Day Price Trend
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
- Green Box--Price higher highs
- Gray Box--Price lower highs
- Red Box--Price lower lows
- Yellow Box--Price lower highs
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
הערות שחרור:
Day Price Trend
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
Day trading during a balance day is unfavorable; it's better suited for trending days with imbalance.
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
- Green Box--Price higher highs
- Gray Box--Price lower highs
- Red Box--Price lower lows
- Yellow Box--Price lower highs
Day trading during a balance day is unfavorable; it's better suited for trending days with imbalance.
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
הערות שחרור:
Day Price Trend
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
Day trading during a balance day is unfavorable; it's better suited for trending days with imbalance.
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
this is a price-only indicator applying Dow theory for day trading, with additional of a VWAP line for contextualizing market sentiment.
- Green Box--Price higher highs
- Gray Box--Price lower highs
- Red Box--Price lower lows
- Yellow Box--Price lower highs
Day trading during a balance day is unfavorable; it's better suited for trending days with imbalance.
Go long conservatively when up arrows appear, then exit box occurs; stop under green box
Short when down arrows appear and take profit gray box; stop above red box
הערות שחרור:
corrected break out signals and boxes
הערות שחרור:
minor fix
הערות שחרור:
update with 1m chart
הערות שחרור:
corrected chart
הערות שחרור:
-add table to show the day Volume and Change
הערות שחרור:
-adding asia/london/ny/pm box easier to identify those sessions;
-adding a line to show the rejected high/low
-adding a line to show the rejected high/low
הערות שחרור:
added higher time frame boxes, gain more market context than quarterly of the day (option to pick either)