This script calculates the VWAP's change rate against ATR in a number of k-lines. It controls the VWAP line's color based on the average change rate, and it changes its color in a time-weighted way.
1. Calculating vwapValue's rate of change
2. Controlling Line's color based on the average change rate against ATR
3. Calculating average change rate in the past k-lines
1. moving to left two k-lines: offset = -2 2. set default k_num equals 1 3. set default change_rate_threshold to 0.3, it works perfect fot Bitcoin in 15min chart!
Nota Keluaran
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Controlling Line's color based on the average change rate against Vegas