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BirdViewTrading
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      • Waves
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  1. BirdViewTrading Indicators
  2. BirdViewTrading B

Waves

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Last updated 3 years ago

BirdViewTrading B is a momentum wave based on the money flow and the VWAP. The indicator shows a perfect vision of the moving of money in a certain market.

MoneyFlow: The Green/Red waves represent the money flow in the market. We are looking for the wave to flow in the direction of the trade. So, if the money flow is turning into the green area, we are looking for buy signals, when the money flow is turning into the red are, we are looking for sell signals.

VWAP: The VWAP momentum wave is an adjusted wave made of the original VWAP. The best way to use the VWAP is to buy/long when the VWAP is crossing up over the zero line, and sell/short when the VWAP is crossing down under the zero line

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