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Prakash and Vicky Trend

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Prakash and Vicky Trend

This indicator is designed to help traders identify potential trend changes and key price levels on the chart. It uses three weighted moving averages and the volume-weighted average price (VWAP) for a balanced view of short-term momentum, overall trend, and market value.

The fast and slow moving averages generate buy and sell signals when they cross over or under each other, signaling shifts in market momentum.

The longer-term moving average acts as a trend filter, helping traders see the bigger picture direction.

VWAP offers a benchmark level watched by institutions, highlighting areas of value and potential support or resistance.

This combination provides a simple yet effective framework for making trading decisions with a clear view of price action, trend strength, and key levels.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.