StuBuzzzini

SB Dynamic VWAP

StuBuzzzini Diupdate   
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.

Catatan Rilis:
Updated study title
Catatan Rilis:
Added tables as a visual aid for pricing and dynamic period for the trader to take into account when making a trading decision.
Catatan Rilis:
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.
Catatan Rilis:
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.
Catatan Rilis:
Added option to enable SMA
Catatan Rilis:
Updated background colors
Catatan Rilis:
Gave the user the option to plot the vwap as a static line on last value or a plot to show historic values.
Catatan Rilis:
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.
Catatan Rilis:
Removed 52week high to fix formatting issues with public template.
Catatan Rilis:
Changed default from line to plot
Catatan Rilis:
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!
Skrip terproteksi
Skrip ini dipublikasikan secara closed-source dan anda dapat menggunakannya dengan bebas. Anda dapat memfavoritkannya untuk digunakan pada grafik. Anda tidak dapat melihat atau mengubah kode sumbernya.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.

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