OPEN-SOURCE SCRIPT
[blackcat] L3 Stock VWAP Slope in Degrees
Level 3
Background
Smooth VWAP based on stock turnover and calculate the slope of the smoothed VWAP
Function
This is a technical indicator for stocks only. Because of the use of TradingView's financial functions, the scope of use is limited to stocks. It will give an error when you use it for other trading pairs. According to if the VWAP is smoothed according to the stock turnover rate, and the angle of the VWAP is calculated to judge the trend. The specific method of use is: the fast line crosses the slow line at a large angle, which can be regarded as a buy intervention point, and the fast line crosses the slow line in a small amount and then steps back on the slow line, which can also be regarded as a buy intervention point. The slow line is the 3-period moving average of the fast line.
Remarks
Feedbacks are appreciated.
Background
Smooth VWAP based on stock turnover and calculate the slope of the smoothed VWAP
Function
This is a technical indicator for stocks only. Because of the use of TradingView's financial functions, the scope of use is limited to stocks. It will give an error when you use it for other trading pairs. According to if the VWAP is smoothed according to the stock turnover rate, and the angle of the VWAP is calculated to judge the trend. The specific method of use is: the fast line crosses the slow line at a large angle, which can be regarded as a buy intervention point, and the fast line crosses the slow line in a small amount and then steps back on the slow line, which can also be regarded as a buy intervention point. The slow line is the 3-period moving average of the fast line.
Remarks
Feedbacks are appreciated.
Скрипт с открытым кодом
В истинном духе TradingView автор этого скрипта опубликовал его с открытым исходным кодом, чтобы трейдеры могли понять, как он работает, и проверить на практике. Вы можете воспользоваться им бесплатно, но повторное использование этого кода в публикации регулируется Правилами поведения. Вы можете добавить этот скрипт в избранное и использовать его на графике.
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