Its made of multiple elements such as :
Fast VW moving average
Slow VW moving average
Time management( forex sessions as inputs)
Rules for entry
Last 2 values were ascending, fast moving average is below moving average and is below 30 level. At the same time we are either into London or NY session.
Last 2 values were descending, fast moving average is above moving average and is above 70 level. At the same time we are either into London or NY
Rules for exit
WE have 2 exit possibilities: we can exit either at the end of NY/London Session or based on a TP/SL risk management calculating % in movement.
If you have any questions let me know !
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.
🔻Binance : https://www.binance.com/en/register?ref=58670354
🔻FREE Discord channel : https://cutt.ly/kWfhNxo