JARVIS is a technical indicator primarily designed for Nifty Bank. But, it also works on other instruments like stocks for example. You may apply it on other instruments if you find it useful.
Once the indicator is plotted, it will have bars with 3 colours
1) Blue - It's watching
2) Green - It's bullish
3) Red - It's bearish
So, it's that easy to interpret....
VWAP is a powerful concept.
It denotes the fair price that is traded in the market.
In other words, it represents a variance of POINT OF CONTROL (POC) which is a Market Profile / Volume Profile Concept.
It is a leading indicator as it is dependent on the price and volume .
Usually VWAP is used for intraday trades and Trading view as an in built indicator...
This indicator identifies Inside Bar.
Inside Bar is an indecisive setup where traders are not sure of the direction which is reflected in the bar range which is usually narrower.
The day following Inside Bar usually would be a decisive bar with wide range.
This decisive bar can be exploited if traded with discipline.
The steps to follow are :
At EOD :