VWMA : 20 50 200

3 thg 4, 2019

Plots 20, 50 and 200 tick Volume Weighted MA and Simple MA.

The Volume Weighted MA tends to move before the SMA. I am seeing significant price movements on crypto charts near 50 VWMA crosses. As well, the 20-50 VWMA crosses. When the thicker lines ( VWMA ) are above or below the same color SMA, this divergence can also signal changes in trends.

This is my first script and likely be updated. Feedback is welcome.

3 thg 4, 2019

Phát hành các Ghi chú

This update shades the areas between the relative VWMA and SMA. When the related averages cross, or the expansion / contraction can be good indicators of changing trends.

6 thg 4, 2019

Phát hành các Ghi chú

Trying to add new features, I worked on using the built in vwap variable to create a 20 tick ma for it- purple line.

Script was rewritten in places but charting is same.