OPEN-SOURCE SCRIPT
AVWAP with Customizable Reset Period - Frank
1. Best results observed on Yearly reset with Daily timeframe with 20% TP settings.
2. Suitable for Investment ideas.
3. This indicator does not identify the Market Conditions and do not find stocks.
4. Investment should be done periodically and not all at once.
5. Keep the buy average below the POC line.
2. Suitable for Investment ideas.
3. This indicator does not identify the Market Conditions and do not find stocks.
4. Investment should be done periodically and not all at once.
5. Keep the buy average below the POC line.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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