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Wick Hunter TV Companion Dynamic VEMA v0.5 (beta)

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Wick Hunter TV Companion Dynamic VEMA v0.5 (beta)

For triggering trades on Wick Hunter TV Companion

Indicator is similar to the standard VWAP indicator, however - this adds a level of protection against sudden reversals to not counter-trade retracements. This allows you to trade on a low timeframe while still counter-trend trading the overall trend.

Note that VEMA is a volume weighted EMA (i.e. the moving average is weighted by both volume and recency), and is slightly different to VWMA/VWAP. As recent prices are weighted heavier, a longer period should be used if you want a similar trigger to VWMA/VWAP.

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.