Strategy based on VWAP and ADX indicators. Enters long when price is above VWAP and ADX > 25. Enters short when price is below VWAP and ADX > 25. Exits when ADX < 20.
VWAP acts as the session benchmark, and ADX measures conviction. Entries appear when price departs from VWAP with ADX showing strength.
Fits intraday trend traders. Protective stops use ATR multiples.
- Entry Criteria:
- Long: Close > VWAP && ADX > 25
- Short: Close < VWAP && ADX > 25
- Long/Short: Both
- Exit Criteria: ADX drops below threshold
- Stops: Percent-based using StopLossPercent
- Default Values:
- StopLossPercent = 2m
- AdxPeriod = 14
- CandleType = TimeSpan.FromMinutes(5).TimeFrame()
- Filters:
- Category: Mean reversion
- Direction: Both
- Indicators: VWAP, ADX
- Stops: Yes
- Complexity: Intermediate
- Timeframe: Mid-term
- Seasonality: No
- Neural Networks: No
- Divergence: No
- Risk Level: Medium