This indicator uses a combination of the VWAP, EMA 9 and parts of the MACD in order to detect a bullish or bearish trend.
How to trade it:
Important:
Best traded in 15M, 30M => Intraday.
Have fun! :)
How to trade it:
- Set SL either below or above the VWAP line (orange) and TP to 1:1.5 ratio (depending on last few candles, of course).
- If EMA200 is close by then place SL either below or above EMA200 (blue) and TP to 1:1.5 ratio
Important:
Best traded in 15M, 30M => Intraday.
Have fun! :)