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Multiple VWMA
TradingView Indicator: Multiple VWMA
This TradingView indicator allows you to display up to five separate Volume Weighted Moving Averages (VWMAs) directly on your price chart.
What it does:
Plots 5 VWMAs: It calculates and draws five distinct VWMA lines (or other styles) on the chart.
Volume Weighting: Unlike simple moving averages, a VWMA gives more weight to prices where trading volume was higher, potentially offering a clearer picture of the trend strength confirmed by volume.
Highly Customizable: Each of the five VWMAs can be configured independently through the indicator's settings panel. For each one, you can set:
Length: The lookback period (number of bars) used for the calculation.
Source: The price data to use (e.g., close, open, high, low, hl2, etc.).
Timeframe: You can calculate each VWMA based on a different timeframe than the one currently displayed on your chart (e.g., view daily VWMAs on an hourly chart). Leave blank to use the chart's timeframe.
Offset: Shift the VWMA line forwards or backwards on the chart by a specific number of bars.
Style: Choose how each VWMA is displayed (Line, Histogram, or Cross).
Overlay: The VWMAs are plotted directly over the price bars for easy comparison.
Purpose:
This indicator is useful for traders who want to analyze trends using multiple volume-weighted perspectives simultaneously. By comparing VWMAs of different lengths or based on different timeframes, you can gain insights into short-term vs. long-term trends, potential support/resistance levels, and the significance of price movements based on accompanying volume.
This TradingView indicator allows you to display up to five separate Volume Weighted Moving Averages (VWMAs) directly on your price chart.
What it does:
Plots 5 VWMAs: It calculates and draws five distinct VWMA lines (or other styles) on the chart.
Volume Weighting: Unlike simple moving averages, a VWMA gives more weight to prices where trading volume was higher, potentially offering a clearer picture of the trend strength confirmed by volume.
Highly Customizable: Each of the five VWMAs can be configured independently through the indicator's settings panel. For each one, you can set:
Length: The lookback period (number of bars) used for the calculation.
Source: The price data to use (e.g., close, open, high, low, hl2, etc.).
Timeframe: You can calculate each VWMA based on a different timeframe than the one currently displayed on your chart (e.g., view daily VWMAs on an hourly chart). Leave blank to use the chart's timeframe.
Offset: Shift the VWMA line forwards or backwards on the chart by a specific number of bars.
Style: Choose how each VWMA is displayed (Line, Histogram, or Cross).
Overlay: The VWMAs are plotted directly over the price bars for easy comparison.
Purpose:
This indicator is useful for traders who want to analyze trends using multiple volume-weighted perspectives simultaneously. By comparing VWMAs of different lengths or based on different timeframes, you can gain insights into short-term vs. long-term trends, potential support/resistance levels, and the significance of price movements based on accompanying volume.
开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
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。
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。