Jump to content

Which is the best(as per your experience)trend showing indicator for NT?


mtpf

Recommended Posts

Gives you no info in rotational day, its gonna be flat or increase/decrease slightly. Additionally, its very slow to react to the price. Take yesterday CL action, the price felt 66 ticks from the high of the day, but the Vwap still was moving slightly up. Not useful at all. The only way to use Vwap is to fade the moves towards it, if the area price of Vwap consist of another support/resistance.

 

rising/falling VWAP
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...