OPEN-SOURCE SCRIPT

Session VWAPS [QuantVue]

4 267
The Session VWAPS indicator is a designed for traders to enhance their trading analysis by incorporating Volume Weighted Average Price (VWAP) anchored to custom-defined trading sessions.

This indicator automatically plots VWAPs at three critical points of a user defined session:
🔹session start
🔹session high
🔹session low

Additionally, it provides the option to display the VWAPs from previous sessions, offering a look at potential areas of support and resistance.

Anchored VWAP, or Anchored Volume-Weighted Average Price, is a technical analysis tool used to determine the average price of a stock weighted by volume, starting from a specific point in time chosen by the analyst.

Unlike traditional VWAP, which starts at the beginning of the trading session, the anchored VWAP allows traders to select any point on the chart, such as a significant event, price low, high, or a breakout, to begin the calculation.

VWAP incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart.

ảnh chụp nhanh

Indicator Features:
Custom Session Definition:
Users can define their own trading sessions by specifying start and end times, allowing for tailored analysis according to individual trading strategies or market hours.

Anchored VWAP at Three Key Points:
🔹Session Start VWAP: This VWAP is anchored at the start of the defined session.
🔹Session High VWAP: Anchored at the highest price point within the session.
🔹Session Low VWAP: Anchored at the lowest price point within the session.

Previous Session VWAPs:
The indicator can display VWAPs from the previous session, allowing traders to spot potential areas of support and resistance.

Give this indicator a BOOST and COMMENT your thoughts below!

We hope you enjoy.

Cheers!

Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.