Bitcoin VWAP

Updated
🎉 Hello Community! 🎉

❗️Check out my favourite tool which I use for intraday and swing trading VWAP! ❗️

VWAP Descriptions

VWAP or Volume Weighted Average Price allows us to use a moving average enriched with volume information. VWAP is based on a Gaussian curve of normal distribution, where it is proven that 68% of all trades are in the area of ​​the first standard deviation. In our case it is VAH and VAL. The largest volume of trades is at Point of Control. Our visualization can also show the second standard deviation, where 95% of all trades between VAL2 and VAH2 occurred. The VWAP therefore consists of five developing levels and five levels of the previous session. VWAP visualization can be displayed on any time frame, both for intraday trading and for invest. VWAP allows us to display and predict the probability of trend movement, key levels or predict the transition of the market to rotation.

Curently Developing Profile
The currently Developing profile is the current value of all VWAP levels, which changes over time according to trading volumes and price movements. When the price moves to deviations, a bounce from the deviation level and a return to Fair Value (POC) on a non-trend day can be expected with a certain probability. On a trend day, on the other hand, we can expect price movements outside deviations and bounces from deviations towards the trend. The main idea of ​​the deveping profile is that the price can never stay outside the fair price for a long time and returning to the fair price is only a matter of time.

Point of Control and standard deviations from the previous trading period
The main difference between historical and active emerging is that historical levels remain at the same price levels throughout the current session, and therefore these levels can be taken as S / R levels. These historical levels are very important and key areas for the upcoming trading session. They can often indicate us which direction the market will go or which type of trading session we can expect, whether trend or rotation.

More descriptions about my trading.

🎉Every day I publish my intraday analysis and key daily, weekly levels based on the MarketProfile method.
For the indicator that shows you my levels directly in your chart, write me in a comment.

❗️Now I'll show you how I trade Long/Short levels and how you can trade them with me.

📲In the chart you can see Long / Short levels into which I enter directly through the limit and then I control them based on the volume . If the market does not respect the level and starts to form a volume in the negative zone, I try to end the position at the breakeven point or stoploss. I set the Profit Target according to RRR or according to key levels and S / R zones. These levels can also be traded from the other side, support becomes resistance and vice versa.

Key levels are usually traded by waiting for confirmation or some setup on a smaller TF. These are very strong levels at which turnovers often occur, so they consider them to be very successful and the advantage is that they are based on the Market Profile method, so they can trade in any market.

❗️First of all, when I have the level ready, I have to set a Stoploss.

Stoploss is determined by several criteria. First of all, it must not be too far away and also it must not be in an area that serves as a magnet such as POC , Key Levels or a stoploss zone, where the market will run out of liquidity.

Summary:
Stoploss determined by.
✅1. Pivot High / Low
✅2. Logical zone according to VolumeProfile
✅3. Low Volume Node and High Volume Node
✅4. Outside of key levels

Hope It helps!
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Orderflow chart

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Monthly VWAP

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Yearly VWAP

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