Half Trend to Filter VWAP
Last updated
Last updated
Here, Half Trend is used to validate or reject signals generated by VWAP. Only signals that align with Half Trend’s identification of the current market trend will be accepted.
How It Works:
If Half Trend indicates an uptrend and the price is above the VWAP, long signals are considered valid.
If Half Trend signals a downtrend and the price is below the VWAP, short signals are considered valid.
Use Case:
To improve the reliability of VWAP signals by ensuring they align with the general trend.