OPEN-SOURCE SCRIPT
Supply and Demand + VWAP Bands by Gumball
This all-in-one indicator combines Multi-Timeframe Supply and Demand Zones with Weekly and Monthly VWAP Standard Deviation Bands to give you a complete edge on market structure, liquidity, and dynamic price levels.
Key Features:
- Multi-Timeframe S&D Zones: Automatically plots high-probability Supply and Demand zones across multiple timeframes (from M5 up to D1) using sweep and impulse verification.
- Weekly and Monthly VWAP Bands: Displays anchored Weekly (WVWAP) and Monthly (MVWAP) lines along with customizable Standard Deviation Bands to easily identify trend extensions and price discovery phases.
- Fully Customizable: Easily toggle timeframes, adjust standard deviation multipliers, change colors, and hide or show broken zones.
Trading Pro-Tip:
For best results, pair this indicator with a Volume Profile tool (such as Visible Range Volume Profile or Fixed Range VP). Combining S&D zones and VWAP bands with High Volume Nodes (HVN) and Points of Control (POC) provides ultra-high-confluence setups.
Key Features:
- Multi-Timeframe S&D Zones: Automatically plots high-probability Supply and Demand zones across multiple timeframes (from M5 up to D1) using sweep and impulse verification.
- Weekly and Monthly VWAP Bands: Displays anchored Weekly (WVWAP) and Monthly (MVWAP) lines along with customizable Standard Deviation Bands to easily identify trend extensions and price discovery phases.
- Fully Customizable: Easily toggle timeframes, adjust standard deviation multipliers, change colors, and hide or show broken zones.
Trading Pro-Tip:
For best results, pair this indicator with a Volume Profile tool (such as Visible Range Volume Profile or Fixed Range VP). Combining S&D zones and VWAP bands with High Volume Nodes (HVN) and Points of Control (POC) provides ultra-high-confluence setups.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.