Y/Q/M/W aVWAP Bands

5 เม.ย. 2022

Yearly, Quarterly, Monthly or Weekly VWAP with Standard Deviation Envelope

Previous Y/Q/M/W VWAP and Band are extended forward automatically*

VWAP standard deviation envelope serves as a kind of Value Area, with the boundaries of the envelope acting as support and resistance. Previous envelops often show confluence with price action once price retests them.

Helpful to form a bias on the available time frames, find areas of support and resistance, and determine acceptance/rejection from breakouts or consolidations.

* this is a unique feature of this script

20 มิ.ย. 2022

เอกสารเผยแพร่

code upgraded to v5 and simplified; features remain the same.