Auto S/R Zones + EMA + VWAP Strategy by murali_kolipaka1306
By murali_kolipaka1306
Performance Metrics
- Author: murali_kolipaka1306
- Symbol: NASDAQ:MSTR
- Timeframe: 5 minutes
- Net P&L: −4.50 USD (0.00%)
- Win Rate: 38.2%
- Profit Factor: 0.924
- Max Drawdown: 25.03 USD (0.03%)
- Total Trades: 89
Description
Strategy OverviewThis strategy combines Auto Support & Resistance Zones, Exponential Moving Average (EMA), and VWAP to identify high-probability trade setups using market structure, trend direction, and institutional price levels.The goal is to trade only when price aligns with key zones, trend bias, and volume-weighted price, reducing false signals and emotional decision-making.Indicators UsedAuto Support & Resistance Zones – Identifies key institutional price zones automaticallyEMA – Determines trend direction and momentumVWAP – Confirms institutional bias and fair valueMarket Bias RulesBullish BiasPrice is above the EMAPrice is above VWAPBearish BiasPrice is below the EMAPrice is below VWAPTrades are taken only in the direction of the confirmed bias.Release NotesAuto S/R Zones + EMA + VWAP StrategyAuto S/R Zones + EMA + VWAP Strategy is a complete intraday trading system designed to identify high-probability entries using automatic support & resistance zones, trend confirmation, and institutional price levels.This script combines price structure, trend direction, and volume-weighted value into one rules-based strategy suitable for scalping, day trading, and momentum trades.🔹 Key Features🔸 Automatic Support & Resistance ZonesDynamically detects intraday support and resistance zonesZones adapt to market structure instead of fixed horizontal linesHighlights supply and demand areas where price reactions are most likely🔸 EMA Trend FilterUses fast and slow Exponential Moving Averages (EMA)Helps identify bullish, bearish, and ranging conditionsPrevents counter-trend trades🔸 VWAP ConfirmationIncorporates VWAP as a key institutional referenceConfirms trade bias above/below VWAPImproves trade quality and filters false breakouts🔸 Breakout & Rejection LogicBuy signals on support zone bounce or resistance breakoutSell signals on resistance rejection or support breakdownOptional confirmation using EMA slope and VWAP position🔸 Smart AlertsAlerts for:Support or resistance zone breaksBuy and sell trade signalsTrend direction changes📈 Trading Logic OverviewLong SetupPrice above VWAPFast EMA above Slow EMAPrice reacts from support zone or breaks above resistance zoneShort SetupPrice below VWAPFast EMA below Slow EMAPrice rejects resistance zone or breaks below support zone⚙️ Customization OptionsEMA lengthsSupport/Resistance sensitivityZone width and lookbackVWAP on/off toggleAlerts enable/disable🕒 Best Used ForIntraday trading (1-min, 3-min, 5-min charts)Index scalping (SPX, NDX, Bank Nifty, Nifty)High-liquidity stocks & futures