VWAP Bands

A rolling VWAP channel with upper/lower bands at N standard deviations. VWAP Bands build upper and lower bands around the volume-weighted average price (VWAP). The band width is determined by the standard deviation of volume-weighted prices. Used to gauge the deviation of price from the “fair” level of the day and to determine entry/exit points.

Formula:

VWAP = SUM(TP * Volume) / SUM(Volume), where TP = (H+L+C)/3
StdDev_v = volume-weighted standard deviation
Upper = VWAP + std_mult * StdDev_v
Lower = VWAP - std_mult * StdDev_v

Parameters

Parameter	Type	Default	Range / Values
Expand Percent (Optional)	float		0.01-100
Period	int	14	1-200
Std Mult	float	2	0.1-5

Triggers

Trigger	Direction	Condition	Description
Upper band cross	🔴 Sell	The closing price crossed the upper channel boundary from below.	Price breaks through the upper channel band upward. May signal the start of an upward move or reaching overbought — interpretation depends on context.
Lower band cross	🟢 Buy	The closing price crossed the lower channel boundary from above.	Price breaks through the lower channel band downward. May signal the start of a downward move or reaching oversold — interpretation depends on the indicator context.
Back inside from above	🔴 Sell	Price returned inside the channel from the upper side (reversion to normal).	The closing price was above the upper boundary and returned inside the channel. May signal a pullback from extreme overbought.
Back inside from below	🟢 Buy	Price returned inside the channel from the lower side (reversion to normal).	The closing price was below the lower boundary and returned inside the channel. May signal a bounce from extreme oversold.
High touched upper boundary (realtime)	🔴 Sell	The high of the current unclosed candle touched the upper channel boundary.	Fires in real time (realtime) — without waiting for the candle to close — when the high of the current candle reaches or exceeds the upper boundary. Useful for a fast reaction to a boundary touch.
Low touches lower band (realtime)	🟢 Buy	The low of the current unclosed candle touched the lower channel boundary.	Fires in real time (realtime) when the low of the current candle reaches or drops below the lower boundary.
Middle line cross up	🟢 Buy	The closing price crossed the channel middle line from below.	The closing price rises above the channel middle line. Signals a balance shift in favor of buyers.
Middle line cross down	🔴 Sell	The closing price crossed the channel middle line from above.	The closing price drops below the channel middle line. Signals a balance shift in favor of sellers.
Upper band touch (close)	🔴 Sell	The closing price touched or exceeded the upper channel boundary.	The closing price reached the upper channel boundary. Signals buyer pressure.
Lower band touch (close)	🟢 Buy	The closing price touched or dropped below the lower channel boundary.	The closing price reached the lower channel boundary. Signals seller pressure.
Confirmed breakout up	🟢 Buy	Price closed above the upper boundary a set number of times in a row.	A confirmed upper-boundary breakout signal. Requires several consecutive closes above the upper boundary, which reduces the chance of a false breakout.
Confirmed breakout down	🔴 Sell	Price closed below the lower boundary a set number of times in a row.	A confirmed lower-boundary breakout signal. Unlike close_cross_lower (single bar), it requires several consecutive closes below the lower boundary. Reduces the number of false breakouts but increases lag.
Price above channel line by N %	🔴 Sell	Price is above the selected channel line by a set percentage — a sell signal.	Fires when the closing price exceeds the selected channel line by a set percentage. By mean-reversion logic: over-extension upward is a sell signal.
Price below channel line by N %	🟢 Buy	Price is below the selected channel line by a set percentage — a buy signal.	Fires when the closing price is below the selected channel line by a set percentage. Over-extension downward is a buy signal (mean reversion).
Slope turns positive	🟢 Buy	The indicator’s slope turned positive — an upward reversal.	The VWAP line changes its slope from descending to ascending — the indicator has stopped falling and started rising.
Slope turns negative	🔴 Sell	The indicator’s slope turned negative — a downward reversal.	The VWAP line changes its slope from ascending to descending — the indicator has stopped rising and started falling.

Trigger parameters

Parameter	Type	Default	Range / Values
Percent (Price above channel line by N %, Price below channel line by N %)	float	1	0-100
Candles (Confirmed breakout down, Confirmed breakout up)	int	2	1-20
Band (Price above channel line by N %)	enum	upper	upper, lower, middle
Band (Price below channel line by N %)	enum	lower	upper, lower, middle

Use in Cryptorg

This indicator is available in Cryptorg on Bybit and Binance liquidity. Its triggers integrate directly into Crazy bots — use them to open or close deals automatically.