Entry / exit condition: distance from VWAP
under consideration
r
rusty.moorman@optionomega.com
under consideration
@
@wizzy
Also, [x] standard deviations away (SDs are a 'standard' feature with VWAP displays
Enter trade only if:
spot [>/<] [VWAP] [+/-] offset [x][%, $, SD]
This would allow entry of a trade only if price is below the 1 standard deviation above i.e. a little up/down is OK, but if market is truly zooming we don't want to enter a DC just yet
B
Bryn
Yeah I agree VWAP would be possibly even more useful than EMAs. +/- 1, 2, etc deviations as well as daily and weekly VWAP, or custom number of days VWAP (rolling 5 day, rolling 21 day etc.)