VWAP and BB strategy [EEMANI] by eemani123
By eemani123
Performance Metrics
- Author: eemani123
- Symbol: AMEX:SPY
- Timeframe: 1 hour
- Net P&L: +164.35 USD (+1.64%)
- Win Rate: 88.5%
- Profit Factor: 6.715
- Max Drawdown: 10.80 USD (0.11%)
- Total Trades: 87
- Sharpe Ratio: −2.675
Description
Sep 20, 2020This strategy combines VWAP and BB indicatorsBUY RULE1. 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 band STOP LOSS EXIT1. As configured --- default is set to 5%warning: for the use of educational purposes onlySep 21, 2020Release Notes1. I have added another parameter BB %B. That means you can use BB or BB %B option to calculate the logic to buy signal.2. In case of BB %B ---- BUY signal will occur when cross down below and price closing up on vwapNote: strategy doesnt add the BB %B indicator to the chart. You need to add it manually3. Added 200 ema to the chart --- just to see whether trend is up or not 4. I have also changed fast ema and slow ema values to 13 and 55 respectively. These settings are better performing than 50 and 200 emas.