TradingView VWAP Predator

Day traders and scalpers can do wonders with the right tools at hand. And TradingView VWAP Predator is just what you need. If you’re looking for a specialized indicator for active traders, you can’t go wrong with this one.

It focuses on real-time insights and trade management features!

Understanding VWAP

VWAP is a widely used benchmark by investors. It calculates the average price of a security according to its trading volume over a timeframe. VWAP, or Volume Weighted Average Price, creates zones to understand the market sentiment:

1. Bullish Bands: In this zone the buying interest dominates.
2. Bearish Bands: These are zones where selling pressure takes the lead.

Why Use VWAP Predator

TradingView VWAP Predator enhances your trading experience by helping you up your game in more than one way:

1. It supports small trades to help you profit from tiny price movements.
2. VWAP Predator offers built-in trade management guidance.
3. It helps traders manage their positions effectively.
4. TradingView VWAP Predator helps traders enter and exit trades precisely.
5. It can maximize overall trade profit potential.
6. VWAP Predator incorporates risk management tools to help traders limit losses.
7. Traders can set short-term profit targets.

How to Use VWAP Predator Indicator?

Using the TradingView VWAP Predator effectively does not involve much of a learning curve. Even if you’re a newbie trader (but understand indicators), you’ll be using it like a pro in no time.

When you add the VWAP Predator indicator to your TradingView chart, you’ll see that it creates certain “zones” on your chart. The VWAP Predator uses Volume Weighted Average Price (VWAP) to create two essential candlestick patterns:

1. Accumulation Candles: These reflect an increase in buyers (bullish trend).
2. Distribution Candles: These reflect an influx of sellers (bearish trend).

TradingView VWAP Predator also produces signal candles:

1. Long Signals: These occur in the Bullish Bands to indicate a buying opportunity.
2. Short Signals: These occur in Bearish Bands to suggest a time to consider selling.

When a Signal Candle appears, it’s time to act and make a profitable trade, depending on your strategy. If any of this seems a bit overwhelming, you can practice with the VWAP Predator using past data or in a demo trading environment.

When you feel confident enough, you can go for the real deal.

Bottom Line

TradingView VWAP Predator uses Volume Weighted Average Price to create bullish and bearish zones. Traders can modify their strategies by assessing the provided data and coupling it with their risk management techniques. It’s best if you use it in conjunction with your risk management techniques to guarantee success in trading!

$999.00Add to cart

$999.00Add to cart