You can use VWAP for forming bias and or risk management.
I always use this with XARD system. It was part of previous XARD system.
Example : When bias is clear , i.e. price is below all three TF VWAP i increase my risk % after checking PA.
When its between two you can reduce by half. Give it a thought and use it accordingly.
You can do the same with open levels and pivots. ( Daily ,Weekly and Monthly Open levels)
Attachments forums
Re: XARD - Simple Trend Following Trading System
sudhindragk, Sat Jan 22, 2022 7:33 pm