TemaVWAPRSI StrategyExchange: Kraken
Timeframe: 5m
Pair: ETH/USD
If you use this for any other exchange or pair, you'll have to tweak the settings, most importantly are the trailing stop ticks. This strategy is currently in what I would call beta mode. It uses the volume weighted average price indicator, rate of change, two triple exponential moving averages and the relative strength index to find buy and sell signals.
D-VWAP
Auto Anchored Volume Weighted Average Price - Custom AVWAP
Based on Brian Shannon's AVWAP - This indicator anchors vwap to the highest high, lowest low and highest volume bar of a user defined lookback period.
In the chart example above on AVAX, the lookback period is set to 90 days
- The blue line depicts AVWAP from the highest bar in in the last 90 dats
- The purple Line is AVWAP from the lowest bar in the last 90 days
- The golden line is AVWAP from the highest volume bar in the last 90 Days
These levels act as a price magnet and strong levels of support and resistance. I use them to identify chart locations for where I want to do business and look for trade setups.
Unlike moving averages, AVWAP will maintain it's chart position no matter the chart resolution. One way to take advantage of this is to wait for price to get to one of these levels, go to lower timeframes and find low risk setups based on your trading strategy.
You can customise the look and feel and which anchors you want displayed. You can use multiple instances with varying lookback periods to display shorter and longer term levels simultaneously
Auto AVWAP (Anchored-VWAP)Anchored Volume Weighted Average Price (AVWAP)
Pioneered by Brian Shannon, an Anchored VWAP is the measure of the average price per share since a specific moment or event. It is found as a tool in TradingView in the same toolkit as Trend Lines.
This indicator uses a Stochastic RSI measurement to define when low and high points (support and resistance levels) have occurred and applies an 'anchor' to these points.
It progressively updates these anchor points as they change. The "Next" potential AVWAP values are also displayed. When a support level is raised or a resistance level is lowered the main AVWAP value is replaced by the "Next" value.
Default Configuration:
This indicator (unconventionally) uses the high and low values instead of the HLC3 values used by a typical VWAP calculation. This allows for what appears more like support and resistance than simply an average price. Simply uncheck this configuration value to see the difference.
Breakout alerts are triggered by the open value. Uncheck this setting to use the close.
Multiple Anchored VWAP [Morty]The Anchored VWAP (aVWAP) indicator ties VWAP calculations to a specific price bar chosen by the trader. Anchored VWAP allows you to specify the price bar where calculations begin, making it easy to see whether the bulls or bears have been in charge since a very specific point in time. The starting price bar that is chosen generally marks a shift in market psychology, such as a significant high or low, earnings, news, or other announcements. The Anchored VWAP line is charted using price and volume data from that significant event onward.
This indicator plots up to 4 aVWAP lines in the chart.
Features:
- plot up to 4 aVWAP lines
- custom start date of aVWAP
- custom line color
- optional label of starting price bar
- optional custom resolution
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锚定VWAP(aVWAP)指标将VWAP的计算与交易者选择的特定价格柱联系起来。锚定VWAP允许你指定计算开始的价格柱,使你很容易看到自一个非常具体的时间点以来,是牛市还是熊市在起作用。所选择的起始价格条通常标志着市场心理的转变,如一个重要的高点或低点、收益、新闻或其他公告。锚定VWAP线是使用从该重大事件开始的价格和成交量数据绘制的。
该指标在图表中最多绘制了4条aVWAP线。
特色:
- 绘制多达4条aVWAP线
- 自定义aVWAP的开始日期
- 自定义线的颜色
- 可选的起始价格条的标签
- 可选的自定义分辨率
Session/Day VWAP & Std Dev Bands/VWAP and Standard Deviation Bands for intra-day & Day sessions
/Intra-day sessions be default are set to crypto
- Asia session
- London Session
- New York Session
- Close Session
Day broken up into sessions as a 24 hour period consists of different market participants and therefore different behaviour.
VWAP oscillator [upslidedown]This VWAP oscillator showcases the percent difference between VWAP and current price within an oscillator centered on 0. My thesis for this indicator is that trend following within the threshold zone (defaulted to 1%) would be "choppy" but outside is a significant trend. Another way to think about VWAP is potential for taking profits, as price will always be magnetized back to the center.
I find this sort of visualization very helpful when creating strategies that revolve around a filter such as VWAP and wasn't able to find anything that was close and/or provided this sort of visualization publicly. Enjoy and let me know if you find this useful or can dream up an improvement.
