OPEN-SOURCE SCRIPT
Mag 7 VWAP Table

The **Mag 7 VWAP Table** is a real-time monitoring dashboard for the "Magnificent Seven" stocks. It provides a clean, professional table on your chart showing whether each stock is trading above or below its daily VWAP, its current price, and its intraday performance compared to yesterday's close.
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## **Indicator Overview**
This script acts as a **market health dashboard**. By tracking the seven most influential stocks in the NASDAQ (AAPL, MSFT, GOOGL, AMZN, NVDA, META, TSLA), it gives traders an immediate sense of market sentiment. If the majority of these stocks are "ABOVE VWAP" and green, the broader market is likely in a strong bullish state.
### **Core Utility & Value**
* **Institutional Alignment:** VWAP (Volume Weighted Average Price) is the primary benchmark used by institutional traders. Knowing if the Mag 7 are above or below this level tells you if big money is buying or selling the "generals" of the market.
* **Screen Real Estate Efficiency:** Instead of opening seven different charts, you can monitor the most important tickers in the corner of your main trading screen.
* **Performance Tracking:** Real-time percentage change allows you to spot which of the tech giants is leading or lagging during the session.
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## **Key Technical Features**
| Feature | Description |
| --- | --- |
| **Multi-Symbol Data** | Uses `request.security` to pull live data for all seven tickers simultaneously. |
| **Precision VWAP** | Calculates VWAP from a **1-minute base** (configurable). This ensures the "Daily VWAP" is hyper-accurate and resets exactly at the session open. |
| **Visual Alerts** | Uses a color-coded system (Teal/Red) for instant visual recognition of VWAP status. |
| **Zero-Lag Table** | Built using the `table` object, which remains fixed on your screen regardless of where you scroll on the chart. |
| **Version 6 Optimized** | Written in the latest **Pine Script v6**, ensuring maximum performance and compatibility with new TradingView features. |
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## **How to Read the Table**
1. **Stock:** The ticker symbol (NASDAQ prefix removed for cleanliness).
2. **Price:** The current live market price of the asset.
3. **VWAP Status:** * **ABOVE VWAP (Teal):** Bullish. The stock is trading higher than the average price paid by all traders today, weighted by volume.
* **BELOW VWAP (Red):** Bearish. The stock is underperforming its daily average.
4. **% Change:** The net gain or loss since yesterday's 4:00 PM EST close. Includes dynamic arrows (**▲/▼**) for quick reading.
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## **Pro Tip for Usage**
Since these stocks represent over **40% of the NASDAQ-100's weight**, use this table as a **confluence filter**. For example, if you are looking to take a "Long" trade on the QQQ or NQ futures, you would ideally want to see at least 5 out of the 7 stocks in this table showing **"ABOVE VWAP"**.
---
## **Indicator Overview**
This script acts as a **market health dashboard**. By tracking the seven most influential stocks in the NASDAQ (AAPL, MSFT, GOOGL, AMZN, NVDA, META, TSLA), it gives traders an immediate sense of market sentiment. If the majority of these stocks are "ABOVE VWAP" and green, the broader market is likely in a strong bullish state.
### **Core Utility & Value**
* **Institutional Alignment:** VWAP (Volume Weighted Average Price) is the primary benchmark used by institutional traders. Knowing if the Mag 7 are above or below this level tells you if big money is buying or selling the "generals" of the market.
* **Screen Real Estate Efficiency:** Instead of opening seven different charts, you can monitor the most important tickers in the corner of your main trading screen.
* **Performance Tracking:** Real-time percentage change allows you to spot which of the tech giants is leading or lagging during the session.
---
## **Key Technical Features**
| Feature | Description |
| --- | --- |
| **Multi-Symbol Data** | Uses `request.security` to pull live data for all seven tickers simultaneously. |
| **Precision VWAP** | Calculates VWAP from a **1-minute base** (configurable). This ensures the "Daily VWAP" is hyper-accurate and resets exactly at the session open. |
| **Visual Alerts** | Uses a color-coded system (Teal/Red) for instant visual recognition of VWAP status. |
| **Zero-Lag Table** | Built using the `table` object, which remains fixed on your screen regardless of where you scroll on the chart. |
| **Version 6 Optimized** | Written in the latest **Pine Script v6**, ensuring maximum performance and compatibility with new TradingView features. |
---
## **How to Read the Table**
1. **Stock:** The ticker symbol (NASDAQ prefix removed for cleanliness).
2. **Price:** The current live market price of the asset.
3. **VWAP Status:** * **ABOVE VWAP (Teal):** Bullish. The stock is trading higher than the average price paid by all traders today, weighted by volume.
* **BELOW VWAP (Red):** Bearish. The stock is underperforming its daily average.
4. **% Change:** The net gain or loss since yesterday's 4:00 PM EST close. Includes dynamic arrows (**▲/▼**) for quick reading.
---
## **Pro Tip for Usage**
Since these stocks represent over **40% of the NASDAQ-100's weight**, use this table as a **confluence filter**. For example, if you are looking to take a "Long" trade on the QQQ or NQ futures, you would ideally want to see at least 5 out of the 7 stocks in this table showing **"ABOVE VWAP"**.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.