Rolling VWAP - Vhunt Scalper bot — Indicator by crypto_kai

movingaverage vwma scalping vwapbands cryptocurrency

ADAUSDT.P
Modified VWAP to use scalping in lower timeframe.
Use 1minute TF for best results but can also use up to 30min.
This indicator is made for crypto but may also work for other assets.
The bands serve as support and resistance and used for opening quick profit position if conditions below are met:

Indicators:
Blue - modified rolling vwap
Orange - Band1
Green - Band2

Opening position Conditions:
Long:

Band2 < Band1
Price < Band2

Short:

Band2 > Band1
Price > Band2

Release Notes:

Updated Band 1 type to float for more accurate value.

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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