StuBuzzzini

SB Dynamic VWAP

StuBuzzzini Mis à jour   
Created this script that creates a dynamic VWAP based on Outstanding Shares Turnover.

The outstanding shares turnover is determined by volume. If the volume exceeds outstanding shares over X amount of days, X amount is used as the VWAP period.
Also included visually is the Bollinger Bands for price and volatility reference.

Notes de version:
Updated study title
Notes de version:
Added tables as a visual aid for pricing and dynamic period for the trader to take into account when making a trading decision.
Notes de version:
Converted main calculation into a function.

Discovered that the financial() function may not have accurate information, especially for stocks that have gone through reverse merger (aka spacs). Added two optional input variables to override shares outstanding. Setting either one will override the values from financial(). Please verify your date from all sources before relying on this indicator.
Notes de version:
Added option to put in percent of float shares short. This will reduce the turnover time which is used to calculate vwap period. Completely optional, but may be of interest for anyone that cares to evaluate turnover rate when taking into account shares that are held short.
Notes de version:
Added option to enable SMA
Notes de version:
Updated background colors
Notes de version:
Gave the user the option to plot the vwap as a static line on last value or a plot to show historic values.
Notes de version:
Carried over new features from my private version of this script.

Mode - added mode to select calculation based on float instead of shares outstanding.
Added option to draw 52 week high/low.
Added overbought/oversold indicators.
Notes de version:
Removed 52week high to fix formatting issues with public template.
Notes de version:
Changed default from line to plot
Notes de version:
Moved table position

Disclaimer: I am not a financial advisor. Do not take anything on here, twitter or stocktwits as financial advice, ever. Do your own research. Consult a professional investment advisor before making any investment decisions!
Script protégé
Ce script est publié en code source fermé et vous pouvez l'utiliser librement. Vous pouvez le préférer pour l'utiliser sur un graphique. Vous ne pouvez pas visualiser ou modifier son code source.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

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