OPEN-SOURCE SCRIPT

Corrected VWAP Strategy

The "Corrected VWAP and Stochastic Strategy" is a powerful trading indicator that combines key market dynamics to enhance decision-making in intraday and swing trading. This tool integrates the following:

VWAP (Volume Weighted Average Price):

Tracks the average price level weighted by volume.
Includes standard deviation bands to identify overbought and oversold conditions.
Stochastic Oscillator:

Provides momentum signals with %K and %D lines.
Highlights potential trend reversals using stochastic crossovers.
ATR (Average True Range) Trailing Stop Loss:

Dynamically calculates long and short trailing stops.
Offers risk management through adaptive stop-loss levels based on market volatility.
Buy and Sell Signals:

Generates real-time alerts for bullish and bearish conditions.
Signals are based on stochastic crossovers combined with VWAP positioning.
Whether you're a day trader looking for quick entries or a swing trader focused on trend-following strategies, this indicator offers actionable insights into market conditions. It's especially effective in high-volume assets where VWAP and momentum oscillators shine.

Key Features:
Dynamic VWAP Bands: Helps identify key price levels and deviations.
Momentum Analysis: Leverages stochastic oscillator for directional bias.
Risk Management: ATR-based trailing stops for disciplined exits.
Visual Alerts: Intuitive buy and sell signals plotted directly on the chart.
Customizable Inputs: Tailor parameters like VWAP length, stochastic periods, and ATR multipliers to suit your trading style.
OscillatorsTrend Analysis

Script open-source

Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.

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