Earth and Sky AVWAP
This shouldn't need much explanation. I like to use brown for the ground and blue for the sky. I mostly wanted to say thanks to TradingView for giving us a free point-and-click anchored volume weighted average price tool. I can't get enough of it and I haven't thought much about 50-day moving averages in 2020. VWAP basically tells you the point at which a group of buyers is either underwater or not.
If price is above a line, the collective position of buyers since the beginning of the line are in profit. If price is below a line they are at a loss. I like to look at everyone that bought since the last bottom (brown) and everyone that bought since the last top (blue). You can see alphatrends for how to properly chart a VWAP handoff but I like to generally feed the ducks like hedgeye above the blue line and add to positions as they break above VWAP consolidations. Keep an eye on the orderbook(s) in conjuction with vwaps and you will get a pretty good idea of when to feed the ducks and when to be a duck, and sometimes when to duck.
This isn't typically used on such short timeframes I don't think but works on any.
If price is above a line, the collective position of buyers since the beginning of the line are in profit. If price is below a line they are at a loss. I like to look at everyone that bought since the last bottom (brown) and everyone that bought since the last top (blue). You can see alphatrends for how to properly chart a VWAP handoff but I like to generally feed the ducks like hedgeye above the blue line and add to positions as they break above VWAP consolidations. Keep an eye on the orderbook(s) in conjuction with vwaps and you will get a pretty good idea of when to feed the ducks and when to be a duck, and sometimes when to duck.
This isn't typically used on such short timeframes I don't think but works on any.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.