TheYangGuizi

VWAP MTF (Multi Timeframe)

VWAP that can be be plotted from different timeframes.

Ex if you chose 60 min, it will plot a new vwap line at the start of every hour.

Intraday:
Used code from SandroTurriate to create this.
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study("VWAP MTF",overlay=true)

TimeFrame = input('W')
start = security(tickerid, TimeFrame, time)

//------------------------------------------------
newSession = iff(change(start), 1, 0)
//------------------------------------------------
vwapsum = iff(newSession, hl2*volume, vwapsum[1]+hl2*volume)
volumesum = iff(newSession, volume, volumesum[1]+volume)
v2sum = iff(newSession, volume*hl2*hl2, v2sum[1]+volume*hl2*hl2)
myvwap = vwapsum/volumesum
dev = sqrt(max(v2sum/volumesum - myvwap*myvwap, 0))
Coloring=close>myvwap?green:red
av=myvwap
showBcol = input(false, type=bool, title="Show barcolors")
showPrevVWAP = input(false, type=bool, title="Show previous VWAP close")
prevwap = iff(newSession, myvwap[1], prevwap[1])
plot(showPrevVWAP ? prevwap : na, style=circles, color=close > prevwap ? green : red)

A=plot(av, style=circles, color=Coloring)

barcolor(showBcol?Coloring:na)

Comentarios

Thanks for sharing. Question about timeframe box input: M for month, W for week, D for daily. What is the code for Year, Hour, 5 min, 1 min? Appreciate your response.
+22 Responder
TheYangGuizi nedcpatrader
@nedcpatrader, Sorry for the late answer :D. But for hour you write 60 (like 60 minutes), for 5 min you write 5... and so on.
Responder
Gangaram0719 TheYangGuizi
@TheYangGuizi, Thank you
Responder
Trading view gives only 3 indicator to put in the chart for free. Instead of adding three same indicators can you merge the same ? Like three different inputs and obviously we can enable/disable plot option
+5 Responder
me_akashpaul me_akashpaul
I have just copied the script 3 times and change the variable names and it worked . But I can't seem to understand why daily timeframe and weekly timeframe are same even on the default script of yours.
Responder
Gangaram0719 me_akashpaul
@me_akashpaul, Yes, I agreed too
Responder
You rocks! thanks
+2 Responder
Great Indicator...Thank you
+1 Responder
mildDingo35184 TusharKale
@TusharKale, did it work
Responder
Hello sir, your VWAP MTF indicator is very good. I request you please add EMA200 along with this. Thank you
Responder
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