Swing VWAP Weekly Stock and Crypto StrategyThis is a simple yet very efficient swing strategy designed for crypto and stock market, using big timeframes.
Its main component is VWAP weekly, so for best scenarios its better to use big timeframes such as 8h+.
The rules for entry are simple:
If our close if above vwap weekly we enter long .
If our close is below vwap weekly we enter short.
We exit from the trade, when a reverse condition than the entry one is triggered.
Because this strategy has no risk management inside, I recommend to be careful with it.
If you have any questions, let me know
[VJ] Viper VWAP IntradayHello Traders, this is a simple intraday strategy involving the ever reliable VWAP and a chop index to add twist to the traditional style . You can modify the values on the stock and see what are your best picks. Comment below if you found something with good returns
Strategy: VWAP based strategy but uses an additional powerful indicator Chop index to help us stay out of false trades.
Indicators used :
VWAP identifies the true average price of a stock by factoring the volume of transactions at a specific price point and not based on the closing price. VWAP can add more value than your standard 10, 50, or 200 moving average indicators because VWAP reacts to price movements based on the volume during a given period.
The Choppiness Index is designed to determine whether the market is choppy or trading sideways, or not choppy and trading within a trend in either direction. Using a scale from 1 - 100, the market is considered to be choppy as values near 100 (over 61.80) and trending when values are lower than 38.20)
Buying/Selling typically happens at VWAP Breakouts which is then validated with extreme CI to ascertain the entries
Aggressive trade stop can be employed by using the % for long and shorts in the strategy.
Usage & Best setting :
Choose a good volatile stock and a time frame - 10m.
CI Index : 14
Trend Factor - anything below 38.2 is considered in trend, you can experiment from 50
There is stop loss and take profit that can be used to optimise your trade
The template also includes daily square off based on your time.
TurboVWAPoscilOscillator based on VWAP and its standard deviations. It will display VWAP as a zero line and then an indicator line showing where price is in relation to VWAP expressed as Standard Deviation units.
This indicator is based on my awesome indicator TurboVWAP, so it shares most of its features:
- you can select whether you want a rolling or an anchored VWAP as basis.
- the VWAP will auto-set itself depending on the chart timeframe, so that it will be calculated based on the period you really want, not number of bars or similar.
- you can set the indicator to auto-set session start and end times for the session-anchored VWAP depending on the futures contract selected, so you don't need to mess with times.
[VJ] Mega Supertrend for IntradayThis is a simple intraday strategy for working on Stocks or commodities based out on Super Trend and intraday's best friend - VWAP . You can modify the start time and end time based on your timezones. Session value should be from market start to the time you want to square-off
Important: The end time should be at least 2 minutes before the intraday square-off time set by your broker
Comment below if you get good returns
Strategy: Tweaked Super trend with VWAP
Indicators used :
Super trend is simple and easy to use indicator and gives a precise reading about an on going trend.It is built with two parameters, namely period and multiplier.The Buy and Sell signal modifies once the indicator tosses over the closing price. When the Super trend closes above the Price, a Buy signal is generated, and when the Super trend closes below the Price, a Sell signal is generated. In this case we use it only for direction .
Multiplier is a vital input for Super trend. If the multiplier value is too high, then lesser number of signals is made.
Volume is important as we don’t want to get stuck with a stock which has few takers, even if you think it is priced attractively. Thus, the VWAP was created to take into account both volume as well as Price so that the potential trader would make the trading decision or not.
In simple terms, the Volume Weighted Average price is the cumulative average price with respect to the volume
Buying/Selling
when the closing price starts moving up/down and farther from the VWAP, there is pressure among the traders to sell/buy, a general belief kicks in that it might be that the stock is overvalued/undervalued .This is the time when we couple the Super trend to take our entries
Usage & Best setting :
Choose a good volatile stock and a time frame - 5m.
ST multiplier : 3
There is stop loss and take profit that can be used to optimise your trade
The template also includes daily square off based on your time.
QuickSilver Intraday using RSIThis is a simple intraday strategy using very basic intraday super indicators - RSI & VWAP for working on Stocks . You can modify the values on the stock and see what are your best picks. Comment below if you found something with good returns
Strategy:
Indicators used :
The Relative Strength Index (RSI) is one of the most popular and widely used momentum oscillators.The values of the RSI oscillator, typically measured over a 14-day period, fluctuate between zero and 100. The Relative Strength Index indicates oversold market conditions when below 30 and overbought market conditions when above 70
VWAP identifies the true average price of a stock by factoring the volume of transactions at a specific price point and not based on the closing price. VWAP can add more value than your standard 10, 50, or 200 moving average indicators because VWAP reacts to price movements based on the volume during a given period.
