VWAP Indicators for thinkorswim
A collection of custom thinkorswim indicators — including two available for free.
Intraday
Also Available For:
Download our free intraday VWAP indicator for thinkorswim, which includes optional standard deviation bands, an optimized user interface, and more.
Anchoring to the open of each market day by default, this indicator serves as an essential visual reference point and is a core part of our framework for intraday trading.
Core features:
Multiple standard deviation band inputs
Dynamic color-coding for plots and clouds
Day, Week, or Month presets for VWAP length
Adjustable tolerance bands for zone buffers
Customizable colors and line styles for all plots
DateVWAP
Also Available For:
Our all-in-one anchored VWAP tool for thinkorswim, which gives traders the ability to launch a VWAP and optional standard deviation bands from any point in a chart's history.
By far our most powerful tool, DateVWAP includes multiple input options — YYYYMMDD HHMM, number of days ago, or automatically identified highs and lows.
Core features:
Both manual and automatic input methods
Capability to plot standard deviation bands
Toggle on/off chart labels for quick analysis
Automatic preset to anchor to chart's IPO
Customizable colors and line styles for all plots
Aspect
Also Available For:
Measure and monitor the slope of intraday VWAP to gauge the intensity of price moves in either
direction.
Aspect is first and foremost a confirmation tool, which we've incorporated into our approach to help
assess the quality of potential setups (and likelihood of continuation) as they develop.
Core features:
Adjustable lookback period for slope calculation
Multiple different display styles
Sensitivity presets for different market types
Customizable sensitivity input for full user control
DevWidth and Position (Z-Score) modes on TOS and TV
AutoVWAP
Also Available For:
Another anchored VWAP indicator for thinkorswim, designed to automatically identify notable highs and lows from any chart's history and launch VWAPs from those key levels.
AutoVWAP is designed to provide significant time savings and removes much of the guesswork typically required when anchoring longer-term VWAPs.
Core features:
Automatic or Manual (find H/L within X bars) search methods
Option to visualize search zones and VWAP initiation points
Multiple highlight methods (line, dot, BarID) included
Works on any chart length or bar size (1-min, 5-min, etc)
Customizable colors and line styles for all plots
EventVWAP
Also Available For:
EventVWAP is a specialized anchored VWAP indicator, built to automatically detect notable events in a chart's history and launch VWAPs from those points.
It requires no manual date input from the user and instead provides a list of preset options to select from — earnings, technical gaps, options expiries, etc.
Core features:
thinkorswim presets: Earnings, Gaps, Options Expiry, Swing
TradingView presets: Earnings, Gaps
Anchor up to four VWAPs of the same type at once
Customizable colors and line styles for all plots
Adjustable gap threshold to qualify as anchor point
VWAP Boulevard
Also Available For:
Download one of our thinkorswim anchored VWAP indicators — VWAP Boulevard — for free.
This tool automatically detects the three highest-volume candles in chart's history and launches both continuous and static VWAPs from those identifies anchor points — requiring no manual date input from the user.
Core features:
Plots both static and continuous VWAPs
Automated or user-selected fixed lookback period
Anchor up to three VWAPs of each type at once
Customizable colors and line styles for all plots
Multiple mode presets for different applications
Dashboard
Also Available For:
Just as the name implies, this indicator automatically calculate and displays several key VWAP metrics
in a consolidated dashboard.
When used in tandem with our free Intraday indicator, Dashboard allows traders to quickly assess a chart's
volatility in the content of its intraday volume-weighted average price.
Core features:
Track deviation width and distance from VWAP ($ and %),
Position size calculator for rapid risk assessment
Toggle between intraday, weekly, and monthly VWAP metrics
All metrics can be turned on/off by user
Position on chart adjustable in TradingView
Average Volume
Utilize any one of four different analysis methods to compare the current day's volume to historical
benchmarks of the chart in use.
Average Volume is more so a bonus indicator that isn't directly incorporated in our strategy, but it
provides a unique and detailed look into volume analysis for those interested.
Core features:
Four different display methods
Compare current vol vs historical avg at same time of day
User-defined rolling MA to track volume-per-bar over time
Plot volume as raw dollars and track vs daily/bar averages
Compare volume of current bar to same bar on prior days
Annual members recieve lifetime access to every indicator.
VIEW MEMBERSHIP PLANSFrequently Asked Questions
Absolutely not. All indicator purchases include free lifetime access with no recurring fees. Even if you gain access to them for free with a membership plan that you eventually cancel, you'll still be able to log in and re-download them if needed.
Whether you sign up for an annual membership or purchase any of the indicators separately, you'll be able to access them immediately via our member portal.
Our member portal provides step-by-step instructions to help you add each indicator to your thinkorswim platform. And if needed, you're always welcome to reach out with questions.
We'll send you Intraday for free, plus a tutorial of its features and settings.
We'll send you Boulevard for free, plus a tutorial of its features and settings.
Have a question?
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Equities, Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
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