VWAP Retest + EMA9 Cross + Candle Pattern V2 — Strategy by lindittl

By lindittl

Performance Metrics

Description

📈 VWAP Retest + EMA9 Cross + Candle Pattern Strategy_V2Setup: This intraday momentum strategy combines 3 core elements: • VWAP Retest: Price retests VWAP within a small buffer zone • EMA9 Crossover: EMA9 crosses above VWAP within the last 3 bars • Bullish Candle Pattern: At least one bullish signal — Hammer, Engulfing, or Momentum candleA trade is triggered only during the US morning session (9:30–12:30 EST) and only if price is above yesterday’s high, suggesting strong momentum.⚙️ Strategy Settings • Initial Capital: $100,000 • Position Sizing: 10% of equity per trade • Commission: 0.03% per trade • Slippage: 1 tick • Take Profit: +3% from entry • Stop Loss: 0.5% below VWAP at entry • Forced Exit: 1:00 PM EST📊 Strategy Logic • VWAP Retest Filter ensures entry is near a value zone. • EMA9 Cross Confirmation aligns short-term momentum with volume-weighted price. • Bullish Candle Patterns provide price action confirmation: ○ ✅ Hammer ○ ✅ Bullish Engulfing ○ ✅ Large momentum body • Above Yesterday’s High (YH) acts as a bullish bias filter.🧪 Backtest Results (Jan 2023 – Oct 2025) • Total Trades: 120 • Win Rate: 52.5% • Profit Factor: 1.18 • Max Drawdown: 1.22% • Net P&L: +$1,064 (+1.06%)Due to chart data limits, only part of the period may be visible on publication charts.🔍 Chart VisualsThis strategy plots: • VWAP (white) and EMA9 (orange) • Candle pattern markers: ○ “H” = Hammer ○ “BE” = Bullish Engulfing ○ “M” = Momentum Candle • “SETUP” label when all conditions are met • YH/YL labels for context — previous day’s high/low💡 Use CaseThis setup is designed for intraday momentum scalping, ideal for traders who: • Trade morning breakouts • Use VWAP as a dynamic support/resistance • Want clear, rule-based entries based on both trend and price actionEducational and research use - not financial advice.

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