The VWAP ADX Trend Strength strategy is built around VWAP with ADX Trend Strength.
Signals trigger when its indicators confirms trend changes on intraday (5m) data. This makes the method suitable for active traders.
Stops rely on ATR multiples and factors like AdxPeriod, AdxThreshold. Adjust these defaults to balance risk and reward.
Entry Criteria: see implementation for indicator conditions.
Long/Short: Both directions.
Exit Criteria: opposite signal or stop logic.
Stops: Yes, using indicator-based calculations.
Default Values:
AdxPeriod = 14
AdxThreshold = 25m
CandleType = TimeSpan.FromMinutes(5).TimeFrame()
[*]Filters:
Category: Trend following
Direction: Both
Indicators: multiple indicators
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday (5m)
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium