OPEN-SOURCE SCRIPT
Volume Weighted Price Over A Moving 60 Bar Window
// By S.Black
// 4/24/2019
// Pine on TradingView.com
//
// This plot takes a simple 60 bar window
// For each bar in the window 3 things are plotted:
// 1.) The volume-weighted average, each bar's volumne * price summed, then divided by total volume
// 2.) The simple 60 bar average (not weighted)
// 3.) The close price (for reference)
//
// Green is used when the weighted price is above the average
// This is meant to indicate that actually, by volume the stock may be worth more that it is currently trading at.
// I made a new script was because I didn't see one that had a rolling hour window.
// 4/24/2019
// Pine on TradingView.com
//
// This plot takes a simple 60 bar window
// For each bar in the window 3 things are plotted:
// 1.) The volume-weighted average, each bar's volumne * price summed, then divided by total volume
// 2.) The simple 60 bar average (not weighted)
// 3.) The close price (for reference)
//
// Green is used when the weighted price is above the average
// This is meant to indicate that actually, by volume the stock may be worth more that it is currently trading at.
// I made a new script was because I didn't see one that had a rolling hour window.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.