Institutional VWAPs

📊 Institutional VWAPs - Multi-Timeframe Confluence Detection
Track the VWAP levels that institutions are watching. This comprehensive indicator identifies high-probability reversal zones by detecting confluences between multiple timeframe VWAPs.
✨ Key Features:

4 Customizable VWAPs - Mix Daily, Weekly, Monthly, Quarterly, Yearly, RTH, or Rolling anchors
Institutional Rolling VWAP - Default 200-period used by algorithms and smart money
Automatic Confluence Detection - Highlights zones where multiple VWAPs converge
Standard Deviation Bands - 1, 2, and 3 sigma levels for mean reversion trades
Real-time Distance Tracking - Shows current price position in standard deviations
Clean Visual Design - Professional appearance with customizable colors and styles

🎯 Perfect For:

Day traders seeking institutional support/resistance levels
Swing traders identifying high-probability reversal zones
Scalpers trading mean reversion from deviation bands
Anyone wanting to see where algorithms are positioned

💡 How It Works:
The indicator monitors up to 4 VWAPs simultaneously and automatically detects when they converge within your specified threshold. These confluence zones act as powerful magnets for price action, often marking significant reversals.
🔧 Smart Defaults:

VWAP 1: Daily (Primary intraday anchor)
VWAP 2: RTH (Regular Trading Hours)
Rolling: 200-period (Institutional standard)
Confluence threshold: 0.2% (Optimal for most instruments)

Stop guessing where institutions are positioned. See exactly where the smart money is watching.