Volume weighted average price band strategy [Kevin-Patrick] by Kevin-Patrick
By Kevin-Patrick
Performance Metrics
- Author: Kevin-Patrick
- Symbol: NYSE:OSCR
- Timeframe: 4 hours
- Net P&L: −142,675.32 USD (−14.40%)
- Win Rate: 0.0%
- Profit Factor: 0
- Max Drawdown: 464,138.12 USD (46.41%)
- Total Trades: 3
Description
VWAP Bands strategy, Credit [cryptosea]VWAP Machine Learning Bands is an advanced indicator designed to enhance trading analysis by integrating VWAP with a machine learning-inspired adaptive smoothing approach. This tool helps traders identify trend-based support and resistance zones, predict potential price movements, and generate dynamic trade signals.Key FeaturesAdaptive ML VWAP Calculation: Uses a dynamically adjusted SMA-based VWAP model with volatility sensitivity for improved trend analysis.Forecasting Mechanism: The 'Forecast' parameter shifts the ML output forward, providing predictive insights into potential price movements.Volatility-Based Band Adjustments: The 'Sigma' parameter fine-tunes the impact of volatility on ML smoothing, adapting to market conditions.Multi-Tier Standard Deviation Bands: Includes two levels of bands to define potential breakout or mean-reversion zones.Dynamic Trend-Based Colouring: The VWAP and ML lines change colour based on their relative positions, visually indicating bullish and bearish conditions.Custom Signal Detection Modes: Allows traders to choose between signals from Band 1, Band 2, or both, for more tailored trade setups.+ Strategy setting by Kevin-Patrick