Weekly Session Lines With VWMA
- Indicators
- Phantom Trading Inc.
- Version: 1.1
This indicator combines weekly session visualization with Volume Weighted Moving Average (VWMA) analysis. It draws vertical lines at session start and horizontal lines spanning each weekly starting session, providing clear visual cues for trading sessions. The VWMA is calculated and displayed as a color-changing line, offering insights into price trends weighted by volume. Users can customize session times, line colors, VWMA period, price type, and volume type. This versatile tool aids in identifying session boundaries and volume-based price movements, enhancing trading decisions across various timeframes and markets.