Tactical DeviationTACTICAL DEVIATION - Multi-Timeframe VWAP Deviation Tool
Overview
Tactical Deviation shows daily/weekly/monthly VWAP lines with optional standard deviation bands and signal markers when price reaches configured deviation levels and optional filters are met. It is intended to provide statistical context around price distance from VWAP and highlight areas to review.
What It Plots
- Daily/weekly/monthly VWAP lines (independent toggles)
- ±1σ/±2σ/±3σ deviation bands
- Optional fill between ±2σ bands
- Long/short signal markers based on deviation + filters
- Info table with current deviation levels by timeframe
How It Works
1) VWAP is computed per timeframe using volume-weighted price.
2) Standard deviation is calculated from the same volume-weighted data.
3) Deviation levels are defined by how far price is from VWAP in σ units.
4) Signals can require any combination of:
- Minimum deviation level (1σ/2σ/3σ)
- Volume confirmation (spike or momentum)
- Pivot reversal alignment
- RSI overbought/oversold filter
- Multi-timeframe VWAP confluence
5) Optional dynamic multipliers scale bands using ATR% to adapt to volatility.
How To Use
- Use deviation bands to see when price is near VWAP (inside ±1σ) or statistically stretched (outside ±2σ/±3σ).
- Treat signal markers as alerts to review price behavior at extremes, not as guarantees.
- Start with Daily VWAP + ±2σ bands and volume confirmation, then add Weekly/Monthly VWAP for broader context.
Inputs Summary
- VWAP Settings: show daily/weekly/monthly VWAPs
- Deviation Bands: toggle bands and adjust multipliers
- Dynamic Multipliers: scale bands based on ATR%
- Signals: minimum deviation level, volume confirmation, pivot reversal, RSI filter
- Confluence: require agreement from multiple VWAPs
- Visual: line widths, fill opacity, info table
Originality and Combination Rationale
This script combines multi-timeframe VWAP deviation with optional volatility scaling and confirmation filters (volume, pivots, RSI) so that users can evaluate deviations and confirmations within a single, consistent framework rather than multiple separate indicators.
Notes
- Publish and evaluate on standard candles (not Heikin Ashi, Renko, Kagi, Point & Figure, or Range).
- Keep the chart clean with only this script unless additional tools are required and explained.
- No performance claims are made; results depend on market conditions and settings.
Vwapdeviations
Adaptive VWAP Stdev BandsIntroduction
Heyo, here are some adaptive VWAP Standard Deviation Bands with nice colors.
I used Ehlers dominant cycle theories and ZLSMA smoothing to create this indicator.
You can choose between different algorithms to determine the dominant cycle and this will be used as reset period.
Everytime bar_index can be divided through the dominant cycle length and the result is zero VWAP resets if have chosen an adaptive mode in the settings.
The other reset event you can use is just a simple time-based event, e.g. reset every day.
Usage
I think people buy/sell when it reaches extreme zones.
Enjoy!
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Credits to:
@SandroTurriate - VWAP Stdev Bands
@blackcat1402 - Dominant Cycle Analysis
@DasanC - Dominant Cycle Analysis
@veryfid - ZLSMA
(Sry, too lazy for linking)
I took parts of their code. Ty guys for your work! Just awesome.
