The Volume Weighted Average Price (VWAP) tells traders the average price for all transactions executed during a trading session, such as the current day, week, month or quarter. Many institutional traders execute based on the VWAP, so it is an important price benchmark to control transaction costs.
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LogikVolumeWand is a dynamic volume / tick / price distribution analysis tool that displays information computed within a user drawn rectangle, combining the usefulness of Volume Point of Control, Volume Delta, and Volume Footprint analysis into one tool. See more in the video demonstration!
This is an excellent indicator in the S/R family. It was made with swing points, the visual concept of Market Profile, and their proprietary algorithm. The final result is a tool that can find outstanding S/R zones. It helps traders traverse the market, much like a radar helps a plane navigate.
This custom BloodHound template is setup for the UniRenko Bar and waits to trigger signals as the market pulls back into the moving averages. The JATS X-RE-X Blackbox BloodHound Template allows you to execute at the specific EMA entry locations after pullbacks.
The Zerolag HATEMA is based on a TEMA that uses Heikin-Ashi candles as input series. This indicator does not depend on the selected input series, as it uses open, high, low and close of each candle.
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This indicator uses the simple idea of momentum reversal and identifies an entry or exit position. It also shows if the market is sideways or trending. Wizard was named after a trader who was nicknamed “The Wizard” for the use he got out of this algo.
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