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@redratsal, from your experience in trading using the VWAP and looking at charts with the VWAP on on them, could you talk a little about how price interacts with the VWAP line itself in your own words?
I've been taking a look at the VWAP in my own trading and it looks to be pretty powerful.
Vwap and its standard deviations are a nice tool, always the same with any chart therefore pretty much self fulfilling. I use vwap as a driving support and resistance, many times it sets the trend of the day. Vwap alone is worthless if not used with PA and TA and compared with different contexts and time frames. There are some nice threads about vwap, just to name a few:
, as my NT crashed and I had to reinstall it with consequent loss of data. I am integrating to my counter trend Vwap 2SD technique a trend following method, therefore my daily recap is mixed of different strats. As I like to keep the thread transparent find my daily trades net profit. For those new to this thread bear in mind that trades are Sim and the whole thread represents an experiment.