This indicator automatically plots the chosen timeframe's high, low, mid point and open. These levels on higher timeframes act as support and resistance levels on lower timeframes, helping find entries, stoploss and profit targets.
Most common timeframes to choose are Daily, 1W, 1M, and 3M. Other timeframes that are good include, 2D, 2W and 2M.
For example, you...
This is a strategy designed for swing trading on markets such as crypto and stocks.
Its components are:
Rules for entry:
We entry only on Monday, if our close of the candle crossed above VWAP
Rules for exit
We exit always on Sunday or if we either hit the TP/SL levels.
If you have any questions let me know