Live Nifty 50, Bank Nifty, Sensex and Bitcoin readings from four complementary VWAP signals — the daily scoreboard, the trend anchor, yesterday's closing wall, and where the big players are parked. Every verdict shows its math. Ideas, not advice.
The playbook
Each rule watches the market through a different VWAP lens. Individually each one is a tendency, not a law — the desk only calls a trade when several agree.
VWAP that resets every session (day here; week or month in the Pine inputs) — the volume-weighted average of everything traded so far. Bands at ±1σ and ±2σ measure how far price has wandered.
The trade: when price stretches beyond the 2σ band and then snaps back inside, that "coming back" move is the reversion signal — buy the snap-back under the lower band, fade the one above it. The caveat you already know: sometimes price runs away from VWAP for a real reason — news, flows, a genuine trend. The rule never chases; it waits for the return, and if the return never comes, no signal fires.
Instead of resetting daily, the scoreboard starts at your moment: the swing low where the current trend began. The desk auto-anchors at confirmed swing lows; the Pine version also accepts a manual date.
The trade: while price holds above the anchored line, the trend has fuel. A close below it is the warning sign that the move may be running out of steam — a bearish regime flag that carries the heaviest weight on the desk.
The final VWAP value from the previous session, drawn as a level across today. Price "likes to visit" it — like a ball bouncing back to touch a wall it left.
The trade: treat the level as a target when you're positioned toward it. When price visits it, direction matters: touch-and-reclaim from below is bullish; touch-and-reject from above is bearish. A dead touch with no reaction is just a visit — no score.
The same VWAP idea, but only bars whose volume is at least 3× the recent average — the trades big players leave behind. Their average price is compared with the crowd's VWAP all session.
The trade: when the whales' average drifts ≥0.15% away from the crowd, that's an early clue before everyone else notices — whales above the crowd reads as quiet accumulation; whales below reads as distribution. Needs real volume: the NSE spot index publishes none, so this rule reads N/A there — check the NIFTY futures chart (or the Pine script on any volume-bearing symbol).
The verdict
Every rule votes between −1 and +1 on the latest closed bar. The weighted sum becomes the composite score; the badge flips only when the score crosses a threshold — no flickering signals on every tick.
| Rule | Reads | Weight | Bullish when | Bearish when |
|---|---|---|---|---|
| R1 · Time-Based VWAP | Session VWAP ±2σ bands | 25% | Snap-back inside the lower band +1 (holds 12 bars) | Fade back inside the upper band −1 (holds 12 bars) |
| R2 · Anchored VWAP | Price vs swing-low anchored VWAP | 30% | Trading above the anchor +1 | Trading below the anchor — trend warning −1 |
| R3 · VWAP Close | Previous session's final VWAP level | 20% | Wall visited and reclaimed +1 | Wall visited and rejected −1 |
| R4 · T-Size VWAP | Big-bar VWAP vs crowd VWAP divergence | 25% | Whales ≥ +0.15% above crowd +1 | Whales ≤ −0.15% below crowd −1 |
| Composite | Weighted sum of the four votes | 100% | Score ≥ +0.35 → BUY · confidence = score ÷ 0.6 | Score ≤ −0.35 → SELL · otherwise WAIT |
You warned it yourself: a move away from VWAP sometimes has a real reason. These rules are built to stay silent in that case — R1 only fires on the return, R2 flips only on an actual close, R3 needs a visible reaction at the wall, R4 waits for a real divergence. When the four disagree, the desk says WAIT. Expect WAIT far more often than BUY or SELL; that's the point. Nothing here is financial advice — size positions so that being wrong is cheap.
Take it to TradingView
The desk above and the indicator below share one logic: identical band math, identical anchors, identical weights. Run the site for the two assets, run the script on anything else you trade.