In this script I try to incorporate Brian Shannon's Anchored VWAP hand off system into an automated initial anchoring system using Donchian Highs and Lows. I have also added an average of all the hand-off vwaps.
Higher values in "Donchain Lookback" will display longer term sentiment and vice versa.
*Credit to trader dysrupt for their 'Anchored VWAP Hand-off' script
Nota Keluaran
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Minor aesthetic update
Nota Keluaran
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fixed type in settings
Nota Keluaran
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Added individual sources for vwap highs and vwap lows
defaults reset to: Source=High for VWAP Highs Source = Low for VWP lows
Nota Keluaran
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updated code to get better handoffs and display a cleaner chart