Jose's Rolling VWAP with Bands

Rolling VWAP with Customizable Deviation Bands

This indicator plots a rolling Volume Weighted Average Price (VWAP) over a user-defined lookback period, rather than resetting each day or from a fixed anchor point. The rolling calculation makes it act more like a moving average — but weighted by volume — providing a smoother, more adaptive central price line.

It also includes up to three optional deviation bands, which can be independently toggled on/off and assigned their own multipliers. These bands are calculated using the chosen lookback’s standard deviation, giving traders a quick visual of price dispersion around VWAP.

Features:

Adjustable rolling VWAP lookback length

Up to 3 customizable standard deviation bands

Individual checkboxes for enabling/disabling each band

Independent multiplier control for each band

Works on any timeframe and symbol

Uses:

Identify overextended price moves relative to VWAP

Spot dynamic support/resistance zones

Gauge mean reversion opportunities

Confirm trend strength when price hugs or breaks away from VWAP