VPR Grid
Official release of VPR Grid, a mean reverting, trend discovering tool meant to protect capital and find high probability entries.
What this indicator is meant to be used for:
- Mean reverting trades
- Entries or exits for either swing trades or scalps
- Traditional and cryptocurrency markets
- Low and high timeframe setups
- Sentiment checks
Options to configure:
- Optionally use volume in analysis
- Use intraday, daily, weekly, or month calculation + choose how many periods of each
- Moving average length. This is best kept on the lower end for cryptocurrencies, with respect for volatility
- Grid spacing: a purely comestic option that should help with viewing the indicator.
The most important thing to use VPR effectively is to use its settings. The flexibility of VPR Grid is given through its settings. The development that went towards mean reversion and trend discovering means it is a hybrid of fading and trend following tools.
This is a paid premium indicator; please DM me for access. See the images below for examples/explanations on the indicator. Take note of the indicator arguments and which settings were used for a certain timeframe or asset class.
Continuation trend bar:
- Helps identify continuations that you shouldn't fade
- Helps you determine if you should hold onto a trade
Reworked reversal formula and visuals:
- Highlighting for the extreme reversal signals/black bars
Improved utility on stocks!
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact NeoButane directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Disclaimer
Invite-only script
Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact NeoButane directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Sorry if I haven't replied to your message yet, I'm a bit backlogged :)