How I trade with My Indicator - Daily CPR with EMA and Vwap
Hello Everyone. For analysis default time frame is 15 minutes. I follow 3/5 minutes time frame. When you are analyzing please use 5 minutes time frame.
Below are the trades I took on Friday with my own Indicator. I am using VWAP + EMA 10. I take a trade (CE) when Ema crosses Vwap from below and green candle close about it (mark high of this candle). My trade starts when high of previous green high is broken with 1-2/3 risk reward ratio when the market is in range. If its trending then I go for 1-3/4/5 risk rewards.
PE trade when Ema crosses vwap from top and a red candle closes below it (mark the low of this candle). Trades starts when Previous red candle low is broken with the above said risk reward ratios.
When the vwp and Ema is close to each other or there is no gap between then, it's a no trading zone. If we take trades in this zone will not see any rise in prices or SL will be hit multiple times. You guys can try different combination with ema and Vwap or only vwap and any two combination of ema. My combination (vwap+ema 10) suits my requirement.
Below are the trades I took on Friday with my own Indicator. I am using VWAP + EMA 10. I take a trade (CE) when Ema crosses Vwap from below and green candle close about it (mark high of this candle). My trade starts when high of previous green high is broken with 1-2/3 risk reward ratio when the market is in range. If its trending then I go for 1-3/4/5 risk rewards.
PE trade when Ema crosses vwap from top and a red candle closes below it (mark the low of this candle). Trades starts when Previous red candle low is broken with the above said risk reward ratios.
When the vwp and Ema is close to each other or there is no gap between then, it's a no trading zone. If we take trades in this zone will not see any rise in prices or SL will be hit multiple times. You guys can try different combination with ema and Vwap or only vwap and any two combination of ema. My combination (vwap+ema 10) suits my requirement.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.