OPEN-SOURCE SCRIPT
Cập nhật VWAP + EMAs + Donchian + Dynamic Levels
SUMMARY
This is a multi-layered price panel that gives you:
Fair value (VWAP)
Trend (EMAs)
Breakout signals (Donchian)
Context & mean reversion (Dynamic Levels)
TRADING STRATEGIES (How to Use)
Strategy Signal Breakout VWAP or price crosses above Donchian Upper → Long
PullbackPrice touches Dynamic Low + EMA bounce → Buy dip
Mean Reversion VWAP far from Dynamic Mid → expect pullback
Trend Filter EMA Fast > EMA Slow → uptrend, only take longs
ScalpingSet Dynamic Lookback = 0 → live high/low for entries
BEST PRACTICES
Tip Action Use on 5m–1H charts
Best for intraday Combine with volume profile Confirm support
Turn off Dynamic on fast charts, Avoid noise
Use Donchian fill as no-trade zone Wait for breakout
WHAT IS IT'S PURPOSE
VWAP (Blue Line), Volume-weighted average price of current session,Institutional fair value
EMA Fast (Green),5-period EMA,Short-term trend
EMA Slow (Orange),10-period EMA,Medium-term trend
Donchian Channel,20-bar High/Low + Mid,Breakout & volatility
Dynamic Levels,100-bar High/Low + Mid,Longer-term context
Dynamic Levels — What They Are
Dynamic Levels = Highest High / Lowest Low / Midpoint over a user-defined lookback period
Donchian = Breakout-focused
Dynamic Levels = Longer-term context
Signal,Action
VWAP crosses above Dynamic High, Overextended → fade
Price bounces off Dynamic Low, Buy the dip
EMA reverts to Dynamic Mid, Mean reversion
lookback = 0 + VWAP, Live fair value
This is a multi-layered price panel that gives you:
Fair value (VWAP)
Trend (EMAs)
Breakout signals (Donchian)
Context & mean reversion (Dynamic Levels)
TRADING STRATEGIES (How to Use)
Strategy Signal Breakout VWAP or price crosses above Donchian Upper → Long
PullbackPrice touches Dynamic Low + EMA bounce → Buy dip
Mean Reversion VWAP far from Dynamic Mid → expect pullback
Trend Filter EMA Fast > EMA Slow → uptrend, only take longs
ScalpingSet Dynamic Lookback = 0 → live high/low for entries
BEST PRACTICES
Tip Action Use on 5m–1H charts
Best for intraday Combine with volume profile Confirm support
Turn off Dynamic on fast charts, Avoid noise
Use Donchian fill as no-trade zone Wait for breakout
WHAT IS IT'S PURPOSE
VWAP (Blue Line), Volume-weighted average price of current session,Institutional fair value
EMA Fast (Green),5-period EMA,Short-term trend
EMA Slow (Orange),10-period EMA,Medium-term trend
Donchian Channel,20-bar High/Low + Mid,Breakout & volatility
Dynamic Levels,100-bar High/Low + Mid,Longer-term context
Dynamic Levels — What They Are
Dynamic Levels = Highest High / Lowest Low / Midpoint over a user-defined lookback period
Donchian = Breakout-focused
Dynamic Levels = Longer-term context
Signal,Action
VWAP crosses above Dynamic High, Overextended → fade
Price bounces off Dynamic Low, Buy the dip
EMA reverts to Dynamic Mid, Mean reversion
lookback = 0 + VWAP, Live fair value
Phát hành các Ghi chú
Added VWAP TogglePhát hành các Ghi chú
Added VWAP bandsPhát hành các Ghi chú
change textPhát hành các Ghi chú
Added buttons for Ema'sMã nguồn mở
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Mã nguồn mở
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Thông báo miễn trừ trách nhiệm
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.