This script can provide u information for possible Trendchanges and good entry Points as shown and Bollinger Bands based on vwap.
Additional u can choose to plot the 50/200/500 Mvwap (Moving weighted volume average price), as reference.
I personally dont use the simple moving averages on this script.
Most used pattern on my trades:
Price brakes below/above center line, wait for retest middleline or big push into trend direction enter trade with stopp loss below center line.
Additional u can choose to plot the 50/200/500 Mvwap (Moving weighted volume average price), as reference.
I personally dont use the simple moving averages on this script.
Most used pattern on my trades:
Price brakes below/above center line, wait for retest middleline or big push into trend direction enter trade with stopp loss below center line.
Versionsinformation:
Added ATR Range as label
Versionsinformation:
Added Input for Moving Average to choose, which ones fit u most.
Versionsinformation:
Input for ATR Length and Deviation for ATR labels.