VMMA Wave Edges [MTF]

The VMMA Wave Edges [MTF] is a multi-timeframe (MTF) overlay indicator that plots dynamic upper and lower edges formed by a band of Volume-Weighted Moving Averages (VWMAs) of varying lengths. It computes N VWMAs with lengths increasing arithmetically from start_len by incr, then plots:The maximum of all VWMAs → Upper Edge
The minimum of all VWMAs → Lower Edge

These edges are calculated on a higher timeframe (mtf_tf) and projected onto the current chart, creating a smooth, volume-sensitive envelope that adapts to volatility and trend strength.Use & InterpretationFeature
Purpose
Upper Edge
Dynamic resistance zone; price often reacts when approaching or breaking above.
Lower Edge
Dynamic support zone; price tends to bounce or consolidate near it.
Edge Contraction
Low volatility → potential breakout setup.
Edge Expansion
High volatility → trend continuation or exhaustion.
MTF Projection
Avoids repainting & noise by using cleaner higher-timeframe data.

Trading ApplicationsMean ReversionBuy near Lower Edge, sell near Upper Edge (especially in ranging markets).

Breakout ConfirmationPrice closing above Upper Edge on MTF → bullish breakout.
Below Lower Edge → bearish.

Trend FilterIn uptrend: price above Upper Edge → strong momentum.
In downtrend: price below Lower Edge → strong bearish control.

Support/Resistance FlipBroken Upper Edge → becomes future support (and vice versa).