NEO" is a countertrend Algo designed to identify potential pivots , take profit areas, and trend reversals. "NEO" also has an additional trend-following feature for more traditional signals.
Introduction Technical indicators often have parameters settings that the user must enter, those are inconvenient when the user must design a strategy because such settings must be optimized, it must also been noted that the optimal settings at time t could change at time t+n , this is why non parametric indicators are more efficient. Today i propose a moving...
The script has traditional VWAP for two different timeframes along with an option to anchor them to a particular bar. VWAP bands are also included in the script. The bands and VWAP act as hidden support/resistance for the scrip and are useful for intraday trading.
"NEO" is a countertrend Algo designed to identify potential pivots, take profit areas, and trend reversals. "NEO" also has an additional trend-following feature for more traditional signals.