This seems really interesting/powerful used in conjunction with MACD/Derivative Oscillator as well as your WT_LB indicator. Could you talk a bit here about how you use it? It seems in backtesting that it gives a good leading indicator of possible MACD crosses.
(am newb, thanks much)
Special_Grant
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How do I add this to thinkorswim? Copy/paste isn't working. Thanks!
Great !...The big boys come in when price deviates 4% from VWAP ....fyi ;)
LazyBear
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Nice..thanks for the info :)
Number-Nine
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It doesnt seem to work for currencies and indexes... any idea ?
stuehmer
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@AhhBoii, they don't have volume. Look at futures instead
TradeAutomation
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Hey, curious if there was a reason you used "close" as the source instead of "vwap" when calculating the vwap deviation? (Genuine question - I am learning a lot from these open source scripts). Thanks!
af.purwandono
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Hi, this is a very good indicator.
I have scanned around 3 years data manually, and it is doing great.
I wanted to tweak a little of your great code, to just be able to show the difference between the last and yesterday value of ZVWAP
so that I could tell the slope of the line from bar to bar.
since I am newbie in coding.
I tried to input --> plot calc_zvmap[1]..... but it is not working.
and tried others but still no clue (tried also read the manual).
(am newb, thanks much)