VWAP Cloud

The VWAP Cloud is a dynamic intraday/rolling VWAP indicator with customizable standard deviation bands.
It helps traders identify value zones, overbought/oversold areas, and trend bias based on whether price is trading above or below the VWAP.

VWAP (Volume-Weighted Average Price) acts as a fair-value benchmark.

Inner Cloud (±1 stdev by default) highlights short-term deviations from VWAP.

Outer Cloud (±2 stdev by default) shows extreme zones where reversals or continuation moves are more likely.

Cloud colors adjust dynamically:

🟩 Green = VWAP is rising (bullish bias)

🟥 Red = VWAP is falling (bearish bias)

🩶 Gray Outer Cloud = volatility envelope

This makes the VWAP Cloud useful for scalpers, day traders, and swing traders alike.

⚙️ Inputs & Settings

VWAP Source → Price input for VWAP calculation (default: hlc3).

Reset each session → ON = Session VWAP (resets daily), OFF = Rolling VWAP.

Stdev Lookback → Window length for standard deviation calculation.

Inner Band Multiplier → Width of the first (inner) band.

Outer Band Multiplier → Width of the second (outer) band.

Show VWAP Midline → Toggle the VWAP line on/off.

Cloud Colors → Customize bullish, bearish, and neutral shading.

📊 How to Use

Add VWAP Cloud to your chart.

Choose between Session VWAP (intraday resets) or Rolling VWAP (continuous).

Use Inner Cloud as a short-term fair value zone:

Price inside = balanced trading.

Breakouts above/below = possible momentum continuation.

Watch Outer Cloud for extremes:

Price reaching outer bands often signals exhaustion or potential reversals.

Trend bias:

Price above VWAP = bullish bias.

Price below VWAP = bearish bias.

⚠️ Disclaimer: This tool is for educational purposes. Always combine it with proper risk management and other confluence factors.