Created this script that creates a dynamic VWAP based on Outstanding Shares Turnover.
The outstanding shares turnover is determined by volume. If the volume exceeds outstanding shares over X amount of days, X amount is used as the VWAP period.
Also included visually is the Bollinger Bands for price and volatility reference.
EmperorBTC's VWAP Indicator & Strategy
v2.1
coded by Bogdan Vaida
This indicator was created after EmperorBTC's conditions.
Good timeframes for it: 30', 15', 5'
To convert from strategy to study switch the commented lines in the beginning
and at the end of the script and vice versa.
What this indicator does is to check if:
o Pivot Point was...
This indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend.
How to trade it:
Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course).
If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio
...
This is a fun little project that allows you to anchor the Volume Weighed Average Price (VWAP) to a specific day and plot up to 4 standard deviations up or down.
I've also added a Volume Weighted Moving Average (VWMA) plot and accompanying cloud to more easily visualize how volume-based momentum affects trends.
Typically, you'll see price respecting the VWMA...
The main concept for creating this was to completely remove the whipsaw nature of VWAP by introducing lag.
References:
www.investopedia.com
www.investopedia.com
www.investopedia.com
Get more consistent scalps by trading in-between Bollinger Band Deviations.
FEATURES:
1) 3 Bollinger Bands with default settings to 1, 2, and 3 deviations for more consistent scalps
2) Trendicator: a dynamic color changing moving average that helps you see trend quickly
3) Robust VWAP tool with up to 3 different deviations as well as different anchor points to...
Design for LONG and Day Trade only
- Identify buy and sell signal using CCI
- Green Zone when
-- Price over VWAP
-- EMA9 > EMA50 > EMA200
-- MACD fast > MACD slow
- Yellow Zone when either one failed
- White line occurs when breakout of Higher High + Higher Low
This indicator was created after EmperorBTC's conditions. Conditions displayed below:
Good timeframes for it: 30', 15', 5'
To convert from strategy to study switch the commented lines in the beginning and at the end of the script
What this indicator does is:
1) Check if Pivot Point was crossed
2) Stoch-RSI and VWAP were crossed up in current or previous candle
3)...
The indicator is inspired by inputs from Mr. Nitish Kumar.
It also takes into account VWAP but only if the current time frame is intraday, i.e less than 1D.
I hope this indicator will help a lot of retail investor save their hard earned money in the stock market and benefit from Mr. NK's strategy.
When blue - Go long.
When red - Go short.
Best,
Swan
Herewith a simple oscillator that show the difference in price between a Moving Average of the price, and the current VWAP
This show as a histogram
On top of that is a Moving Average of the histogram value, shown as a blue / red line with an option to hight these crossing and also crossing zero
Simple idea ; code open.
Based on comment of @coondawg71 I tried to compare VWAP and EVWMA.
Both are sort of moving averages so I decided to create a MACD based on these 2 indicators.
In parameters you can set EVWMA Length and 2 smoothing lengths for "macd" and "signal".
Strategy seems to work pretty good at 2h-8h timeframes for crypto.
What do you thing about it?
Volatility adjusted moving multi-day VWAP zones
Directionality, trend and support/resistance levels at a glance
Useful for trading practically all kinds of stocks and futures.
Works well with many timeframes.
More updates to come, stay tuned
![EOSUSDT: EVWMA VWAP MACD Alerts [QuantNomad]](https://s3.tradingview.com/y/YNcHHCfm_mid.png "EVWMA VWAP MACD Alerts [QuantNomad]")
![DOGEBTC: McGinley Dynamic VWAP/MVWAP [NeoButane]](https://s3.tradingview.com/7/7poR5L9j_mid.png "McGinley Dynamic VWAP/MVWAP [NeoButane]")
![BTCUSD: Midas 6 Anchored VWAP [xdecow]](https://s3.tradingview.com/t/tZMg8BFt_mid.png "Midas 6 Anchored VWAP [xdecow]")
![XRPBTC: EVWMA VWAP MACD Strategy [QuantNomad]](https://s3.tradingview.com/z/ZguF6GBo_mid.png "EVWMA VWAP MACD Strategy [QuantNomad]")
