This indicator shows both the Rolling VWAP and Standard Deviations as set by the user. The Rolling VWAP calculation is similar to the standard VWAP although it calculates the volume weighted average price over the specified period of time (lookback), resetting for each subsequent bar.
The unique aspect of this indicator is that instead of calculating the RVWAP over the current timeframes lookback period, the option is available to select a High-Time-Frame setting instead. This has two different methods of calculation 1 - Based on HTF security requests (both repainting and non-repainting) 2 - Automatic calculation of number of current timeframe bars that make up the HTF lookback period (smoother and non-repainting plot)
Additionally a smooth function is included for the HTF input setting.
Love the indicator, thanks alot for taking your time making it. Although having problem with putting alarms on the different STDs, is it possible or?
infamouscrypto
⋅
this is good. Just a quick question, why does it line up perfectly with the tradingview rvwap on all cryptos but on stocks it is slightly different? Is there a difference in calculations?
Koalafied_3
⋅
@infamouscrypto, hey, yea i never really checked it with stocks. Probably a difference in how the built-in calculates with gaps and number or bars back, as crypto is 24/7. I'll have a look in future at updating calc