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Advanced Daily VWAP

"Advanced Daily VWAP with Standard Deviation and Trading Bands"

Description: "The 'Advanced Daily VWAP with Standard Deviation and Trading Bands' indicator offers a comprehensive view for traders who wish to make the Volume Weighted Average Price (VWAP) the crux of their trading strategy. It not only calculates the VWAP on a daily basis but also incorporates standard deviation to give an accurate representation of market volatility.

The trading bands are calculated using a 1.5% multiplier for the standard deviation, thereby creating a range of strategic levels for the trader. Specifically, the upper band (high) and the lower band (low) represent the potential profit target (TP) and stop loss (SL) respectively. These levels can be used to outline profit goals and loss limits based on current market conditions.

This indicator thus provides a complete framework, allowing traders to make informed decisions based on a combination of VWAP, standard deviation, and strategic trading bands. This can be particularly useful in highly volatile markets, where the volume-weighted average price can provide a more reliable indicator of price trend than the simple average price."


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Was: $249  Now: $99   Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Inspired by Jim Dalton’s book “Mind Over Markets”, this indicator is designed to suit the
Indicator Combine Merge MT5 by RunwiseFX
Runwise Limited
5 (1)
Indicators
Allows multiple indicators to be combined into a single indicator, both visually and in terms of an alert. Indicators can include standard indicators, e.g. RSI, CCI, etc., and also Custom Indicators, even those purchased through Market, or where just have the ex4 file. An early alert is provided, say when 4 out 5 indicators have lined up, and a confirmed alert when all are in agreement. A‌lso features a statistics panel reporting the success of the combined indicator by examining the current cha
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Francesco Vitale
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Are you an intraday trader or do you want to close your open positions at a certain time each day? Problems with the time zone? use our tools and after specifying the time we will close the order for you. How to use it: 1) Just insert our tools into your chart. 2) Enable auto trading 3) Expert Options enter TIMECLOSE (time to close operations) If you need more information, do not hesitate to contact us privately.
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