Wick Hunter VWAP Script to be used to show entries above and below VWAP . VWAP based on Binance Futures VWAP with Period 14.
User selectable inputs to plot percentages above and below current VWAP line. Changing timeframe and period of script will adjust the VWAP. Adjusting the VWAP Percentages will allow you to take more or less counter trades. Percentage Above VWAP = Short Entry Percentage Below VWAP = Long Entry.
Alerts are triggered based on candle wicks above or below the VWAP - please use ONCE PER BAR for alerts. Feel free to Favorite this script and apply it to your charts!
Happy Trading.
Release Notes
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Updated name convention and default values.
Release Notes
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Added check for candle below VWAP to improve usage on lower timeframe charts (1minute)