VWAP Boulevard for TradingView
Grab the indicator below and watch the video tutorial to get started.
Effective on multiple timeframes, VWAP Boulevard auto-detects the three highest-volume candles in a chart's history and launches both static and continuous VWAPs from each of the identified anchor points.
Please be sure to read through this entire page for a full overview of the indicator and import instructions.
When on a non-Daily timeframe, Boulevard finds the three highest volume BARS in the selected search
range, not DAYS — hence the (dismissable) warning label in the chart's upper right. To follow ADF's
approach, you'll need to focus on the Daily chart, checking lower timeframe Boulevards only
when needed. Non-Daily timeframes can be disabled in the Visibility tab as desired. One way to retain Daily Boulevard levels on smaller timeframes is this workaround.
Please make sure "Scale Price Chart Only" is turned on in your chart settings. Right-click the price axis of any chart — "Scale Price Chart Only" will be the fourth option listed in the displayed menu. This prevents far-off Boulevard levels from messing with the scaling of your chart (as the chart normally expands to show indicator levels, even far-away).
Settings - Inputs
The number of CALENDAR DAYS (not trading days!) back for which Boulevard will find the highest-volume candles. Default value is 365.
Toggle on/off the display of static/fixed Boulevard levels. Rare that you would ever turn this off unless focusing solely on continuous VWAPs.
Toggle on/off for continuous/ongoing VWAPs from the identified Boulevard candles or days.
Choose whether the date of the identified Boulevard levels will be displayed.
Change the default display colors for both static and continuous plots, but the color of continuous plots can then be changed in the Style tab if desired.
Toggle on/off for a dashed line denoting the starting point of the selected Boulevard search range.
If turned on, the color of the line mentioned above can be customized.
Toggle on/off the timeframe warning mentioned above. On by default when not using the recommended Daily timeframe.
Settings - Style
Defaults to the colors selected on the Inputs tab, but can be overridden by changing here. Changes will not apply to the static Boulevard levels. Can also turn on/off any of the three continuous plots.
A master on/off switch for all labels included with the indicator. On by default.
A master on/off switch for static Boulevard levels, the vertical lines identifying the high-volume days, and the start search line. On by default.
A master on/off switch for the warning label that displays when a non-Daily timeframe is selected.
Settings - Visibility
This tab allows you to select which timeframes on which Boulevard will be displayed.
If all are checked, the script will recalculate using the three highest-volume bars of that
So as an example, if a 30-minute chart is selected the indicator will identify the three 30-minute candles with the highest volume in the selected search range. All visibility options are required by TradingView to be turned on by default, but if you intend to only identify the highest volume DAYS then we strongly recommend unchecking all options besides "Days" to avoid confusion when rotating between timeframes.
Using Horizontal Rays
Step 1 — Click the drawing tools icon on your chart's side menu and select "Horitzontal Ray".
Step 2 — With the drawing tool selected, click as close as you can to one
of the three Boulevard levels. This will create a one-directional line that extends all the way to the right
side of your chart, and will be visible on all timeframes.
Then, click the gear icon in the drawing tools menu to open the Horizontal Ray settings.
Step 3 — In those settings you'll be able to change the color of the line,
if/where you'd like it to be labeled, and the exact price coordinates of the line. Ensure that the
coordinates match the Boulevard level you're attempting to recreate.
After making your desired changes, switch to any other timeframe to verify the line is still present. If you've already turned off Boulevards for all timeframes besides Daily, the only line on your chart should be the one you just created.
Repeat these steps for all three Boulevard levels if desired, and if your chart layout is saved then these Horizontal Rays will be present everytime you reload the same symbol. You won't need to adjust them unless the value of one of the Boulevards changes.