Dear Trendo users,
We are pleased to announce that the new version of the Trendo trading platform (v4.3.85) is now available.
This update not only resolves several issues from previous versions but also focuses on enhancing technical analysis tools and improving the accuracy of the cryptocurrency withdrawal process.
In the latest platform update, the VWAP Bands (Volume Weighted Average Price Bands) tool has been added to Trendo’s suite of analytical tools.
VWAP Bands is an advanced version of the standard VWAP indicator. In addition to the main weighted average price line, it draws upper and lower bands based on the standard deviation from the VWAP value.
These bands represent the natural price fluctuation range relative to the market’s volume-weighted average, helping traders more precisely identify Overbought and Oversold levels.
Unlike a simple Moving Average (MA), VWAP also considers trade volume in its calculations, providing a more accurate reflection of actual market behavior.
The VWAP Bands tool is highly effective for identifying key buy and sell points and determining trend direction:
When the price approaches the upper band, it indicates potential overbought conditions and a possible bearish reversal.
When the price approaches the lower band, it suggests potential bullish reversal opportunities.
Price movement above or below the middle VWAP line often signals the continuation of a stable market trend.
For this reason, VWAP is often referred to as the market equilibrium line, making it a valuable reference for informed trading decisions.
This tool is particularly useful in day trading and scalping strategies, as it establishes a direct correlation between price, volume, and market volatility.
Go to the Chart section.
Tap the technical tools icon at the bottom of the chart.
From the TREND LINES menu, select VWAP.
Once activated, the VWAP Bands will automatically appear on your chart and dynamically adjust based on changes in price and volume.
You can use VWAP Bands to assess trend strength, identify potential reversals, and determine optimal entry and exit points.
From now on, users must review and confirm their withdrawal information after submitting a withdrawal request.
In this update, additional details are displayed to ensure secure and accurate crypto withdrawals, including:
Any bonus deductions applied to the withdrawal amount
The selected withdrawal network (Network)
After verifying all details, as before, users will need to enter the verification code sent to their email to complete the withdrawal process.
For more information, please read the article “How to withdraw funds from your Trendo trading account?” in the Trendo Knowledge Base.
To take advantage of the latest features, please update your tradinghttps://youtube.com/shorts/WfYxDKvSVz8 platform using the following links:
If you have any questions or need further assistance, the Trendo Support Team is available 24/7 to help you.