It's the popular indicator with as a source instead of close:
- RSI_VWAP = ( (close), RSI_VWAP_length)
What is the ( )?
VWAP is calculated by adding up the dollars traded for every transaction (price multiplied by the number of shares traded) and then dividing by the total shares traded.
Trades are laddered to improve the average entry price and each entry is increased, improving the entry but increasing the risk of being liquidated.
It can be easily converted to study (alerts)
Settings for BINANCE:BTCUSDT at 30m
A condition has been added so that each entry is better than the previous one according with the average price of the position.
The closing percentage for the Take Profit has been added.
Bulls and bears can be activated independently or all at once.
hope this helps,
I am working with 1hr bars with extended trading hour data.
The false positives I've observed are of the most recent "final" bars that are >not< eliminated by refreshing. I've >only< seen this in the most recent bars. None of the established (>1 day after) bars have ever changed.
These "false positive" bars I'm seeing are falling in the transition zones between the opening and closing of the US market's official hours.
I wanted to know if you had any insight into the market data that TV receives. Is it updated for accuracy after a day has been completed? If not, no biggy.
Thanks for your work!