FxAST Session Encapsulation + VWAP [ALLDYN]

2021年10月21日

-This tool allows the user to encapsulate (box-in) a single session (Asian, London, New York - Only on the 1H Time Frame) trading range and then calculates the 50% midpoint of the single session high and low (the past six sessions are displayed).
-This information is beneficial if you are looking to trade during specific Time Price Opportunities during a given session (TPO). If you understand Supply & Demand, this additional information on your chart will help filter out a lot of the noise, allowing you to focus on associated price movement during those specific TPOs around your Supply & Demand Zones.

-This tool includes VWAP (Volume Weighted Average Price)
-Why do we need it? The volume-weighted average price (VWAP) is a statistic traders use to determine the average price of an instrument based on BOTH price AND volume.
-Why is it important? VWAP is important because it provides traders with insight into both the traded instrument's trend and value.

2022年3月2日

リリースノート

-Minor update to clean up the 50% mid-line of the session encapsulation boxes to NO LONGER extend past the end of the TPO session being encapsulated.

2022年5月9日

リリースノート

Added the ability to be alerted when VWAP state change happened per customer requests.
-----> 1) Strong Buy Signal & 2) Strong Sell Signal (messages is to Analyze chart and compare to MACD).

2022年9月23日

リリースノート

-Removed VWAP as the line was confusing with the FxAST system overlay (primary), and also optimized chart loading time.
-Removed VWAP + from the title and short title inside the pine script code. Unable to change/rename script title.

2022年9月23日

リリースノート

Removed the bottom indicators to have a clean chart for TV house rules.

9月23日

リリースノート

Added in the VWAP to the script