This script provides a collection of indicators to help traders look at multiple trends while maintaining a consistent configuration, even when jumping around different timeframes and symbols.
Additionally, this collection is particularly useful when trading decisions involve looking at dozens of indicators and analyzing, in aggregate, their confluence.
With this collection of indicators you can configure anchored VWAPs, MA, and Pivot Points:
- Anchored VWAPs: For each you define a fixed time and date to anchor it in the graph, and it stays consistent even when you change the symbol. An example use case can be setting one of the VWAPs to always start on the first candle on January 1st 2021, and a second VWAP a decade prior, so you don’t need to keep manually adjusting/adding VWAPs to the graph. At the moment you can define up to 4 anchored VWAPs.
- MA and Pivot Points: For each you can set independent timeframes, periods, and types, while using a single configuration panel. This helps reduce the amount of clicking needed when trying different configurations, such as testing different MA and Pivot periods and comparing how each behave in the graph (this personally helps me build trust in indicators). Permits use of up to 3 MAs and 2 Pivot Points.
Lastly, this script leverages and reuses modified code from the sources below:
- Médias e Tempos-v.2.1 by VeraLucia (with permission);
- Multiple Anchored VWAP v1.0 by GuilhermeNogueira (with permission);
- Pivot Point by TradingView.