If you don't like having a bunch of on your chart at once, or having to cycle through various resolutions to see different ones, this is for you!
What does this indicator do? It automatically detects the nearest daily, weekly, and both above and below the current price and automatically plots them for you. It's really just as simple as that.
You select how far back you want it to plot with the "Pivot Point Look Back Period" option.
I also have transparency options for each type of so its easy to find the opacity you prefer and save it as a default setting.
With "Turn Off Each On All Time Frames" turned on, as an example, if you were to uncheck "S1/R1" then it turns S1/R1 plots off across all 3 resolutions. By default however, I have it set where you can pick and choose each one individually.
I also added the default "VWAP Periodic" script from TradingView in there with it (not in prior version). This works identical to the built in indicator (because it is identical).
Trading algorithms like to target and liquidity, so I figured they would pair together nicely for active trading.
For the All Time VWAP you select Century and have the "Use All Time" option turned on.
If you want your VWAP to be a custom amount of years, hit the custom option and enter the number in the field provided. If you leave the number at 0, it will be the All Time VWAP.
As an example, I have a custom 2 year VWAP here on the chart.
Dalam semangat TradingView yang sebenar, penulis skrip ini telah menerbitkannya dengan menggunakan sumber terbuka supaya pedagang-pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda dapat menggunakannya secara percuma tetapi penggunaan semula kod ini dalam penerbitan adalah dikawalselia oleh Peraturan Rumah. Anda boleh menyukainya untuk menggunakannya pada carta.