1- VWAP(pink line) BUY Scenario, VWAP will act as your base, it has to be below price to be a valid buy. SELL Scenario, VWAP will be higher and act as resistance.
2- Support/Resistance lines will give you an idea on where prices might pullback or increase in volume for a breakout.
3- Supertrend(green/red cross) Supertrend will act as your Stop point. Use it as reference together with support/resist lines to set your stoploss/gain
Reminder: Use it at your own risk, an indicator serves to assist you on taking a trade, always look for confimation before trading.
V4 comes with colored candles for better view comes with blue arrow signals EMA 50 included now
check my other indicators too:
check my other indicators too: Mesatto Action (for auto trendlines) Uploaded enxt MFI CCI OBV MACD Sentiment indicator: tradingview.com/script/wLav1dll/
You could adjust supertrend to be closer to price action.
change Pd=7 to Pd=22
check photo below