VWMA 200 (HTF) + Fibonacci Bands

VWMA 200 (HTF) + Fibonacci Bands + VWAP Trend Dashboard

This indicator combines a Higher Timeframe VWMA (default: 200) with volatility bands and Fibonacci-based internal levels, plus anchored VWAPs (Daily / Weekly / Monthly) and an optional trend dashboard table.

It was designed to help you quickly spot:

where price is relative to a major HTF VWMA mean

whether price is trading in normal / extreme zones

how price is positioned versus session/period VWAPs

a simple “at-a-glance” trend bias across multiple anchors

What’s included

1) VWMA 200 (HTF)

VWMA is calculated on a locked timeframe (HTF) using request.security.

Default source is HLC3, but you can change the source.

2) Volatility bands + Fibonacci levels

The outer bands are based on a scaled standard deviation (mult * stdev) around the HTF VWMA.

Internal bands use Fibonacci ratios:

11.8% / 23.6% / 38.2% / 50% / 61.8% / 76.4% / 88.6% / 100%

Clean labels on the right side show each level as a percentage.

3) Extreme candle highlighting

Candles can be highlighted when the close is beyond the 76.4% band (upper or lower).

Helps identify potential stretched conditions / breakout zones.

4) Anchored VWAPs

Optional Daily / Weekly / Monthly VWAP (anchored by period change).

Optional VWAP labels on the right side (toggle separately).

5) Trend Dashboard Table

Optional table showing Bullish / Bearish / Neutral for:

VWAP D, VWAP W, VWAP M, and VWMA HTF

Displays distance from each reference in points (price units).

Includes a Confluence row:

Bullish if price is above all references

Bearish if price is below all references

Mixed otherwise

Table position can be customized (Top Right / Top Left / Bottom Right / Bottom Left).

How to use (quick guide)

Mean reversion / structure: Use the HTF VWMA as the central “mean” reference.

Zones: Fibonacci bands show progressively stronger deviation zones from the mean.

Extremes: Candle coloring beyond 76.4% can highlight stretched price action.

Trend bias: The dashboard helps confirm whether price is aligned above or below key anchors (VWAPs + VWMA HTF).

Confluence: When multiple anchors agree, trend conviction tends to be higher.

Notes / Disclaimer

This tool is intended for context and decision support, not as a standalone strategy.

VWAP behavior may differ across markets/sessions depending on symbol and exchange rules.

Always combine with your own risk management and confirmation tools.