Buying happens at VWAP Breakouts which is then validated with RSI to check for overbought & oversold conditions.
Aggressive trade stop can be employed by using the % for long and shorts in the strategy.
Usage & Best setting :
Choose a good volatile stock and a time frame - 10m.
RSI : 9
Overbought & Oversold - can be varied as per user
There is stop loss and take profit that can be used to optimise your trade
Extending this to,
In general guidelines for RSI :
Short-term intraday traders (day trading) often use lower settings with periods in the range of 9-11.
Medium-term swing traders frequently use the default period setting of 14.
Longer-term position traders often set it at a higher period, in the range of 20-30.
The template also includes daily square off based on your time.
Multi Range Pivots
Multi Range Pivots works by recognizing the high and low of the timeframe selected and plotting range high to MEAN averages and range low to MEAN averages.
This is essentially the VWAP pivots updated to include not only VWAP as a MEAN, but also SMA, EMA, VWMA, DEMA, TEMA, TRIMA, KAMA, MAMA, T3, H/L basis and Donchian basis.
Also, with high and low no longer repainting, I was able to add true reliable signals.
Enjoy
MTF Key Levels - Support and ResistanceThis indicator shows how to Multi Time Frame (MTF) interpret levels:
Watch how price acts around these levels and how they can act as support/resistance and can be used as great confluence levels for your technical analysis.
This indicator displays:
VWAP Levels
Daily / Weekly / Monthly / Yearly
Within the chart above I have marked out how displaying these VWAP levels can provide support and resistance levels to be aware of.
Daily – Weekly - Monthly – Yearly Levels
O = Open / H = High / L = Low
pO = Previous Open / pH = Previous High / pL = Previous Low / pEQ = Previous Equlibrium
Having previous Low/High levels makes you aware of Swing Failure Patterns (SFP). Also the daily/weekly/monthly opening and previous opening can assist with the trend.
Daily Open: Gives you an idea who is in control for the day. This level very often acts as strong support or resistance.
Weekly Open: Indicates where the price is within the higher timeframe.
Monthly Open & Yearly Levels: Overview of direction for the whole month without looking at a monthly chart and Yearly chart
Line Options
Within the line options you can choose to have a clean chart and display a “short line”. These line length can be adjusted by the user.
Line just to the right.
Line across the screen.
Disclaimer: The Monthly and Yealy VWAP will only show on higher timeframes this is due to restriction of how many candles can be shown on the chart. The candles displayed need to go back to either the start of the month of year to be able to calculate their VWAPs.
Stock trending strategy This is a long only strategy designed maily for stock markets and futures. In general it works best with 1h, however it can be optimized with other timeframes as well.
Components:
VWAP
MACD histogram
EMA 9
Rules for entry
Long :
For VWAP: close is above the vwap daily
EMA: close is above the moving average
MACD histogram is above 0
Short:
For VWAP: close is belowthe vwap daily
EMA: close is below the moving average
MACD histogram is below 0
Rules for exit
This strategy does not have any risk management inside. Instead it exits whenver it receives an opposite signal form the original one used for entry.
If you have any questions let me know !
TurboVWAPs 3XAwesome indicator that will plot on your chart up to 3 different VWAPs and optionally up to 3 standard deviations for each one.
Each VWAP can be configured to be a Rolling or Anchored VWAP and to automatically adapt its period depending on the current chart timeframe. For example, you can configure each VWAP to be a rolling 30min VWAP for timeframes below 30M, a session-anchored VWAP between 30M and 1D timeframes, a rolling monthly VWAP for a 1D timeframe and a quarterly VWAP for a weekly timeframe.
You can disable any of the three VWAPs or any of its standard deviations bands.
For session-anchored VWAPs the script will automatically set session times depending on the current futures contract (only for US and EUR futures) if desired. You can disable this feature and manually input session start and end times.
Vwap mtf Swing Stock StrategyThis is a trending strategy designed for stock market, especially long trending assets such as TSLA, NIO, AMAZON and so on.
Its made of volatility bands and weekly VWAP, in this case daily and weekly.
This strategy has been adapted to go long only.
