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Session VWAPs

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OVERVIEW
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This indicator automatically anchors VWAP lines at key trading session openings. By default, it calculates separate VWAPs starting at the London Open (03:00 EST) and New York Open (09:30 EST), allowing traders to track institutional price levels from these critical market sessions.

KEY FEATURES
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✓ Dual Session VWAPs - London and New York opens
✓ Fully Customizable Times - Set any session opening time
✓ Timezone Support - Choose from UTC-12 to UTC+14
✓ Color Customization - Personalize each VWAP line color
✓ Adjustable Line Width - Set line thickness (1-5)
✓ Visual Session Markers - Labels show "LDN" and "NY" at session starts
✓ Clean Chart Display - Minimal, professional appearance

HOW IT WORKS
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The indicator anchors a new VWAP calculation at the specified session opening times. Each VWAP continues to calculate throughout the day until the next session opening the following day, when it resets and starts fresh.

VWAP (Volume Weighted Average Price) is calculated using the typical price (HLC3) weighted by volume, providing dynamic support/resistance levels that reflect institutional trading activity.

DEFAULT SETTINGS
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• London Session: 03:00 UTC-5 (Blue line)
• New York Session: 09:30 UTC-5 (Red line)
• Timezone: UTC-5 / EST (adjustable)

CUSTOMIZATION
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All parameters are fully adjustable in the indicator settings:
- Session opening hours and minutes
- VWAP line colors
- Line width/thickness
- Timezone offset

USE CASES
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• Identify key institutional price levels
• Track session-specific support/resistance
• Monitor price action relative to session opens
• Combine with other strategies for confluence
• Observe how price reacts to VWAP during different sessions

IDEAL FOR
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• Intraday traders
• Scalpers
• Day traders focusing on London/New York sessions
• Traders using VWAP strategies
• Anyone tracking institutional order flow

NOTES
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- Works on all timeframes (recommended: 1min to 1hour)
- Best used on liquid instruments
- VWAPs reset daily at the specified session times
- Can be used standalone or combined with other indicators

SETTINGS GUIDE
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London Session Group:
- Hour: Session opening hour (0-23)
- Minute: Session opening minute (0-59)
- Color: VWAP line color
- Line Width: Thickness of the line

New York Session Group:
- Hour: Session opening hour (0-23)
- Minute: Session opening minute (0-59)
- Color: VWAP line color
- Line Width: Thickness of the line

Timezone:
- Select your local timezone (UTC-12 to UTC+14)
- Default: UTC-5 (EST)

כתב ויתור

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