Z-Distance from VWAP Indicator

AGD

AGD

New member
Do anyone knows or worked on this kind of indicator?
He talks about it here.
 
V

VicD

Member
Here is an indicator on that I coded with some help. It looks like LazyBear indicator on Trading View but for TOS. https://tos.mx/lAOyZEx Zscore of Distance from VWAP indicator. And like the one you are looking in the video.
 
V

VicD

Member
You need to learn to google man. From this: http://traders.com/Documentation/FEEDbk_docs/2019/05/TradersTips.html

There is the script for the reversion strategy. (strategy can do auto trading, you need to watch what your settings are)

"We have put together a strategy for thinkorswim based on Anthony Garner’s article “Backtesting A Mean-Reversion Strategy In Python.” The strategy is built using our proprietary scripting language, thinkscript, as opposed to Python. To ease the loading process, simply click on https://tos.mx/rIy6Qv or enter the address into a web browser and then click open shared item from within thinkorswim. Choose view thinkscript and name it “SimpleMeanReversion.” This can then be added to your chart."
 

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