Updated
Vwap Salvatierra
Vwap Salvatierra. an indicator that must be accompanied by other volume indicators.
Benefits:
- Long term Vwap.
- Middle Std. deviations, Calculated automatically.
- Previous zones available.
How to use:
when the price is >= stdev+3, look for shorts till came back to vwap
whe the price is <= stdev-3, look for longs till came back to vwap
if the vwap cannot be broken, as resistance, after several attempts, then sell
if the vwap can't be broken, like support, after several tries, then buy.
Benefits:
- Long term Vwap.
- Middle Std. deviations, Calculated automatically.
- Previous zones available.
How to use:
when the price is >= stdev+3, look for shorts till came back to vwap
whe the price is <= stdev-3, look for longs till came back to vwap
if the vwap cannot be broken, as resistance, after several attempts, then sell
if the vwap can't be broken, like support, after several tries, then buy.
Release Notes
The Previous Version of This indicator had an error and could not be plotted on chart. I fixed that error, so you can now use the indicator with no problem.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.