VPR Grid

█ OVERVIEW

Official release of VPR Grid, a mean reverting, trend discovering tool meant to protect capital and find high probability entries.

What this indicator is meant to be used for:

• Mean reverting trades
  
• Entries or exits for either swing trades or scalps
  
• Traditional and cryptocurrency markets
  
• Low and high timeframe setups
  
• Sentiment checks
  

Options to configure:

• Optionally use volume in analysis
  
• Use intraday, daily, weekly, or month calculation + choose how many periods of each
  
• Moving average length. This is best kept on the lower end for cryptocurrencies, with respect for volatility
  
• Grid spacing: a purely comestic option that should help with viewing the indicator.
  

The most important thing to use VPR effectively is to use its settings. The flexibility of VPR Grid is given through its settings. The development that went towards mean reversion and trend discovering means it is a hybrid of fading and trend following tools.

This is a paid premium indicator; please DM me for access. See the images below for examples/explanations on the indicator. Take note of the indicator arguments and which settings were used for a certain timeframe or asset class.

Release Notes:

NEW FUNCTIONS

Continuation trend bar:
- Helps identify continuations that you shouldn't fade
- Helps you determine if you should hold onto a trade

Reworked reversal formula and visuals:
- Highlighting for the extreme reversal signals/black bars

Improved utility on stocks!