blackcat1402

[blackcat] L2 Veronique Valcu VWAP Z-Score Indicator

Level: 2

Background

Veronique Valcu's article "Z-Score Indicator" in Feb,2003 provided a description and commentary on a new method of displaying directional change normalized in terms of standard deviation. This indicator is realized in pine script here by using the following function code, adding vwap function, called vwap ZScore.

Function

This indicator has three input, "AvgLen", "Smooth1" and "Smooth2." Price is fixed in selected vwap price. AvgLen describes the length of the sample considered in the standard deviation calculation. Once created and verified, the function can be easily called in any indicator or strategy.


Inputs

AvgLen --> Length input for vwap Zscore.
Smooth1 and Smooth2 --> Smoothing length.

Key Signal

Curve1 --> vwap ZScore output fast signal
Curve2 --> vwap ZScore output slow signal

Remarks

This is a Level 2 free and open source indicator.

Feedbacks are appreciated.

"Win$ & Donate w/ This" Addresses are no longer valid.
开源脚本

本着真正的TradingView精神,该脚本的作者将其开源发布,以便交易者可以理解和验证它。为作者喝彩!您可以免费使用它,但在出版物中重复使用此代码受网站规则的约束。 您可以收藏它以在图表上使用。

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