SB Dynamic VWAP

2021年8月30日

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.

2021年8月30日

リリースノート

Updated study title

2021年8月31日

リリースノート

Added tables as a visual aid for pricing and dynamic period for the trader to take into account when making a trading decision.

2021年9月1日

リリースノート

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.

2021年9月2日

リリースノート

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.

2021年9月2日

リリースノート

Added option to enable SMA

2021年9月2日

リリースノート

Updated background colors

2021年9月2日

リリースノート

Gave the user the option to plot the vwap as a static line on last value or a plot to show historic values.

2021年9月6日

リリースノート

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.

2021年9月6日

リリースノート

Removed 52week high to fix formatting issues with public template.

2021年9月20日

リリースノート

Changed default from line to plot

2021年9月27日

リリースノート

Moved table position