DWP_VWAP Rolling Average

20 thg 10, 2018

Hello,

This indicator is a Rolling VAWP . Unlike the regular VWAP that will restart the volume calculation at a certain time interval. This one recalculates the VWAP looking backward at a set length of time. This creates a more even indicator. I have added [I] Average True Range Bands [/I] to show the strength of the move. Set the Lookback bar length to your liking and compare the strength of the move to the prior moves strength and determine market direction.

Hope this helps you to see the market.

MoveTrap

20 thg 10, 2018

Phát hành các Ghi chú

https://ttps://www.tradingview.com/x/MiL7bYZ9/

Hello,

This indicator is a Rolling VWAP . Unlike the regular VWAP that will restart the volume calculation at a certain time interval. This one recalculates the VWAP looking backward at a set length of time. This creates a more even indicator. I have added Average True Range Bands to show the strength of the move. Set the Lookback bar length to your liking and compare the strength of the move to the prior moves strength and determine market direction.

Hope this helps you to see the market.

MoveTrap