OPEN-SOURCE SCRIPT
Aktualisiert

DWP_VWAP Rolling Average

3 125

Hello,

This indicator is a Rolling VAWP . Unlike the regular VWAP that will restart the volume calculation at a certain time interval. This one recalculates the VWAP looking backward at a set length of time. This creates a more even indicator. I have added [I] Average True Range Bands [/I] to show the strength of the move. Set the Lookback bar length to your liking and compare the strength of the move to the prior moves strength and determine market direction.

Hope this helps you to see the market.

MoveTrapSnapshot
Versionshinweise
https://ttps://www.tradingview.com/x/MiL7bYZ9/

Hello,

This indicator is a Rolling VWAP . Unlike the regular VWAP that will restart the volume calculation at a certain time interval. This one recalculates the VWAP looking backward at a set length of time. This creates a more even indicator. I have added Average True Range Bands to show the strength of the move. Set the Lookback bar length to your liking and compare the strength of the move to the prior moves strength and determine market direction.

Hope this helps you to see the market.

MoveTrap

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.