What ? We all heard about (well: over-heard) 5-EMA strategy. Which falls into the broader category of mean reversal type of trading setup. What is mean reversal? Price (or any time series, in fact) tries to follow a mean . Whenever price diverges from the mean it tries to meet it back. It is empirically observed by some traders (I honestly don't know...
FOR STOCKS ONLY. Simply 3 different VWAPs for the pre-market, regular trading session, and the after hours, using session.is_ variables (not sure if they were recently added. Regardless, it would be nice to have a session.isfirstbar_postmarket variable to avoid having to write the code for calculating VWAP instead of simply using a ta.vwap function). Treats all...
VWAP+EMA+RSI Strategy for the group MelléCasH This strategy will enter a long position when the closing price is above both the VWAP and the 15 EMA, and the RSI is above the specified overbought level. It will exit the position when the price falls by the specified stop loss percentage, rises by the specified take profit percentage, or when the trailing stop loss...
Moonhub Index combines several popular technical indicators to create an aggregated index that aims to give a clearer overall picture of the market. The index takes into account the current market condition (trending, ranging, or volatile) to adjust its calculations accordingly. The indicators used in this composite index are: Hull Moving Average (HMA) Fisher...
This indicator plots a line reflecting the percentage of all U.S. stocks above or below their VWAP for the given candle. Horizontal lines have been placed at 40% (oversold), 50% (mid-line), and 60% (overbought). I recommend using this indicator as a market breadth indicator when trading individual stocks. In my experience, this indicator is best utilized while...
The VWAP ( Volume Weighted Average Price ) Deviation script is a powerful tool designed for traders to analyze the relationship between price and volume . By calculating deviations around the VWAP , the script allows users to identify key support and resistance levels that can help in making better-informed trading decisions. The script calculates VWAP based on...
Displays the current and previous days' VWAP. A useful tool for intraday VWAP traders or to optimize longer term entries or exits. Features: Shows levels exceeding the average deviation for the time of day as either warm or cool gradients. Custom alerts including "Closing In Range" which uses the ATR to determine if the closing value in in the vicinity of...
General Description and Unique Features of this Script Introducing the VWAP Momentum-Pullback Strategy (long-only) that offers several unique features: 1. Our script/strategy utilizes Mark Minervini's Trend-Template as a qualifier for identifying stocks and other financial securities in confirmed uptrends. NOTE: In this basic version of the script, the...
The VWAP (Volume Weighted Average Price) indicator is used to calculate the average price weighted by volume. This indicator is designed to automatically draw VWAPs from the highest and lowest points of the last 'n' bars. It utilizes arrays to calculate the values of VWAP and plot it on the chart on the last historical bar. This version was coded to get a...
Bars with positive MACD histogram value and closing above VWAP are colored, long positions should be taken in areas made of those bars. Similarly, bars with negative MACD histogram value and closing below VWAP are also colored, short positions should be taken there. This indicator by default should be a part of your trend following trading system. In the...
This script builds on the standard VWAP buy adding anchor selections for new High, new Low, and for extreme price moves (Percent Change) that can be significate anchor points for the VWAP. The Percent Change is based on "% Price Change" by OrganicPunch and uses a percentage threshold that can be set in the settings.
Easier way to set anchors to today and last trading day's open. All you need to do is to select today from the dates picker in Setting ➔ Inputs ➔ Anchor Today . If last workday is holiday for the market, then overwrite by selecting Manually Set Prev Day Next update: auto set today's anchor, so completely automatic
- This VWAP aims to be used with futures and forex. - The VWAP is reset at the beginning of each session. - 3 different sessions can be specified. - The lines are not drawn when there is no active session. - The upper and lower bands with standard deviation 2 are also drawn. Info: The time zone of the picture is Europe/Berlin
(OVERVIEW) The idea of this indicator comes from traders identifying supply to mainly look for shorts. Scenarios would be gap ups or pump & dumps where huge volume is transacted, & bag-holders are present. Some traders would draw resistance lines, I myself used to draw supply zones using the volume profile on that day, & others used the day VWAP on those days....
The Power Indicator is intended to return some exponential moving average, vwap, volume bar, and others. With this compilation, you will be able to use them as one indicator in Trading View. The components are: - EMA9 - Exponential Moving Average of 9 days - EMA21 - Exponential Moving Average of 21 days - EMA50 - Exponential Moving Average of 50 days - EMA200 -...
Automated VWAP Indicator written in PineScript for TradingView charts. Automatically Anchored at key swing H/L levels extracted from price and volume time-series. Indicator takes one Argument, "LookBack (# of Periods)", and then for a given security finds three key anchors, the highest and lowest values in the 'hlc3' column (average of high low and close on the...
Simple script to anchor vwap to a drag and drop spot on the chart and display it as a band instead of a line. the AVAP Band displays: 1. The AVWAP using High as the source 2. The AVWAP using OHLC4 as the source 3. The AVWAP using Low as the source This is just a different way of visualising VWAP from an anchored point in time (Band vs Line)
I developed this indicator as a "regime detection" for my algo trading bot. It uses the ADX +/- values with a few twists. - If ADX DI+ is over 30 and DI- is below 20 and falling (inverse for shorts) - Price action rising/falling thru various VWAP standard deviations indicates a strong trend break - Some other custom juju (open source so have fun). I use this...