Seasoned Prop Trader's Secret Indicator

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  • Опубликовано: 21 дек 2024

Комментарии • 98

  • @mjones5124
    @mjones5124 Месяц назад +10

    THIS video is solid gold. Thank you so much for explaining this excellent indicator so perfectly.

  • @adriannegrean1252
    @adriannegrean1252 Месяц назад +3

    One of the best videos I have seen on this topic! Excited to give it a try!

  • @Alphahydro
    @Alphahydro 29 дней назад +2

    I use VWAP when selling puts, only pulling the trigger substantially below the line

  • @stevens5451
    @stevens5451 Месяц назад +5

    The Default VWAP settings for tradingview look different than what is shown here. What other settings
    have you changed? How did you change the STYLE tab? In a Downtrend do you Anchor the High?

    • @oni5909
      @oni5909 Месяц назад +1

      if you find out lmk

    • @Pakwheelscoltd
      @Pakwheelscoltd Месяц назад

      There is difference between vwap setting and anchored vwap check anchored vwap settings please

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@stevens5451 only thing i changed is what is described in the video

    • @OldManPaxusYT
      @OldManPaxusYT Месяц назад

      di u look at it like a indicator or from the tools on the left?

    • @youngloudandscotty
      @youngloudandscotty Месяц назад +1

      It's not just a vwap, it's an anchored vwap. It's in the drawings toolbar. Anchor the high or close in a downtrend.

  • @ahmeterol1190
    @ahmeterol1190 9 дней назад

    Thanks for the great information. If you carry forward AVWAP to a new bar where the bar has extra high volume or the previous AVWAP touches the bar then you have new levels to hold or break points. Just saying. Cheers.

  • @DougJacobson2
    @DougJacobson2 Месяц назад +1

    been doing a super deep dive on SIP and earnings catalysts - entries after a large move has been challenging. This looks perfect for those who are looking for delayed entries and potentially low risk trades w/ tighter stops than only price action.

  • @terriecagreen2841
    @terriecagreen2841 Месяц назад +3

    How can use this on NQ...should i anchor at 6 pm when the market opens or should i anchor at 830 when need usually come out.... Thanks in advance!!

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@terriecagreen2841 i always look at intraday VWAP which starts at 9:30 or anywhere overnight that i deem relevant - but for the purpose of this video, any meanful catalyst or swing high/low in the market

    • @MrTrippwalker
      @MrTrippwalker Месяц назад +1

      Seems like 8:30 makes more sense with economic reports

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @ agree

  • @stormshadowdomain
    @stormshadowdomain 28 дней назад

    Can this be effective use for commodities like oil or plantinum?

  • @davemartin9442
    @davemartin9442 Месяц назад +2

    Great info, thanks. Do you find that it works in downtrends after catalysts as well? Not sure why it wouldn't.

  • @NấmHoài-j9d
    @NấmHoài-j9d Месяц назад

    Спасибо автору за новую связку. Проверил, все работает.

  • @MMFrommelt
    @MMFrommelt Месяц назад +2

    Do you have experience using it on indices like ES?

    • @garrettdrinon
      @garrettdrinon Месяц назад +1

      @@MMFrommelt yes, i like it for anything that’s in play, trades with a lot of volume and participation

    • @MMFrommelt
      @MMFrommelt Месяц назад +1

      @@garrettdrinon Thanks, man. I bought Bian Shannon's book and will dive deeper into it.

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @ awesome - @alphatrends also does weekly youtube vids that give excellent technical context to current markets

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@MMFrommeltawesome - alphatrends also does weekly youtube vids that give excellent technical context for current markets

  • @Wosho1982
    @Wosho1982 Месяц назад +2

    What if we trade crypto, where would be best place to anchor it?

    • @victorsovetov
      @victorsovetov Месяц назад

      use the Rolling VWAP

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@Wosho1982 it’s up to you… right now i’m anchoring it from the election breakout as shown in the video

  • @Riverplacedad1
    @Riverplacedad1 Месяц назад +2

    It’s been an effective tool even on Low Floats

  • @alphatrends
    @alphatrends Месяц назад +28

    secret? :)

    • @alphatrends
      @alphatrends Месяц назад +7

      thank you for the mention

    • @suntouch3r
      @suntouch3r Месяц назад

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@alphatrendsi can’t possibly not reference you every time i talk about VWAP. In fact, Tech Analysis on Mult TF was one of the first books I ever read when i started trading, learned a ton from you even pre AVWAP - thanks for sharing so much of your knowledge

    • @wyzboy5211
      @wyzboy5211 Месяц назад

      The legend himself, I Wana be like you one day

    • @facundobarras
      @facundobarras Месяц назад

      @@alphatrends Serious question: Why should they mention you instead of Paul Levine? Do you have precedence? I'm genuinely asking, no offense intended or anything.

  • @khalilahwilbourn233
    @khalilahwilbourn233 Месяц назад

    Hello. Where can I find the link for the training and interview that you mentioned in the video?

  • @benv.5170
    @benv.5170 Месяц назад +1

    Can you get this on the Think or Swim platform?

