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Rira VWAP Bands


VWAP Bands gives you the regular Volume-Weighted Average Price and also the deviation bands.

Use this indicator to see the possible amount of market movement, find support and resistance lines, find good spots for entry and exit,  and the most important feature is to find possible pivot points.
This indicator has been mathematically improved by Rira team.

  • The calculation begins at the start of each trading day
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Strength of 8 popular currencies (EUR, GBP, USD, CAD, AUD, NZD, CHF, JPY) is calculated from 28 pairs of Forex market following a Moving Average with custom period and method. You can use it by adding 2 indicators to the chart of Forex pair based on the pair currencies and use it as a confirmation on your strategies. Currencies: EUR, GBP, USD, CAD, AUD, NZD, CHF, JPY Inputs: Currency: 1 of the 8 currencies MA Period: Period of Moving Average MA Method: Method of Moving Average (SMA, EMA, S
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parallelnative
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parallelnative 2021.12.28 13:06 
 

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Version 2.0 2022.01.08
+ Resolved the issue on live market
+ No repaint
Version 1.1 2021.12.20
+ All the levels changed to lines for better indication on chart.