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Y/Q/M/W aVWAP Bands

10 039
Yearly, Quarterly, Monthly or Weekly VWAP with Standard Deviation Envelope

Previous Y/Q/M/W VWAP and Band are extended forward automatically*

VWAP standard deviation envelope serves as a kind of Value Area, with the boundaries of the envelope acting as support and resistance. Previous envelops often show confluence with price action once price retests them.

Helpful to form a bias on the available time frames, find areas of support and resistance, and determine acceptance/rejection from breakouts or consolidations.

* this is a unique feature of this script
Nota Keluaran
code upgraded to v5 and simplified; features remain the same.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.