    • @garrettdrinon
      @garrettdrinon Месяц назад +1

      yes, just not as easy to use imo

  • @peterp4753
    @peterp4753 Месяц назад

    I don't have the Drawing Tools icon on my trading view platform

  • @januskafrkik211
    @januskafrkik211 Месяц назад +2

    Great video, thank you! I will test it.

  • @mkabrha4968
    @mkabrha4968 22 дня назад

    I did everything you demonstrated, but i couldn't get the same results. I changed source >> Low and anchoret it on the first candle of the earning day. But it does looks like your chart

  • @vsatrader
    @vsatrader Месяц назад +1

    Paper use vwap for entries, for filling orders for their clients. Vwap is their benchmark

  • @vinceboeding8705
    @vinceboeding8705 Месяц назад +1

    This is awesome information. Much appreciated!

    • @garrettdrinon
      @garrettdrinon Месяц назад

      @@vinceboeding8705 glad you enjoyed!

  • @walking.phoenix
    @walking.phoenix Месяц назад +1

    How can this be used for knowing when to go short?

  • @deonzeelie
    @deonzeelie Месяц назад +1

    Thank you SMB

  • @TheGreeneggsandkam
    @TheGreeneggsandkam Месяц назад

    Are you in afterhour on earning day? Also where can I get the AVOL setting please ib TOS or TV, anyone?

    • @garrettdrinon
      @garrettdrinon Месяц назад +1

      Some people trade afterhours
      I usually don’t
      the answer to the formula is in the video- we share code for these things in Inside Access at Bionic Trader on Tuesdays

  • @jimbobkentucky
    @jimbobkentucky 27 дней назад

    @12:07 That's not Bas Rutten!

  • @econogate
    @econogate Месяц назад +1

    one of the best been using this for years

    • @n7ekg
      @n7ekg 21 день назад

      I have, too. An excellent tool!

  • @ellsworthcorumiii9674
    @ellsworthcorumiii9674 Месяц назад +1

    Is that indicator on TOS?

    • @notdan995
      @notdan995 Месяц назад

      Yes, but it doesn't work with a crap

    • @Riverplacedad1
      @Riverplacedad1 Месяц назад +1

      Yes ..there are scripts for it but it’s not in the Tools section. So the trouble is once you put it down, that script shows up on “all” the charts. Trading View and TC2000 have it in their tools

  • @ouanis-lak
    @ouanis-lak 27 дней назад

    what about the avwap ?

  • @sambirr
    @sambirr Месяц назад +2

    Great content!
    Thank you

  • @BagHolder323
    @BagHolder323 18 дней назад

    Nice guys. Let's get some conversion going and get customers.

  • @HetalShah-s6r
    @HetalShah-s6r Месяц назад +1

    Very informative. Thank you.

  • @cathychats
    @cathychats Месяц назад

    That’s support?

  • @holyearth
    @holyearth Месяц назад

    Ancored???

  • @lettermanstud
    @lettermanstud Месяц назад +1

    amazing work

  • @therealTOTOfan
    @therealTOTOfan Месяц назад +1

    great video garrett, i think its a smart concept to weigh recent events and price action
    and also: where is the stache? its movember :D

  • @sphinxy_phoenix
    @sphinxy_phoenix Месяц назад +1

    Thanks much!

  • @tradeitalldamnit
    @tradeitalldamnit Месяц назад +4

    Shannon's book is the VWAP Bible!

  • @stu302coyote
    @stu302coyote Месяц назад +1

    I'm liking that a lot.

  • @cyhooo
    @cyhooo Месяц назад +2

    i need more

  • @RafaelTurik
    @RafaelTurik Месяц назад

    From what I understand, you even used it in bitcoin? 5 minutes on the chart? But now that the elections are over, what kind of catalysts would you use in bitcoin or ethereum?

  • @lorensaunders6034
    @lorensaunders6034 8 дней назад

    Seems like you guys made this vid in movember

  • @tareqz3152
    @tareqz3152 Месяц назад

    If it’s easy with one indicator? Why all those screens in front of those traders ?

  • @DanEmmons
    @DanEmmons Месяц назад +2

    I love using ⚓ Anchored VWAP from news prints like CPI, PPI, FOMC, and intraday LOD / HODs

  • @tamilmuthu56
    @tamilmuthu56 Месяц назад

    0:02 simply waste dont watch this video

  • @bbbry-e4x
    @bbbry-e4x 11 дней назад

    Только 3 разаа? у кого-то получалось обмануть систему?)

  • @engrxtn
    @engrxtn Месяц назад +2

    Indicators are garbage. Price and volume is all you need

  • @cubbie8330
    @cubbie8330 Месяц назад

    Get rid of the mustache. It makes you look like your 70 years old.

  • @Alr_e4
    @Alr_e4 Месяц назад

    avwap is so old. i trader better than half of these traders i just dont have a way to prvoe it to them without capita. if someone from this company can reach out to me i would like to talk and show them my trades

  • @mkabrha4968
    @mkabrha4968 22 дня назад

    I did everything you demonstrated, but i couldn't get the same results. I changed source >> Low and anchoret it on the first candle of the earning day. But it does looks like your chart