OPEN-SOURCE SCRIPT
Vasu VWAP with 9 EMA, 20 EMA, and 50/200 SMAs
VWAP with 9 EMA, 20 EMA, and 50/200 SMAs
This indicator combines the Volume Weighted Average Price (VWAP) with various Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) to help traders analyze price trends and identify potential entry or exit points.
VWAP: Displays the average price weighted by volume, helping to assess the market's average price level throughout the day.
9 EMA: A fast-moving average that reacts quickly to price changes, useful for short-term trend analysis.
20 EMA: A medium-term moving average, often used to identify the direction of the trend over a slightly longer timeframe.
50 SMA: A widely-followed long-term moving average that can highlight the overall market trend.
200 SMA: A key indicator of the long-term market trend, often used by traders to spot major bullish or bearish phases.
By plotting these indicators together, traders can get a comprehensive view of price action and trend direction across multiple timeframes.
This indicator combines the Volume Weighted Average Price (VWAP) with various Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs) to help traders analyze price trends and identify potential entry or exit points.
VWAP: Displays the average price weighted by volume, helping to assess the market's average price level throughout the day.
9 EMA: A fast-moving average that reacts quickly to price changes, useful for short-term trend analysis.
20 EMA: A medium-term moving average, often used to identify the direction of the trend over a slightly longer timeframe.
50 SMA: A widely-followed long-term moving average that can highlight the overall market trend.
200 SMA: A key indicator of the long-term market trend, often used by traders to spot major bullish or bearish phases.
By plotting these indicators together, traders can get a comprehensive view of price action and trend direction across multiple timeframes.
Script de código aberto
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