OPEN-SOURCE SCRIPT
VolumeWeightedAveragePrice
Hey guys,
here i present an advanced version of the standard VWAP indicator, with some configurable offsets.
The basic VWAP is an intraday average price weighted by volume to offer great levels to enter a trade (long or short).
The Formula looks like this:
VWAP= (∑Price * Volume) / ∑Volume
Its very simple to use: if the price closes above the VWAP its bullish, if it closes below its bearish. Because it acts as support and resistance, you can find good entries around this level and also on its offsets.
Feel free to ask if something is unclear now.
Cheers
here i present an advanced version of the standard VWAP indicator, with some configurable offsets.
The basic VWAP is an intraday average price weighted by volume to offer great levels to enter a trade (long or short).
The Formula looks like this:
VWAP= (∑Price * Volume) / ∑Volume
Its very simple to use: if the price closes above the VWAP its bullish, if it closes below its bearish. Because it acts as support and resistance, you can find good entries around this level and also on its offsets.
Feel free to ask if something is unclear now.
Cheers
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Best bot & smartrading: 3commas.io/?c=simonrose
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-10% fee: deribit.com/reg-10517.3594q
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Get the new NGRAVE HWWallet shop.ngrave.io/?sca_ref=416889.bZVeh5xwbf
-10% fee: deribit.com/reg-10517.3594q
Try this nice Exchange -5% fees: gmx.io?ref=cryptocrew
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Best bot & smartrading: 3commas.io/?c=simonrose
Get the new NGRAVE HWWallet shop.ngrave.io/?sca_ref=416889.bZVeh5xwbf
-10% fee: deribit.com/reg-10517.3594q
Try this nice Exchange -5% fees: gmx.io?ref=cryptocrew
Get the new NGRAVE HWWallet shop.ngrave.io/?sca_ref=416889.bZVeh5xwbf
-10% fee: deribit.com/reg-10517.3594q
Try this nice Exchange -5% fees: gmx.io?ref=cryptocrew
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.