selection
- Adjustable deviation multipliers
- Log-space scaling toggle

Signal Filters:
- RSI length and threshold levels
- Volume filter with customizable multiplier
- Market type filtering options

Advanced Features:
- Session statistics tracking
- RSI divergence detection
- Market regime analysis

Visual Controls:
- Show/hide individual components
- Custom color schemes
- Signal display toggles

🔔 Alert System

Built-in alerts for:
- Long and short trade opportunities
- Strong signal confirmations
- RSI divergence signals

💡 Best Practices

- Use higher timeframes (15m+) for more reliable signals
- Combine with additional confirmation indicators
- Pay attention to session statistics for timing optimization
- Monitor market regime indicators for context

This indicator is suitable for day traders, swing traders, and anyone looking to improve their VWAP-based trading strategies with advanced filtering and market analysis.

14 มิ.ย.

เอกสารเผยแพร่

[Smith] VWAP Deviation+

Short Description:
Advanced VWAP indicator with deviation bands, smart signal filtering, and session-based performance tracking. Features log-space scaling, RSI confirmation, volume filters, and market regime detection.

Full Description:

The [Smith] VWAP Deviation+ is a comprehensive trading indicator that combines Volume Weighted Average Price (VWAP) analysis with advanced signal filtering to identify high-probability trade opportunities. This indicator goes beyond basic VWAP by incorporating multiple confirmation layers and intelligent market analysis.

🎯 Key Features

Core VWAP Analysis:
- Custom volume-weighted mean calculation with deviation bands (2σ and 3σ)
- Optional log-space scaling for proportional price movements
- Real-time VWAP line with customizable visibility

Smart Signal Detection:
- RSI confirmation for all trade signals
- Volume filter requiring above-average trading activity
- Market regime detection (trending vs ranging markets)
- Optional RSI divergence analysis

Advanced Filtering:
- Multi-condition signal validation
- Session-based performance tracking (Asian, London, NY)
- Real-time win rate calculation
- Strong vs regular signal classification

Visual Features:
- Clean, professional interface with customizable colors
- Optional signal shapes and annotations
- Performance statistics table
- Filled deviation bands for easy visualization

📊 How It Works

The indicator identifies trade opportunities when:
1. Price touches VWAP deviation bands (2σ or 3σ)
2. RSI confirms oversold/overbought conditions
3. Volume exceeds the specified threshold
4. Market regime conditions are favorable

Signal Types:
- LONG: Price at lower bands + RSI oversold + volume confirmation
- SHORT: Price at upper bands + RSI overbought + volume confirmation
- STRONG: Same conditions but at 3σ bands for higher conviction trades

⚙️ Customization Options

Core Settings:
- VWAP length and source selection
- Adjustable deviation multipliers
- Log-space scaling toggle

Signal Filters:
- RSI length and threshold levels
- Volume filter with customizable multiplier
- Market type filtering options

Advanced Features:
- Session statistics tracking
- RSI divergence detection
- Market regime analysis

Visual Controls:
- Show/hide individual components
- Custom color schemes
- Signal display toggles

🔔 Alert System

Built-in alerts for:
- Long and short trade opportunities
- Strong signal confirmations
- RSI divergence signals

💡 Best Practices

- Use higher timeframes (15m+) for more reliable signals
- Combine with additional confirmation indicators
- Pay attention to session statistics for timing optimization
- Monitor market regime indicators for context

This indicator is suitable for day traders, swing traders, and anyone looking to improve their VWAP-based trading strategies with advanced filtering and market analysis.