High Breakout with VWAP and Alligator

4 hari lalu

VWAP Integration:

Confirms if the price is above VWAP, signaling a bullish trend with institutional support.
Resistance Level:

Identifies the highest high over a defined period (length) to mark breakout levels.
Williams Alligator:

Confirms trend direction using three smoothed moving averages:
Jaw (Blue): Longer-term trend.
Teeth (Red): Medium-term trend.
Lips (Green): Short-term trend.
A bullish trend is confirmed when Lips > Teeth > Jaw.
Volume Confirmation:

Verifies if the breakout is supported by higher-than-average volume (customizable via volume_multiplier).
Buy Signal:

Triggers when:
Price breaks above resistance.
Volume confirms the move.
Price is above VWAP.
Williams Alligator indicates an uptrend.
Visualization:

Plots VWAP, resistance levels, and Williams Alligator lines.
Labels "Buy" signals on the chart.
Alerts:

Sends an alert when all conditions for a buy signal are met.