INVITE-ONLY SCRIPT

Traders edge indicator1

6
Trend Confirmation: The primary trend is determined by the alignment of the long-term EMAs (e.g., 100 and 200). The trade direction should align with this overall trend.

Entry/Exit Signals: Shorter EMAs (e.g., 9 or 20) are used for high-probability entry points. Pullbacks to these faster EMAs within the context of a strong trend are common entry signals.

Dynamic Support and Resistance: The various EMAs and the VWAP line often act as magnetic levels where price tends to pause, reverse, or consolidate.

VWAP as Mean Reversion Target: In a volatile market, if the price moves significantly away from the VWAP, it may be considered "overextended," and a mean-reversion move back towards the VWAP is often anticipated.

כתב ויתור

המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.