OPEN-SOURCE SCRIPT
VWAP Bands @shrilss

VWAP Bands Integrates VWAP with standard deviation bands to provide traders with insights into potential support and resistance levels based on volume dynamics. VWAP is a key metric used by institutional traders to gauge the average price a security has traded at throughout the trading day, taking into account both price and volume.
This script calculates the VWAP for each trading session and overlays it on the price chart as a solid line. Additionally, it plots multiple standard deviation bands around the VWAP to indicate potential areas of price extension or contraction. These bands are derived from multiplying the standard deviation of price by predetermined factors, offering traders a visual representation of potential price ranges.
This script calculates the VWAP for each trading session and overlays it on the price chart as a solid line. Additionally, it plots multiple standard deviation bands around the VWAP to indicate potential areas of price extension or contraction. These bands are derived from multiplying the standard deviation of price by predetermined factors, offering traders a visual representation of potential price ranges.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
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。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
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。