OPEN-SOURCE SCRIPT

ZWAP (ZigZag Anchored VWAP) [Kioseff Trading]

已更新
Hello!

Quick script showcasing the new polyline function for Pine Script!

Features
  • Up to 100 high/low pivot points auto anchored VWAP
  • Visible range auto anchored VWAP
  • Curved ZigZag (Adjustable!)


With the new polyline function, auto-anchored VWAP at specific price points is more viable.

When using line.new() only 500 lines can exist on the chart concurrently and, since VWAP is calculated on every update, a "proper" VWAP drawn using line.new() can extend 500 bars at most, to which no additional VWAP lines can be drawn after.

Of course, when using the plot() function a VWAP line will draw on every bar; however, this method isn't highly compatible with auto-anchoring VWAP lines.

However!

A polyline, from beginning to end irrespective of the number of coordinates used, constitutes 1 polyline; 100 can exist simultaneously with 10,000 xy coordinates per line.

快照

The image above shows an attempt to draw the same auto-anchored VWAP lines using the line.new() function. Not an ideal outcome!

快照

The image above shows the same attempt using the polyline.new() function!

Very nice (:

快照

The image above shows the indicator auto anchoring to zig zag turning points.

Subsequent to a new anchoring, VWAP is calculated for the following bars - up to the current bar.

Thank you for checking this out; if you have any ideas to spice it up feel free to comment!

發行說明
Updated chart
發行說明
Greatly improved efficiency on lower timeframes
anchoredvwapautoanchoredvwapforecastingVolume Weighted Average Price (VWAP)

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?


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