Rules for entry
For long , we want to enter close of a candle is above vwap weekly, and at the same time the close of a candle cross-under the lower volatility band.
For exit , we want to enter close of a candle is below vwap weekly, and at the same time the close of a candle cross-over the upper volatility band.
This strategy does not have a risk management inside, so use it with caution.
If you have any questions, let me know !
Timeweighted Colored VWAP with SlopeHey, traders!
This script calculates the VWAP's change rate against ATR in a number of k-lines. It controls the VWAP line's color based on the average change rate, and it changes its color in a time-weighted way.
1. Calculating vwapValue's rate of change
2. Controlling Line's color based on the average change rate against ATR
3. Calculating average change rate in the past k-lines
K线的数量:计算多少根K线的VWAP值的变化率的平均值,相当于用K线的数量来时间加权
变化率阈值:线条颜色变化的阈值,VWAP值的变化率比这个大或者小时改变颜色,否则延续原来的颜色
Good luck with your trading!
Multi Range VWAP PivotsMulti Range VWAP Pivots turned out to be one of my most accurate pivot indicators to date!
Multi Range VWAP Pivots works by recognizing the high and low of the timeframe selected (D, W, M, 6M, and 12M) and plotting range high to VWAP averages and range low to VWAP averages.
After further examination of each completed range, I came to the conclusion that due to the nature of averages, high and low respectively would need to be completed within the current range, for the averages to actually display pivots correctly. This means that if all averages appear to be "pivoting" correctly after or during a break lower of higher, then we can only assume the most recent break higher or lower could be exhaustion and price will be reverted to the mean (VWAP). OR, this could be the most accurate hindsight indicator on the planet.
*DISCLAIMER*: This indicator repaints. DO NOT backtest or set alerts with this indicator.
CCI & EMA strategy by TradeswithashishThis strategy is extremely useful for positional traders or traders using timeframe 15-minute of higher. It uses following combo of values:
VWAP, CCI, Volume and Moving average (simple and exponential)
Caution:
Avoid taking trade if candle size is greater than twice the average candle size. for that wait for the retracement to near trailing stoploss
BankNifty - VWAP + StdDev Bands- By Default the script draws Daily VWAP for Bank Nifty based on Futures Volume or underlying Index Stocks based on user input
- Optionally one may Anchor it to Week/Month etc or anchor it from a particular Time.
- It also draws 3 Standard Deviation Bands from the VWAP based on User Input.
- Optionally draws Previous VWAP Close for and Bullish or Bearish Move.
- It works with NIFTY 50 as well but only using Futures Volume(Pine limitation to number of security calls) . Please change the Symbol and Futures Volume symbol to "NSE:NIFTY" and "NSE:NIFTY1!" NSE:BANKNIFTY NSE:NIFTY
HYE Mean Reversion VWAPIndicator version of the strategy "HYE Mean Reversion VWAP"
"Long", "Short", "Exit Long" and "Exit Short" alarms added.
Use with "Once Per Bar Close".
*** I used the "VWAP with period" indicator code of @neolao. Special thanks to @neolao.
Indicator Link:
HYE Mean Reversion VWAP [Strategy]An RSI filtered version of PJ Sutherland's Jaws Mean Reversion algorithm using volume weighted average price (VWAP) instead of simple moving average (SMA).
"Long" on the close when;
1-) 2 period VWAP closes 3% or more below the 5 period VWAP ,
2-) 5 period exponential average of the 2 period RSI is below 30.
"Exit Long" on the close when;
1-) 2 period VWAP closes above the 5 period VWAP.
"Short" on the close when;
1-) 2 period VWAP closes 3% or more above the 5 period VWAP ,
2-) 5 period exponential average of the 2 period RSI is above 70.
"Exit Short" on the close when;
1-) 2 period VWAP closes below the 5 period VWAP.
*** You can change the needed percentage for long and short trades, periods of VWAPs and RSI levels.
*** You can select the trend direction: "Long Only" , "Short Only" or "Both". Default is "Long Only".
I used the "VWAP with period" indicator code of @neolao. Special thanks to @neolao.
Indicator Link:
Trade Vertex - Bank Nifty Volume IndicatorNSE:BANKNIFTY
We all know that the value of an Bank Nifty is derived from top banking sector underlying stocks.
The value of Bank Nifty is calculated from free float market capitalization.
Using the same formula, I made an indicator on the bases of weighted volume of each stock.
This indicator will help you to plot Volume on Bank Nifty.