FxAST Session Encapsulation + VWAP [ALLDYN]

2021년 10월 21일

-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.

2022년 3월 2일

릴리즈 노트

-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.

2022년 5월 9일

릴리즈 노트

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).

2022년 9월 23일

릴리즈 노트

-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.

2022년 9월 23일

릴리즈 노트

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

2024년 9월 23일

릴리즈 노트

Added in the VWAP to the script