OPEN-SOURCE SCRIPT
VWAP and Price Conditions
This Pine Script indicator overlays a Volume Weighted Average Price (VWAP) line on the chart, allowing traders to visualize price conditions relative to VWAP. It also provides signals when prices move above or below the VWAP, along with alerts for crossing events.
Features
1. VWAP Calculation:
*The VWAP is calculated for a specific session (e.g., market open to market close).
*It dynamically resets based on the defined session start and end times.
2. Customizable Inputs:
*Session Start Time: Define the session start time (e.g., market open at 9:30 AM).
*Session End Time: Define the session end time (e.g., market close at 4:00 PM).
*Show VWAP Line: Toggle to display or hide the VWAP line.
*Show Price Signals: Toggle to display or hide visual signals for price conditions.
3. Visual Signals:
*Green Triangle: Indicates that the price is above the VWAP.
*Red Triangle: Indicates that the price is below the VWAP.
4. Alerts:
*Alert when the price crosses above the VWAP.
*Alert when the price crosses below the VWAP.
Features
1. VWAP Calculation:
*The VWAP is calculated for a specific session (e.g., market open to market close).
*It dynamically resets based on the defined session start and end times.
2. Customizable Inputs:
*Session Start Time: Define the session start time (e.g., market open at 9:30 AM).
*Session End Time: Define the session end time (e.g., market close at 4:00 PM).
*Show VWAP Line: Toggle to display or hide the VWAP line.
*Show Price Signals: Toggle to display or hide visual signals for price conditions.
3. Visual Signals:
*Green Triangle: Indicates that the price is above the VWAP.
*Red Triangle: Indicates that the price is below the VWAP.
4. Alerts:
*Alert when the price crosses above the VWAP.
*Alert when the price crosses below the VWAP.
Script de código aberto
No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.
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Aviso legal
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