OPEN-SOURCE SCRIPT
Tactical Deviation
TACTICAL DEVIATION - Multi-Timeframe VWAP Deviation Tool
Overview
Tactical Deviation shows daily/weekly/monthly VWAP lines with optional standard deviation bands and signal markers when price reaches configured deviation levels and optional filters are met. It is intended to provide statistical context around price distance from VWAP and highlight areas to review.
What It Plots
- Daily/weekly/monthly VWAP lines (independent toggles)
- ±1σ/±2σ/±3σ deviation bands
- Optional fill between ±2σ bands
- Long/short signal markers based on deviation + filters
- Info table with current deviation levels by timeframe
How It Works
1) VWAP is computed per timeframe using volume-weighted price.
2) Standard deviation is calculated from the same volume-weighted data.
3) Deviation levels are defined by how far price is from VWAP in σ units.
4) Signals can require any combination of:
- Minimum deviation level (1σ/2σ/3σ)
- Volume confirmation (spike or momentum)
- Pivot reversal alignment
- RSI overbought/oversold filter
- Multi-timeframe VWAP confluence
5) Optional dynamic multipliers scale bands using ATR% to adapt to volatility.
How To Use
- Use deviation bands to see when price is near VWAP (inside ±1σ) or statistically stretched (outside ±2σ/±3σ).
- Treat signal markers as alerts to review price behavior at extremes, not as guarantees.
- Start with Daily VWAP + ±2σ bands and volume confirmation, then add Weekly/Monthly VWAP for broader context.
Inputs Summary
- VWAP Settings: show daily/weekly/monthly VWAPs
- Deviation Bands: toggle bands and adjust multipliers
- Dynamic Multipliers: scale bands based on ATR%
- Signals: minimum deviation level, volume confirmation, pivot reversal, RSI filter
- Confluence: require agreement from multiple VWAPs
- Visual: line widths, fill opacity, info table
Originality and Combination Rationale
This script combines multi-timeframe VWAP deviation with optional volatility scaling and confirmation filters (volume, pivots, RSI) so that users can evaluate deviations and confirmations within a single, consistent framework rather than multiple separate indicators.
Notes
- Publish and evaluate on standard candles (not Heikin Ashi, Renko, Kagi, Point & Figure, or Range).
- Keep the chart clean with only this script unless additional tools are required and explained.
- No performance claims are made; results depend on market conditions and settings.
Overview
Tactical Deviation shows daily/weekly/monthly VWAP lines with optional standard deviation bands and signal markers when price reaches configured deviation levels and optional filters are met. It is intended to provide statistical context around price distance from VWAP and highlight areas to review.
What It Plots
- Daily/weekly/monthly VWAP lines (independent toggles)
- ±1σ/±2σ/±3σ deviation bands
- Optional fill between ±2σ bands
- Long/short signal markers based on deviation + filters
- Info table with current deviation levels by timeframe
How It Works
1) VWAP is computed per timeframe using volume-weighted price.
2) Standard deviation is calculated from the same volume-weighted data.
3) Deviation levels are defined by how far price is from VWAP in σ units.
4) Signals can require any combination of:
- Minimum deviation level (1σ/2σ/3σ)
- Volume confirmation (spike or momentum)
- Pivot reversal alignment
- RSI overbought/oversold filter
- Multi-timeframe VWAP confluence
5) Optional dynamic multipliers scale bands using ATR% to adapt to volatility.
How To Use
- Use deviation bands to see when price is near VWAP (inside ±1σ) or statistically stretched (outside ±2σ/±3σ).
- Treat signal markers as alerts to review price behavior at extremes, not as guarantees.
- Start with Daily VWAP + ±2σ bands and volume confirmation, then add Weekly/Monthly VWAP for broader context.
Inputs Summary
- VWAP Settings: show daily/weekly/monthly VWAPs
- Deviation Bands: toggle bands and adjust multipliers
- Dynamic Multipliers: scale bands based on ATR%
- Signals: minimum deviation level, volume confirmation, pivot reversal, RSI filter
- Confluence: require agreement from multiple VWAPs
- Visual: line widths, fill opacity, info table
Originality and Combination Rationale
This script combines multi-timeframe VWAP deviation with optional volatility scaling and confirmation filters (volume, pivots, RSI) so that users can evaluate deviations and confirmations within a single, consistent framework rather than multiple separate indicators.
Notes
- Publish and evaluate on standard candles (not Heikin Ashi, Renko, Kagi, Point & Figure, or Range).
- Keep the chart clean with only this script unless additional tools are required and explained.
- No performance claims are made; results depend on market conditions and settings.
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
TradingViewの精神に則り、このスクリプトの作者はコードをオープンソースとして公開してくれました。トレーダーが内容を確認・検証できるようにという配慮です。作者に拍手を送りましょう！無料で利用できますが、コードの再公開はハウスルールに従う必要があります。
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。