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VWAP Alerts in Tradingview

VWAP Alerts Enhancement
21 June 2024 by
anurag parashar
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Platform: Tradingview

Objective: To enhance the VWAP (Volume Weighted Average Price) indicator by adding customizable alert triggers and improving line visibility across different time frames.

Key Details:

  • Alert Customization: Implemented alerts that trigger when the price crosses the VWAP line. Users can select the time period (e.g., 15 minutes, 1 hour) for the alert to trigger after the crossover.
  • Line Visibility: Increased the thickness of VWAP lines for better visibility. Added labels for high-volume lines to ensure clarity even when multiple lines overlap.
  • Time Frame Consistency: Ensured that VWAP lines remain consistent across different time frames, addressing issues where lines would shift when switching between time frames.

Achievements:

  • Successfully implemented customizable alerts, allowing users to set specific time periods for alert triggers.
  • Improved the visibility of VWAP lines, making it easier for users to analyze price movements.
  • Ensured consistency of VWAP lines across various time frames, enhancing the reliability of the indicator.

This project has significantly improved the functionality and usability of the VWAP indicator in Tradingview Pinescript, providing traders with more precise and customizable tools for market analysis.



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