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Decision Points The Decision Points Indicator allows quick visualization of Open, Close, High, Low, and PMO (Oscillated Mean Price) values, highlighting support and resistance areas and visually marking critical zones on the chart. This facilitates fast interpretation and helps traders make timely, well-informed decisions. Benefits Time Saving: Reduces the time spent analyzing charts, as key zones are automatically highlighted. Better Decision-Making: Helps avoid impulsive decisions by providing
📉 VWAP and VWAP Bands VWAP Bands are an extension of the VWAP indicator designed to help identify support and resistance zones around the volume-weighted average price. The central line is the VWAP itself, representing the volume-weighted average price. The upper and lower bands are calculated by adding and subtracting a defined number of standard deviations from the VWAP. These bands create a price range within which the market
VWAP – Volume-Weighted Average Price The VWAP (Volume-Weighted Average Price) is a widely used indicator by traders and investors to identify the average trading price of an asset over a specific period, taking into account both price and traded volume . Unlike simple averages, VWAP assigns greater weight to prices where higher volume occurred, providing a more accurate view of the asset’s fair value throughout the session. 🔍 Interpretation: Price above VWAP →