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Custom RI VWAP

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HLC3-based VWAP anchored to the 6:00 PM Globex open with user-defined mirrored “risk interval” bands.

These bands represent fixed point deviations from VWAP, helping identify when price is extended from fair value. In a non-volatile market, inner bands tend to highlight areas wher price is overextended from vwap for mean reversion setups. Outer bands highlight areas where price is more likely to mean revert or require strong momentum to continue.

Use for:

mean reversion at extremes
continuation on acceptance beyond bands
avoiding chasing entries in overextended conditions

Best used alongside key levels, session structure, and orderflow.

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