VWAP + RSI Bounce Strategy Hariss 369 by Hariss369
By Hariss369
Performance Metrics
- Author: Hariss369
- Symbol: OKX:BNBUSDT.P
- Timeframe: 1 hour
- Net P&L: +12,692.49 USDT (+1.27%)
- Win Rate: 24.7%
- Profit Factor: 1.067
- Max Drawdown: 25,874.34 USDT (2.52%)
- Total Trades: 1,443
Description
VWAP + RSI Bounce Strategy This strategy combines VWAP (Volume-Weighted Average Price) and RSI momentum shift to capture high-probability reversal bounces. The idea is simple: price often reacts strongly around VWAP, which represents the true intraday fair value. When price pulls back towards VWAP and then bounces away with strength, it often marks a continuation move.A long signal forms when:Price touches or slightly dips below VWAP, showing a pullbackCandle closes back above VWAP, confirming a strong bullish bounceRSI turns bullish (crosses 50 or crosses above its smoothing)A sell signal forms in the opposite conditions with a bearish bounce below VWAP.This combination filters out weak reactions and focuses only on momentum-backed bounces. Trend-colored VWAP helps visualize directional bias more clearly—green when VWAP is rising and red when falling. This approach is best used in trending markets and works well across intraday timeframes.