divergence software, inc.
Development & Consulting Services
Product Detail
VWAP Bands for TradingView
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
The VWAP Bands for TradingView indicator will calculate and plot the Volume Weighted Average Price (VWAP) in either the Daily, Weekly, or Monthly session. It will also plot up to two sets of deviation bands that are cumulative based on the selected session. For the deviation bands, you can select from Standard Deviation or Standard Error for the calculation logic.
In the settings dialog, you can adjust the session, price source, deviation calculation, and set the number of deviations to use for each set of bands. Each set of bands can be toggled on/off individually.
While, as mentioned above, you can adjust the session setting, the indicator will automatically select the most appropriate session if you move into a chart interval that does not support the currently defined session.
Specifications
- Product ID: TV0015
- Study only, no source code provided
- Requires TradingView