VWAP Trend Momentum — Strategy by ArtilleryTrades
By ArtilleryTrades
Performance Metrics
- Author: ArtilleryTrades
- Symbol: CME_MINI:MNQ1!
- Timeframe: 5 minutes
- Win Rate: 53.9%
- Profit Factor: 1.032
Description
VWAP Trend Momentum — a trend-following strategy that trades in the directionof the daily VWAP and EMA trend, entering on shallow pullbacks toward VWAP.How it works:• Daily VWAP resets each session and sets the directional bias.• An EMA slope confirms trend direction.• Entry: price pulls back near VWAP, then resumes in the trend direction (closing beyond the prior bar).• Risk: stop-loss and take-profit are ATR multiples; an ATR trailing stop and trend-colored candles add context; a max-trades/day cap limits activity.Inputs let you adjust the EMA length, slope lookback, pullback distance, ATRstop/target multiples, long-only vs. both directions, and the daily trade cap.Visuals: VWAP, EMA ribbon, trailing stop, pullback zone, optional forecastboxes projecting SL/TP, and a compact status dashboard.Credit: the ATR trailing-stop ("Trail") is based on the open-source UT Bottrailing stop (originally by HPotter / "UT Bot Alerts"), combined here withoriginal VWAP/EMA trend and pullback-entry logic.Not financial advice. Backtested or past performance does not guarantee futureresults. Test thoroughly and use your own risk management.