Sometimes appears that price and therefore traders are reacting to the daily exponential VWAP (yellow and black banded line) as opposed to the regular daily VWAP (green line). Actually it is Volume Weighted Exponential Moving Average so perhaps it should be VWEAP. jayy
This video demonstates how to use the Weis zig zag vol script.
This is a thought experiment using my interpretation of Michael Oliver's momentum structural analysis (MSA). The 9 month (3/4 year) moving average/ 3 month momentum MSA went bearish in March. In contrast, the 36 month ma / 12 month momentum MSA has not yet triggered bearish. The March bear candle, which broke below the bearish February outside candle, touched the...
The anchored VWAP (MIDAS) from the January 31, 2017 buyable gap up provided support again for Apple 4.18% . Apple 4.18% is back above its rising 200 day MAs (thin red curves are 200 ema and 200 sma - see below). Price is below most of the shorter term MAs which are now declining (a few quality EMAs are shown below).
Third buy signal issued on Godaddy. first one was a bust. Second was good. Will wait to see how this one pans out. blue is buy. Red is sell. Wave is 25 cent Weis Wave on the daily chart.
This is my first attempt to publish so nothing dramatic just a system test. Attached is the 2 dollar WEIS WAVE on the 1 day price chart. Actual wave volume is 1 million times the actual value. Also immediately below the price chart is the 2 dollar WEIS VOLUME chart . The lowest of the two volume charts is the 1 dollar wave of the APPL daily chart. ...