London Stock Exchange (LSE) VWAP Concept

[velenta]

Hello,

Can this be created for TOS? @samer800 @useThinkScript

VLSE (Volume Ladder Statistical Extremes) and their role in trading, specifically in relation to VWAP (Volume Weighted Average Price) and the London Stock Exchange (LSE) session. Here’s a breakdown of what it means:

1.VLSE-left (Static):

•This is defined as the intersection of the LSE VWAP at the Regular Trading Hours (RTH) open.•Since it’s based on a fixed event (the market open), it does not change throughout the trading session.

2.VLSE-right (Dynamic)

•This is the VWAP of the LSE session, computed until the LSE close.•Since it updates continuously during the LSE session, it is dynamic and can change as new data comes in.

Implications for Trading:

•VLSE-left acts as a reference point: Since it’s static, traders can use it as a key level for potential support or resistance.
•VLSE-right evolves with market activity: It provides a rolling benchmark of fair value during the LSE session.
•VWAP and Sigma Levels: These likely interact with VLSE zones to indicate high-probability trade areas.
The chart in the tweet shows how price interacts with these levels, with arrows highlighting points of interest where VLSE and VWAP converge, potentially signaling trade opportunities.

Appreciate the help,
V

 

[halcyonguy]

Hello,

Can this be created for TOS? @samer800 @useThinkScript

VLSE (Volume Ladder Statistical Extremes) and their role in trading, specifically in relation to VWAP (Volume Weighted Average Price) and the London Stock Exchange (LSE) session. Here’s a breakdown of what it means:

1.VLSE-left (Static):

•This is defined as the intersection of the LSE VWAP at the Regular Trading Hours (RTH) open.•Since it’s based on a fixed event (the market open), it does not change throughout the trading session.

2.VLSE-right (Dynamic)

•This is the VWAP of the LSE session, computed until the LSE close.•Since it updates continuously during the LSE session, it is dynamic and can change as new data comes in.

Implications for Trading:

•VLSE-left acts as a reference point: Since it’s static, traders can use it as a key level for potential support or resistance.
•VLSE-right evolves with market activity: It provides a rolling benchmark of fair value during the LSE session.
•VWAP and Sigma Levels: These likely interact with VLSE zones to indicate high-probability trade areas.
The chart in the tweet shows how price interacts with these levels, with arrows highlighting points of interest where VLSE and VWAP converge, potentially signaling trade opportunities.

Appreciate the help,
V

i have no idea what you are talking about. if you want people to impliment LSE , provide a link that explains what it is.
no idea what left and right is supposed to mean. right side of the chart you want to see something?
edit your post and add links to studies and theory.