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vepak

NonLag MA

vepak Updated   
Volume Weighted Moving Average (VWMA) Support and Resistance Price Volume Trend (PVT)
60
2
vwma supportandresistance pricevolumetrend
Moving average using cos wave function

Watch for Bar that crosses VWAP
Release Notes:
Dynamic Support & Resistance Logic Updated
Release Notes:
Improved Supply and Demand Levels
Release Notes:
Updated Time Frame to lookup
Release Notes:
Supply Demand Level Adjusted to follow recent trend
Release Notes:
Supply Demand Zone based on 1 hour and 2 hour Non Lag Moving Averages

Use this indicator on 1 min timeframe

Intra Day Supply and Demand Zones

Horizontal Lines
Red Line indicates Supply
Green Line Indicates Demand
Release Notes:
User Defined Session Start Hour and Minute to make it generic for all Exchanges/Markets
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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