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VAB trading
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V = Volume weighted average price
A = Arrow (price crossed VWAP)
B = Bell (price touched VWAP)
Instant entry when a bell shows up
after arrow.
At 29 July 2021 0800 hours UTC+7 in a EURGBP 1h chart, the VWAP (Volume-weighted average price) line turned from purple to white. The price crossed above the white VWAP with a green arrow.
At 10.00 hours, the price came down to touch the white VWAP line and a bell showed up. With these conditions (Vwap-Arrow-Bell) in place, a buy order could be sent out the instant that the bell appeared. If the leverage was 1:500 and the lot size was 20% of the balance, a cautious trader could take profit when the fund grew up beyond 4%.
VAB trading
==========
V = Volume weighted average price
A = Arrow (price crossed VWAP)
B = Bell (price touched VWAP)
Instant entry when a bell shows up
after arrow.
At 29 July 2021 0800 hours UTC+7 in a EURGBP 1h chart, the VWAP (Volume-weighted average price) line turned from purple to white. The price crossed above the white VWAP with a green arrow.
At 10.00 hours, the price came down to touch the white VWAP line and a bell showed up. With these conditions (Vwap-Arrow-Bell) in place, a buy order could be sent out the instant that the bell appeared. If the leverage was 1:500 and the lot size was 20% of the balance, a cautious trader could take profit when the fund grew up beyond 4%.
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Please do not ask about access to use scripts in the script's comment section.
Please do not ask about access to use scripts in the script's comment section.