Based on my VWAP + Fibo deviations indicator, I tested some strategies to see if the indicator can be profitable; and I got it !
This strategy uses:
+1.618 / +2.618 / -1.618 / -2.618 Deviations Extensions to create 2 bands
The value of the deviation
First, the 2 bands are plotted : +1.618/+2.618 painted in red and -1.618/-2.618...