VWMV Daily +/-2 SD (black arrows). Weekly +/- 1-3 SD (black, red, green, yellow horizontals) with buy and sell zones (red/green). Monthly +/-2 SD range (light yellow field).
VWMV Daily +/-2 SD (black arrows). Weekly +/- 1-3 SD (black, red, green, yellow horizontals) with buy and sell zones (red/green). Monthly +/-2 SD range (light yellow field).
VWMV with weekly +/- 1-3 SD (reds & greens) and daily +/- 1-2 SD (blue).
VWMV with weekly +/- 1-2 SD. Projected daily 2 SD expected range. Prior month calculated range.
VWMV weekly with +/- 1-3SD. Includes monthly +/-2SD (prior month data) and daily +/-2SD projection utilizing a 2-day Volume Weight and 8 period SD calc.
I utilize the weekly data to calculate the Volume Weighted high, and the Volume Weighted low. Then I use these figures independently to calculate the standard deviations. I'm experimenting with this method and theorizing it has multiple facets of usefulness. Of course identifying support and resistance areas is a benefit, but also seeing the variation in the SD's...