OPEN-SOURCE SCRIPT
Aggiornato Recent IPO VWAP (<= 4yrs)
CREDITS TO VENU FOR THE IDEA
X: https://x.com/Venu_7_
IPO Anchored VWAP with 4-Year Age Filter
Overview
This script automatically plots an Anchored VWAP (AVWAP) starting from the very first bar of data (IPO) for any given ticker. To maintain clean charts and focus on relevant high-growth names, the indicator features a built-in logic gate that only displays the line if the stock's trading history is 4 years or less.
Why use this?
For many trend traders (following methodologies like CAN SLIM or Mark Minervini’s Trend Template), the IPO VWAP represents the ultimate "institutional average cost basis." However, manually anchoring this on every new chart is tedious.
This script solves two problems:
Automation: It finds the IPO bar instantly without manual clicking.
Decluttering: It automatically hides itself on "legacy" stocks (like AAPL or MSFT) where the IPO anchor is no longer technically relevant for short-to-medium term trading.
Key Features
Auto-Anchor: Dynamically calculates bar_index == 0 to find the start of trading.
Age Filter: Uses a time-based calculation to ensure the line only plots on companies that IPO'd within the last 4 years (approx. 1,461 days).
Lightweight: Minimal Pine Script footprint for fast chart loading.
How to use
Simply add the script to your chart. When you flip through your watchlist:
Recent IPOs (under 4 years): You will see the red AVWAP line.
Established Stocks (over 4 years): The chart will remain clean and the line will be hidden.
X: https://x.com/Venu_7_
IPO Anchored VWAP with 4-Year Age Filter
Overview
This script automatically plots an Anchored VWAP (AVWAP) starting from the very first bar of data (IPO) for any given ticker. To maintain clean charts and focus on relevant high-growth names, the indicator features a built-in logic gate that only displays the line if the stock's trading history is 4 years or less.
Why use this?
For many trend traders (following methodologies like CAN SLIM or Mark Minervini’s Trend Template), the IPO VWAP represents the ultimate "institutional average cost basis." However, manually anchoring this on every new chart is tedious.
This script solves two problems:
Automation: It finds the IPO bar instantly without manual clicking.
Decluttering: It automatically hides itself on "legacy" stocks (like AAPL or MSFT) where the IPO anchor is no longer technically relevant for short-to-medium term trading.
Key Features
Auto-Anchor: Dynamically calculates bar_index == 0 to find the start of trading.
Age Filter: Uses a time-based calculation to ensure the line only plots on companies that IPO'd within the last 4 years (approx. 1,461 days).
Lightweight: Minimal Pine Script footprint for fast chart loading.
How to use
Simply add the script to your chart. When you flip through your watchlist:
Recent IPOs (under 4 years): You will see the red AVWAP line.
Established Stocks (over 4 years): The chart will remain clean and the line will be hidden.
Note di rilascio
CREDITS TO VENU FOR THE IDEAX: https://x.com/Venu_7_
IPO Anchored VWAP with 4-Year Age Filter
Overview
This script automatically plots an Anchored VWAP (AVWAP) starting from the very first bar of data (IPO) for any given ticker. To maintain clean charts and focus on relevant high-growth names, the indicator features a built-in logic gate that only displays the line if the stock's trading history is 4 years or less.
Why use this?
For many trend traders (following methodologies like CAN SLIM or Mark Minervini’s Trend Template), the IPO VWAP represents the ultimate "institutional average cost basis." However, manually anchoring this on every new chart is tedious.
This script solves two problems:
Automation: It finds the IPO bar instantly without manual clicking.
Decluttering: It automatically hides itself on "legacy" stocks (like AAPL or MSFT) where the IPO anchor is no longer technically relevant for short-to-medium term trading.
Key Features
Auto-Anchor: Dynamically calculates bar_index == 0 to find the start of trading.
Age Filter: Uses a time-based calculation to ensure the line only plots on companies that IPO'd within the last 4 years (approx. 1,461 days).
Lightweight: Minimal Pine Script footprint for fast chart loading.
How to use
Simply add the script to your chart. When you flip through your watchlist:
Recent IPOs (under 4 years): You will see the red AVWAP line.
Established Stocks (over 4 years): The chart will remain clean and the line will be hidden!
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Script open-source
Nello spirito di TradingView, l'autore di questo script lo ha reso open source, in modo che i trader possano esaminarne e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricordiamo che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.