APXTradez - Intraday Overlay (VWAP + EMAs)

🔹 APXTradez Intraday Overlay (VWAP + EMAs)

Purpose:
A clean, real-time intraday framework built for options scalpers and day traders.
This overlay combines VWAP, 8/21 EMAs, Bollinger Bands, and Keltner Channels to visualize short-term momentum, trend structure, and volatility compression directly on your chart.

What It Shows

8 EMA (teal) → Fast momentum and micro-trend direction.

21 EMA (orange) → Short-term trend confirmation and pullback zone.

VWAP (aqua) → Institutional average price; key intraday bias level.

Bollinger Bands (lime) → Standard deviation volatility envelope.

Keltner Channels (fuchsia) → ATR-based volatility range.

Compression Highlight (orange) → Shows when BBs are inside KCs, signaling volatility contraction and potential breakout setup.

How to Use

Apply on 1-min to 15-min charts for intraday trading.

Trend bias:
Price above VWAP and 8/21 EMA stack = bullish intraday momentum.
Price below VWAP and 8/21 EMA stack = bearish bias.

- Compression zones (orange highlights):
Indicates low-volatility consolidation → prepare for breakout.
Wait for breakout direction confirmation before entry.
Combine with momentum indicators (like APX TTM Squeeze, APX RSI or MACD) for confirmation.

Best Use Case

Scalping or day-trading options during high-volume sessions where VWAP and EMA structure drive precision entries and exits.