MVWAP Scalper Prototype [NeoButane]

16 בספט׳ 2018

This is a tool that is best utilized on timeframes under 30 minutes.

Besides the MVWAP, the horizontal levels provide support/resistance and shows a 'magnet' to where price might go again.

11 באוק׳ 2018

הערות שחרור

Prototype with entirely new formula. What's different is the initial calculations of VWAP before it's used in final calculation.

17 באוק׳ 2018

הערות שחרור

- Re-added volume concentration zones, utilizes different method to find zones

- Revamped MVWAP formula to include a modified McGinley for the EMA to weigh a little heavier when going down but still be able to handle pumps

- Added new lines based on 1% liquidation prices that should reset every 3 days, with price being an average of highs/lows and part of VFAP itself. The biggest worry was repainting after seeing how it moves to so close to price when it resets, but it doesn't look like it's repainting heavily and bar replay shows heavy changes only after big moves. I still won't be including it in the final release because it's way too convoluted + takes too long to test + niche

21 בדצמ׳ 2018

הערות שחרור

- Dynamic weighting based on running volume to capture both periods of low and high volatility accurately

21 בדצמ׳ 2018

הערות שחרור

New smoothing method used with a toggle for a regular MVWAP

24 בדצמ׳ 2018

הערות שחרור

- Added toggle for color change.
- Minor changes to formula. 15/D/Smooth, 10/720/Smooth, or 15/D/No Smooth are the current preferred settings