It depends on the volatility and/or if you wanted the trend to put inside the VWAP channelETFOptionsTrader wrote: Tue Jun 16, 2020 12:58 pm For the pictures, why did you choose values of 1.28, 2.58, and 1.65 respectively? Trying to figure out when I should adjust these myself.
...and more importantly, the statistical z-scores and your knowledge of market/volume profile help with regards to 70% value area with its value area high & low.
With statistical z-scores, use the M5 or M1 data
