This indicator is an attempt to bring all functionalities under one umbrella suite, the existing VWAPs are great and this was made to provide all functionalities. (pending more updates as well)
Multiple VWAPs MTF
Individual Band configuration
Date tracking of previous closes
Enabling the other VWAPS with any timeframe will allow the user to use the "VWAP Anchor" setting to choose what HTF to be displayed
This setting enables all historical closes to be displayed with extension
Can be used to keep date information of 2 previous closes and further back
█ HOW TO USE IT
The indicator is quite straight forward in its application, as you would expect of a normal .
At the top of the settings pane the indicator has some functionality that would control the VWAPs globally, e.g. disabling show bands disables all bands for all the VWAPs.
Each has individual settings that can be controlled such as coloring, which bands enabled, previous closes, labelling...
My suggestion for clarity is to use 1 with bands, and a 2nd with no bands + Previous close enabled at a higher timeframe
█ LIMITATIONS OF PINE (Please read)
I see many users going on different indicators with MTF in mind and trying to use it for LTF data e.g. 1hour chart, and selecting 5min in chart settings.
This is not recommended by the team themselves and should be noted for use always use HTF: https://www.tradingview.com/pine-script-...
To understand how to use please refer to some education that can be found for free online
Heres an example of a trader using the tool himself: https://www.youtube.com/watch?v=AaclrgNyQ08
█ Future Updates:
Previous Close Line extensions
Previous Highs and Lows of mapped out for users
Lifetime: $1000 Yearly: $575 6 Months: $290 Monthly: $50
DM ON Twitter: @SpacemanBTC Youtube:
Nello spirito di condivisione promosso da TradingView, l'autore (al quale vanno i nostri ringraziamenti) ha deciso di pubblicare questo script in modalità open-source, così che chiunque possa comprenderlo e testarlo. Puoi utilizzarlo gratuitamente, ma il riutilizzo del codice è subordinato al rispetto del Regolamento. Per aggiungerlo al grafico, mettilo tra i preferiti.
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.