OPEN-SOURCE SCRIPT

Trading Times

This script is based on the 9 and 20 EMA Strategy and combines Fibonacci Levels for added confluence.

When the price retests after breaking the EMAs, we take the trade in the same direction. That is on breakup, we take a long and on a breakdown we take a short.

VWAP can be enabled from settings for more data. institutions use it to average out their trades for both buy and sell orders.
Exponential Moving Average (EMA)Volume Weighted Average Price (VWAP)

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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Disclaimer