Real Time Trend & Key Levels by VikOpine

This premium indicator is designed to help traders identify real-time trend direction, key support/resistance zones, and potential reversal zones using:

• VWMA (Volume Weighted Moving Average)
  
• VWAP (Volume Weighted Average Price)
  
• Fibonacci-Based Dynamic Volatility Bands
  
• Ichimoku Cloud
  

Trend Detection
✅ VWMA & VWAP Trend Logic:

• Uptrend → Both VWMA and VWAP are rising (Green VWMA)
  
• Downtrend → Both are falling (Blue VWMA)
  
• Neutral → Mixed signals (Yellow VWMA)
  
• Use this to confirm directional bias before entering trades.
  

Fibonacci Volatility Bands:

Fibonacci bands are calculated dynamically around the VWMA using standard deviation to capture potential support and resistance zones.

🔷 Upper Levels = Resistance Zones
🟢 Lower Levels = Support Zones
Colors dynamically adjust based on current price relative to the levels:

Green = Current price is above (support)

Blue = Current price is below (resistance)

Fib Levels Plotted (Upper & Lower):

• 10%
  
• 61.8%
  
• 78.6%
  
• 100%
  

Ichimoku Cloud (Optional Visual Confirmation)
Standard Ichimoku components help visualize future support/resistance and momentum:

Conversion Line (Orange)

Base Line (Red)

• Lagging Span (Green, shifted backward)
  
• Leading Span A/B (Cloud boundaries)
  

Cloud shading:

• Green Cloud → Bullish zone
  
• Blue Cloud → Bearish zone
  

After applying this indicator to the Chart,

• Go to Inputs and update
  
• Conversion Line Multiplier to 13
  
• The colors used in the indicator can be changed per your personal preference in Settings tab
  

If interested in receiving regular market updates, profitable trading setups and my Live Trades using this indicator- head to Substack Chat Room substack.com/chat/894242