OPEN-SOURCE SCRIPT
VWAP Slope
This script calculates and displays the slope of the Volume Weighted Average Price (VWAP). It compares the current VWAP with its value from a user-defined lookback period to determine the slope. The slope is color-coded: green for an upward trend (positive slope) and red for a downward trend (negative slope).
Key Points:
VWAP Calculation: The script calculates the VWAP based on a user-defined timeframe (default: daily), which represents the average price weighted by volume.
Slope Determination: The slope is calculated by comparing the current VWAP to its value from a previous period, providing insight into market trends.
Color-Coding: The slope line is color-coded to visually indicate the market direction: green for uptrend and red for downtrend.
This script helps traders identify the direction of the market based on VWAP, offering a clear view of trends and potential turning points.
Key Points:
VWAP Calculation: The script calculates the VWAP based on a user-defined timeframe (default: daily), which represents the average price weighted by volume.
Slope Determination: The slope is calculated by comparing the current VWAP to its value from a previous period, providing insight into market trends.
Color-Coding: The slope line is color-coded to visually indicate the market direction: green for uptrend and red for downtrend.
This script helps traders identify the direction of the market based on VWAP, offering a clear view of trends and potential turning points.
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！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约束。 您可以收藏它以在图表上使用。
想在图表上使用此脚本？
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。