[KICK] Ultimate VWAPs

29 בינו׳ 2020

This indicator provides numerous indicator tools/functions all related to Volume Weighted Price Averages (VWAPs). Specifically the ability to add multiple anchored VWAPs to arbitrary points (highs, lows, significant events such as earnings , flash crashes, etc...) is a very powerful way to see where market participants that were active at those times are in regards those positions relative to current price.

With this indicator you can:

Enable a typical session-based VWAP (resets every session) - does not render line from last candle of session to first candle of new session so as to keep your charts looking a bit neater.

Enable a week-to-date VWAP , month-to-date VWAP , or year-to-date VWAP

Enable an anchored VWAP that can be automatically anchored to the high within the last week (timeframe independent) or to a high within a certain number of candles back, or set to a specific date and time. There is also an "ignore" recent candle filter if using the candle range method for auto-locating the high.

Enable an anchored VWAP that can be automatically anchored to the low within the last week (timeframe independent) or to a low within a certain number of candles back, or set to a specific date and time. There is also an "ignore recent candle" filter if using the candle range method for auto-locating the low.

The week/month/year-to-date VWAP can also be treated as an Ad-Hoc anchored VWAP and have it’s anchor set to an arbitrary date and time.

A support/resistance line can be added in for the last session’s VWAP close.

Z-Score bands can be added (band values configurable) and attached to any of the above VWAPs (Session, AutoHigh, AutoLow, AdHoc/Week/Month/Year). These are calculated using the proper unbiased standard deviation calculation (not the built in PineScript biased stdev function).

(note: not all functionality is shown in the chart above because it would be a mess - all the options for this indicator are not necessarily intended to be used simultaneously on the same chart, though they can be if you really like that sort of thing)

Use the link below to watch a tutorial video, request a trial, or purchase for access.