This part calculates the previous week's high and low values and plots them as continuous blue lines. The plot.style_line ensures the lines are drawn continuously. Previous Day Open, High, Low, Close:
The script uses request.security to get the previous day's open, high, low, and close values. These are plotted as continuous lines in different colors: Open: Green High: Red Low: Orange Close: Purple VWAP (Volume Weighted Average Price):
The VWAP is calculated using ta.vwap(close) and plotted with a thick black line. Exponential Moving Averages (EMAs):
The script calculates two EMAs: one with a 9-period (fast) and one with a 21-period (slow). The EMAs are plotted as continuous lines: Fast EMA: Blue Slow EMA: Red EMA Cross:
The script checks for EMA crossovers and crossunders: A crossover (fast EMA crossing above slow EMA) triggers a buy signal (green label below the bar). A crossunder (fast EMA crossing below slow EMA) triggers a sell signal (red label above the bar). Customization: You can adjust the fastLength and slowLength variables to change the period of the EMAs. You can modify the line colors and line thickness to match your preferred style. The buy and sell signals can be customized further with different shapes or additional conditions for signal generation. This script provides a comprehensive and visually distinct indicator with the previous week's and day's levels, VWAP, and EMA crossover signals.
Siguiendo fielmente el espíritu de TradingView, el autor de este script lo ha publicado en código abierto, permitiendo que otros traders puedan entenderlo y verificarlo. ¡Olé por el autor! Puede utilizarlo de forma gratuita, pero tenga en cuenta que la reutilización de este código en la publicación se rige por las Normas internas. Puede añadir este script a sus favoritos y usarlo en un gráfico.
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