This is the only indicator combing the results of VWAP + 2 SMAs + 2 EMAs. This is a free indicator. Enjoy using it. Kunal Jain
The Rejection Zone Indicator can be used to help trend following traders know when to buy dips in up trends, and when to sell pull backs in down trends. The Rejection Zone Indicator is made up of the 20 and 50 period Exponential Moving Averages. This indicator has colored shading in between these two EMAs, which acts as a nice visual. When the 20 period...
█ OVERVIEW This indicator is an attempt to bring all VWAP functionalities under one umbrella suite, the existing VWAPs are great and this was made to provide all functionalities. (pending more updates as well) █ FEATURES Multiple VWAPs MTF Individual Band configuration Previous vwap closes Date tracking of previous closes MTF Options Enabling the other VWAPS...
Library "MovingAverages" Contains utilities for generating moving average values including getting a moving average by name and a function for generating a Volume-Adjusted WMA. vawma(len, src, volumeDefault) VAWMA = VWMA and WMA combined. Simply put, this attempts to determine the average price per share over time weighted heavier for recent values. Uses a...
This script calculates the daily VWAP from any specified starting point intraday. Also colors the VWAP based on whether price is above or below it. Standard vwap starts at day open 0 GMT, however there are some exchanges for eg. Deribit that have seen they use a different time period to begin VWAP calculations. This is useful in such cases. You need to specify...
Continue to experiement with VWAP and EVWMA. It seems that just simple crosses between VWAP and EVWMA can be pretty good signals. VWAP is a bit choppy so you can use VWAP smoothing input to smoth it a bit. Here are few other strategies based on EVWMA: EVWMA VWAP MACD Strategy QuantNomad - EVWMA MACD Strategy