VWAP + Multi-Timeframe RSI Strategy by dreamflysec
By dreamflysec
Performance Metrics
- Author: dreamflysec
- Symbol: PEPPERSTONE:XAUUSD
- Timeframe: 30 minutes
- Net P&L: +784.36 USD (+0.08%)
- Win Rate: 30.0%
- Profit Factor: 1.116
- Max Drawdown: 318.04 USD (0.03%)
- Total Trades: 1,175
Description
This strategy combines VWAP trend direction with confirmation from RSI on a higher timeframe. The idea is to only take trades when both intraday momentum and higher-timeframe trend are aligned, increasing accuracy.LONG Entry:Price above VWAP (bullish environment).RSI on the current timeframe is below overbought (room to rise).RSI on the higher timeframe (default H1) is above 50 (bullish confirmation).SHORT Entry:Price below VWAP (bearish environment).RSI on the current timeframe is above oversold (room to fall).RSI on the higher timeframe is below 50 (bearish confirmation).Exit Rule:Stop-loss near VWAP.Take-profit at ~2x risk or when major levels are reached.Best Timeframes:Use 15m or 30m chart with H1 RSI for intraday trading.Use 1H chart with Daily RSI for swing trading.⚡ The higher-timeframe RSI filter reduces false signals and aligns trades with institutional flow.