OPEN-SOURCE SCRIPT
Dynamic Price Targets @shrilss
Dynamic Price Targets is a designed to provide traders with a comprehensive view of dynamic price levels based on Volume Weighted Moving Average (VWMA) and standard deviation. This script allows users to identify potential support and resistance zones, aiding in strategic decision-making during market analysis.
The script calculates the VWMA of a chosen price source over a specified length, establishing a dynamic baseline for market trends. The standard deviation is then used to derive multiple upper and lower targets, each representing a certain deviation from the VWMA. These levels are color-coded for clarity, with upper targets displayed in shades of red and lower targets in shades of green.
The script calculates the VWMA of a chosen price source over a specified length, establishing a dynamic baseline for market trends. The standard deviation is then used to derive multiple upper and lower targets, each representing a certain deviation from the VWMA. These levels are color-coded for clarity, with upper targets displayed in shades of red and lower targets in shades of green.
开源脚本
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。