Sri-VWAP CTF)

📌 Sri-VWAP CTF (Custom Timeframe VWAP)
🔍 Overview

Sri-VWAP CTF is a custom-timeframe, rolling-window VWAP indicator designed to give traders higher-timeframe volume-weighted price context directly on any lower-timeframe chart.

Unlike standard VWAP implementations that are:

Session-anchored (daily/weekly only), or

Locked to the chart timeframe

this script allows the user to independently select the VWAP calculation timeframe and control how the VWAP behaves between higher-timeframe bars.

This makes the indicator especially useful for multi-timeframe analysis, intraday structure trading, and HTF bias confirmation.

⚙️ How It Works (Conceptual Explanation)

This indicator calculates VWAP using a rolling cumulative window instead of a session reset.

Typical Price Calculation
VWAP is derived using the typical price:

(High + Low + Close) / 3


Volume-Weighted Aggregation
The script multiplies the typical price by volume and applies a rolling cumulative sum over a user-defined number of bars.

Rolling VWAP (Non-Session Based)

VWAP is calculated over a fixed number of candles

It does not reset at session boundaries

This provides a smoother, trend-aware VWAP useful for swing and intraday bias

Custom Timeframe Engine
The VWAP calculation is executed on a user-selected higher timeframe using TradingView’s security mechanism and then projected onto the active chart timeframe.

⏱️ Custom Timeframe Logic

You can calculate VWAP on:

15-minute

30-minute

1-hour

Daily

Any supported timeframe

This allows traders to:

Trade on lower TF entries

While respecting higher TF volume-weighted structure

📈 Plot Behavior Modes

The script offers two distinct plotting behaviors:

1️⃣ Hold Between HTF Bars

VWAP value remains constant until the next HTF candle completes

Best for HTF bias, support/resistance, and trend holding

2️⃣ Show Only on HTF Bars

VWAP appears only when a new HTF candle closes

Ideal for precision reference levels and HTF validation

🧠 Why This Is Different / Useful

✔ Not session-anchored
✔ Rolling VWAP instead of reset-based VWAP
✔ Independent calculation timeframe
✔ Controlled projection behavior
✔ Clean, non-repainting logic
✔ Suitable for scalping, intraday, and swing trading

This design avoids the limitations of traditional VWAP tools and provides greater analytical flexibility without clutter.

🎯 How Traders Can Use It

Trend Bias
Price above HTF VWAP → bullish bias
Price below HTF VWAP → bearish bias

Dynamic Support & Resistance
VWAP acts as a volume-weighted equilibrium level

Entry Filtering
Combine with lower-TF price action, RSI, or EMA strategies

Multi-Timeframe Confirmation
Align LTF entries with HTF VWAP direction

⚠️ Notes

VWAP uses actual traded volume, so results depend on data quality

Best used alongside price structure or momentum tools

Indicator does not repaint

✅ Summary

Sri-VWAP CTF is a custom timeframe, rolling VWAP tool built for traders who want clear HTF volume context on any chart, without session limitations or visual noise.