Updated with a few helping lines I use on a daily basis.
+3 VS = +3 VWAP STDEV
-3 VS = -3 VWAP STDEV
HPOC = historic point of control
PDL = previous day low
PDW = previous week low
Session = previous trading session (Asia, EU, US) low
During long term short trends, PDL/PDW/Session would show highs instead of lows. The bottom indicator provides trend information for 2 days (1min chart), 2 weeks (5min chart) and 1.5mo (15min chart).
+3 VS = +3 VWAP STDEV
-3 VS = -3 VWAP STDEV
HPOC = historic point of control
PDL = previous day low
PDW = previous week low
Session = previous trading session (Asia, EU, US) low
During long term short trends, PDL/PDW/Session would show highs instead of lows. The bottom indicator provides trend information for 2 days (1min chart), 2 weeks (5min chart) and 1.5mo (15min chart).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.