xard777 wrote: ↑
Sun Aug 09, 2020 12:04 am
New XARD UNIVERSE VWAP setup *** FIXED VERSION***
Here is the latest setup for your perusal. I have included full source files.
Feel free to post any improvements to the setup.
I have 2 screenshot below
1. TF 15M with VWAP weekly and on the 2. the VWAP daily can be seen.
I still haven't understood how I can make the connection between weekly and daily for the entry and exit.
I would like to ask you to show some screenshots with examples.
Pictures say more than 1000 words
On the 1st Friday of each month for the NFP I would switch from Dow Index to Russell Index
Re The VWAP Weekly/Daily
Your trying to get a picture in your mind of the movement i.e. coming off say a white arrow low around the start of the week and continuing the upward move throughout the week so in Friday we would probably like to see that continuation (depending on the number coming out on NFP)
As the US markets opened we saw that continuation on the weekly VWAP (H1 chart) and the daily VWAP (15min chart) providing an excellent buying opportunity when the price was below the VWAP (was also a second red DOT strategy on the 15min - who knew).
All you need to do is to follow the H1 chart (weekly VWAP movement) and drill down to the 15 min chart (daily movement) to get in on the action. Just watch for a week or two on several instruments like Dow, Russell, and Gold till you get a feel of what's playing out live.