This indicator uses VWAP and projects this VWAP into up to 3 levels, shifted by a percentage of the chart's symbol.
How to configure:
Choose the symbol and desired graphic timeSet the start time of the symbol (in bovespa, WIN and WDO start at 9 o'clock). This time is used as the cutoff reference for VWAP.Check which VWAP period fits the chart better: Ideally, a period when VWAP is not too distant from the chartSet percentage levels: Ideally, you should set levels based on history, so that...
This indicator uses volume and volatility information to indicate the trend or to indicate the market reversion/correction. There are 2 indicators in one. The indicator works in two styles: values per candle and accumulated values.
Using the volume and volatility information, when well adjusted, this indicator has a good probability to indicate the right direction, both in lower (M1, M2, M5) and higher (M15, M30) timeframes.
Strategy 1: Trend indicator
Indicates the operation direction....