This strategy combines VWAP and BB indicators
BUY RULE
1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles
EXIT RULE
1. price closes above BB upper band
STOP LOSS EXIT
1. As configured --- default is set to 5%
warning: for the use of educational purposes only
BUY RULE
1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles
EXIT RULE
1. price closes above BB upper band
STOP LOSS EXIT
1. As configured --- default is set to 5%
warning: for the use of educational purposes only
Release Notes:
1. I have added another parameter BB %B. That means you can use BB or BB %B option to calculate the logic to buy signal.
2. In case of BB %B ---- BUY signal will occur when cross down below and price closing up on vwap
Note: strategy doesnt add the BB %B indicator to the chart. You need to add it manually
3. Added 200 ema to the chart --- just to see whether trend is up or not
4. I have also changed fast ema and slow ema values to 13 and 55 respectively. These settings are better performing than 50 and 200 emas.
2. In case of BB %B ---- BUY signal will occur when cross down below and price closing up on vwap
Note: strategy doesnt add the BB %B indicator to the chart. You need to add it manually
3. Added 200 ema to the chart --- just to see whether trend is up or not
4. I have also changed fast ema and slow ema values to 13 and 55 respectively. These settings are better performing than 50 and 200 emas.