OPEN-SOURCE SCRIPT
Body Dominant VWMA Strategy aum
Core Features:
Daily VWMA reset option for intraday trading
Body dominant candle detection
Position tracking and signal generation
Buy/Sell labels on candles
Decisive Entry Mode:
When OFF: Signals on close price crossing VWMA
When ON: Signals only when entire candle (including wicks) is above/below VWMA
Body Proportion Check:
Calculates ratio of body to total candle size
Only generates signals on body-dominant candles
Position Management:
Tracks current position
Prevents duplicate signals
Resets positions on new day when daily reset is enabled
Visualization:
VWMA line plotted in blue
Clear BUY/SELL labels on candles
Alert conditions for both signals
Daily VWMA reset option for intraday trading
Body dominant candle detection
Position tracking and signal generation
Buy/Sell labels on candles
Decisive Entry Mode:
When OFF: Signals on close price crossing VWMA
When ON: Signals only when entire candle (including wicks) is above/below VWMA
Body Proportion Check:
Calculates ratio of body to total candle size
Only generates signals on body-dominant candles
Position Management:
Tracks current position
Prevents duplicate signals
Resets positions on new day when daily reset is enabled
Visualization:
VWMA line plotted in blue
Clear BUY/SELL labels on candles
Alert conditions for both signals
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Açık kaynak kodlu komut dosyası
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.