VWAP Multi-Timeframe is a free TradingView indicator that plots volume-weighted average price across 14 timeframes (15 minutes through yearly). It includes an external trend direction output (1, -1, 0) for filtering signals on other indicators, a trend table, and optional trend coloring. Every line, label, and color is individually customizable.
WHAT IT DOES
14 VWAP timeframes plus a trend direction output, trend table, trend coloring, and full customization across every line, label, and color.
The indicator plots VWAPs for 14 timeframes: 15 min, 30 min, 1H, 2H, 4H, 6H, 8H, 12H, daily, weekly, monthly, quarterly (3M), semi-annual (6M) and yearly. Each VWAP resets at the start of its corresponding time period. Use lower timeframes for short-term trend control areas and higher timeframes for long-term trend control areas. Each VWAP can be individually toggled on or off.
Each VWAP takes the volume-weighted average of price (default source: HLC3 is the average of high, low and close) for every bar since the start of its reset period. Higher-volume bars pull the VWAP closer to current price, indicating heavy institutional activity at those levels. These VWAP lines act as dynamic support and resistance. Trade long when price is above the VWAPs and short when below.
The indicator outputs a value of 1 (bullish) when price is above all enabled VWAPs, -1 (bearish) when below all enabled VWAPs, and 0 (neutral) when price is between them. This value is labeled “VWAP Multi-Timeframe: Trend Direction To Send To External Indicators” in the data window. Use it to filter other signal-generating indicators so they only give signals in the direction of the VWAP trend.
A display table shows whether price is currently above or below each of the major VWAPs (daily, weekly, monthly, yearly). The table position, background color and text colors are all customizable.
Each VWAP can display trend coloring between the VWAP line and the candle close price. It will show green when price is above the VWAP, red when below. This gives you an instant visual read on your trend position relative to each timeframe’s VWAP.
INTERPRETATION GUIDE
When price is above the daily VWAP but below the intraday VWAPs (like the 4H), you can take small scalp trades within the range the VWAPs create. The daily VWAP tells you the overall trend direction while the intraday VWAPs give you tighter support and resistance to trade between.
Connect the trend direction output to your signal-generating indicators. When the VWAP trend is bullish (output = 1), your signal indicator only fires buy signals. When bearish (output = -1), only sell signals. This prevents signals that go against the VWAP trend and improves your win rate.
CONFIGURATION
The indicator is extensively customizable. Here are the key settings.
GOOD TO KNOW
FREE ON TRADINGVIEW
Add it to your TradingView charts and start trading with 14 timeframes of volume-weighted support and resistance today. No subscription required.
COMMON QUESTIONS
CHANGELOG
Added a detailed explanation of how VWAP is calculated and how to use the levels for scalping within VWAP ranges.
First public release of VWAP Multi-Timeframe with 14 VWAP timeframes, external trend direction output, trend table, trend coloring and full customization.
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