Vwap and Mvwap

RELIANCE INDSNSE

Описание

⋅ 20 окт 2019 г., 09:10

Day Trading - Made Easy

Vwap (Volume weighted avergae price) is an excellent day trader's tool which comprises of two vital elements ( volume and Price).

and a 50 period vwap based MVWAP provides a baseline for the day trading strategy..

Green bars = price above both vwap and Mvwap.. (for long positions)
Red bars = price below both vwap and Mvwap .. (for short positons)
Gray bars = price in between both vwaps

* One has to apply this strategy along with momentum, major supports and resistances.
* add other confirmations for better trades.

Информация о релизе

⋅ 22 окт 2019 г., 09:41

updated with the few corrections in the calculations and fixed the bar color to appropriate

Комментарии

ralphclementlie

⋅ 20 янв 2020 г., 20:39

Hi Nifty_Trade_King,

Thank you for this great indicator.

Would you like to share this script?

aradithya364

⋅ 15 июня 2021 г., 03:33

hi Nifty Trade king

thanks for MVWAP .... In your expenerience how good is like price closing above are blow 50 moving vwap accurancy ,,,, i mean does have 60% accuracy rate

lautaritof50

⋅ 29 сен 2021 г., 18:04

Hi! How are you? I like the indicator the MVWAP wanted to ask you if you could pass me the script of how you did it. Greetings!

shakes70

⋅ 25 апр 2020 г., 16:26

Hi sir Nifty_trade_king,

Thank you for the indicator,

I but nothing draws in the chart, can you help me please but we can draw on stocks kindly give a fresh version pl ...

RisingPrince

⋅ 16 окт 2023 г., 08:04

Thanks a lot brother for your great indicator but Im requesting you that please add 4 ema to this as the limitation of indicators dropped by the TV, You can share this script if you dont mind, I ll provide my email if you say yes, Thank you.

D-Rock_Anomaly

⋅ 1 фев 2023 г., 06:36

This is an excellent indicator. Working well for me in crypto intraday trades. I like it in combination with a VWMA line, as a 3 way confirmation on the 5m and 15m. Also works well with camarilla pivot points, though the chart gets a bit messy by then haha. Thanks for sharing it, very nice.

FlammaTheKing

⋅ 31 янв 2023 г., 06:36

i loved ur job , take a bow bro

piuspinto19

⋅ 23 апр 2020 г., 08:48

Hi Nifty_trade_king,

Thank you for the indicator,

I added the indicator, but nothing draws in the chart, can you help me please

shakes70

⋅ 25 апр 2020 г., 18:27

@piuspinto19, this is bcoz trading view doesnt get nifty and BNF volume hence indicators dont work , but for stocks they work

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