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wnG - VWAP MOD

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Modified version of VWAP :

Classic VWAP with 6 levels based on the Average True Range to identify the distance and distribution of the prices around the VWAP.

There are 2 calcul methodologies for the bands
- Last 24 Hours Average True Range
- Progressive Average True Range starting from 00:00

As prices tend to move around the VWAP level, favor LONG positions in the GREEN ZONE (and SHORT in the RED ZONE).

How to use it :
Avoid taking long position when price is in the RED ZONE
Avoid taking short position when price is in the GREEN ZONE

==> Adjust the settings depending on your timeframe and asset
Nota Keluaran
Update : minor fix

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.