Super Trend to Filter VWAP
Last updated
Last updated
This filter uses the Super Trend to filter signals generated by the VWAP indicator. The idea is to trade in the direction of the trend while ensuring that the price is above or below the VWAP.
How It Works:
If Super Trend indicates a bullish trend and VWAP is above the price, buy signals are executed. Conversely, if Super Trend is bearish and VWAP is below the price, sell signals are executed.
Use Case:
To validate buy/sell signals generated by VWAP by ensuring they align with the overall market trend.