Long only strategy VWAP with BB and Golden Cross EMA50/200 by SoftKill21
By SoftKill21
Performance Metrics
- Author: SoftKill21
- Symbol: NASDAQ:AMZN
- Timeframe: 1 hour
- Net P&L: +2,902.84 USD (+29.03%)
- Win Rate: 68.9%
- Profit Factor: 1.513
- Max Drawdown: 826.32 USD (6.77%)
- Total Trades: 810
- Sharpe Ratio: 0.035
Description
This is strategy, mainly designed for stock marketsIt makes uses of the EMA 50/ 200 ( Golden cross) and VWAP and Bollinger bands.It only takes long positions. It can be adapted to all time frames, but preferably to be used with longer timeframes 1h +The rules for entry are the next ones :1. EMA50 > EMA 2002. if current close > vwap session value 3. check if price dipped BB lower band for any of last 10 candlesEXIT RULE1. price closes above BB upper STOP LOSS EXIT1. As configured --- default is set to 1%