MVWAP Scalper Prototype [NeoButane]

2018年9月16日

This is a tool that is best utilized on timeframes under 30 minutes.

Besides the MVWAP, the horizontal levels provide support/resistance and shows a 'magnet' to where price might go again.

2018年10月11日

發行說明

Prototype with entirely new formula. What's different is the initial calculations of VWAP before it's used in final calculation.

2018年10月17日

發行說明

- Re-added volume concentration zones, utilizes different method to find zones

- Revamped MVWAP formula to include a modified McGinley for the EMA to weigh a little heavier when going down but still be able to handle pumps

- Added new lines based on 1% liquidation prices that should reset every 3 days, with price being an average of highs/lows and part of VFAP itself. The biggest worry was repainting after seeing how it moves to so close to price when it resets, but it doesn't look like it's repainting heavily and bar replay shows heavy changes only after big moves. I still won't be including it in the final release because it's way too convoluted + takes too long to test + niche

2018年12月21日

發行說明

- Dynamic weighting based on running volume to capture both periods of low and high volatility accurately

2018年12月21日

發行說明

New smoothing method used with a toggle for a regular MVWAP

2018年12月24日

發行說明

- Added toggle for color change.
- Minor changes to formula. 15/D/Smooth, 10/720/Smooth, or 15/D/No Smooth are the current preferred settings