FxAST Session Encapsulation + VWAP [ALLDYN]

21 oct 2021

-This tool allows the user to encapsulate (box-in) a single session (Asian, London, New York - Only on the 1H Time Frame) trading range and then calculates the 50% midpoint of the single session high and low (the past six sessions are displayed).
-This information is beneficial if you are looking to trade during specific Time Price Opportunities during a given session (TPO). If you understand Supply & Demand, this additional information on your chart will help filter out a lot of the noise, allowing you to focus on associated price movement during those specific TPOs around your Supply & Demand Zones.

-This tool includes VWAP (Volume Weighted Average Price)
-Why do we need it? The volume-weighted average price (VWAP) is a statistic traders use to determine the average price of an instrument based on BOTH price AND volume.
-Why is it important? VWAP is important because it provides traders with insight into both the traded instrument's trend and value.

2 mar 2022

Notas de prensa

-Minor update to clean up the 50% mid-line of the session encapsulation boxes to NO LONGER extend past the end of the TPO session being encapsulated.

9 may 2022

Notas de prensa

Added the ability to be alerted when VWAP state change happened per customer requests.
-----> 1) Strong Buy Signal & 2) Strong Sell Signal (messages is to Analyze chart and compare to MACD).

23 sept 2022

Notas de prensa

-Removed VWAP as the line was confusing with the FxAST system overlay (primary), and also optimized chart loading time.
-Removed VWAP + from the title and short title inside the pine script code. Unable to change/rename script title.

23 sept 2022

Notas de prensa

Removed the bottom indicators to have a clean chart for TV house rules.

23 sept

Notas de prensa

Added in the VWAP to the script