[astropark] Rolling VWAP V2 [strategy]

2 Jul 2021

Dear Followers,

today I'm glad to present you yet another awesome Analysis Tool and Strategy, that you may like to use in your trading journey: Rolling VWAP V2!

This is an upgraded version of my "Progressive VWAP" analysis tool (progressive and rolling are synonymous for me), its description describes quite well what a progressive/rolling vwap is and why they are important to watch:

This indicator can print automatically for you many important Rolling VWAPs:

• Daily (D)
  
• 2 days (2D)
  
• 3 days (3D)
  
• 4 days (5D)
  
• Weekly (W)
  
• 2 weeks (2W)
  
• Monthly (M)
  
• Quarterly (Q)
  
• Yearly (Y)
  

As an indicator it will let you:

• enable/disable each rolling vwap, change its color and line style and thickness
  
• enable/disable labels and/or price on labels, as well as change their size
  
  • 
    
    As a strategy it will let you:
    
    • enable/disable buy/sell signals
      
    • choose which strategy to use (all based on rolling vwaps of course)
      
    • choose a starting date & time from which to start backtesting
      
    • enable/disable individually long and short setups in the backtesting
      
      • 
        
        You should choose low timeframe rolling vwap strategy if you are on a low timeframe, while higher timeframe rolling vwaps are good on medium-high timeframes.
        For example D-2D-3D rolling vwap strategies are good at 1h or below, the others on higher timeframes. Backtesting results will help you in understanting this point quite easily.
        
        This indicator works on every timeframe, market and pair. By the way it must be said that, as a bot strategy it has been tested and designed mostly for Bitcoin trading and it works best on 1h or above.
        As I always say, all tools are great if you use them correctly: this is not the "Holy Grail", so always use proper money and risk management strategies.
        
        
        This is a premium indicator, so send me a private message in order to get access to this script.