Vwap mtf Swing Stock Strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: NASDAQ:TSLA
- Timeframe: 1 hour
- Net P&L: +441,410.35 USD (+40,730.39%)
- Win Rate: 47.1%
- Profit Factor: 2.745
- Max Drawdown: 51,625.67 USD (24.69%)
- Total Trades: 378
- Sharpe Ratio: 0.421
Description
This is a trending strategy designed for stock market, especially long trending assets such as TSLA, NIO, AMAZON and so on.Its made of volatility bands and weekly VWAP, in this case daily and weekly.This strategy has been adapted to go long only.Rules for entryFor long , we want to enter close of a candle is above vwap weekly, and at the same time the close of a candle cross-under the lower volatility band.For exit , we want to enter close of a candle is below vwap weekly, and at the same time the close of a candle cross-over the upper volatility band.This strategy does not have a risk management inside, so use it with caution.If you have any questions, let me know !