This strategy combines a moving average with a volume‑weighted moving average (VWMA). When price trades above the VWMA, it suggests buyers are dominant. A breakout occurs when price crosses the VWMA from the opposite side.
Trades align with the VWMA direction and use the simple moving average as a higher‑level trend filter. Exits occur when price reverses relative to the moving average.
The goal is to capture breakouts supported by volume.
Entry Criteria: Price above or below VWMA with MA confirmation.
Long/Short: Both directions.
Exit Criteria: Price crosses MA in opposite direction or stop.
Stops: Yes.
Default Values:
MAPeriod = 20
VWAPPeriod = 20
CandleType = TimeSpan.FromMinutes(5)
[*]Filters:
Category: Breakout
Direction: Both
Indicators: VWMA, MA
Stops: Yes
Complexity: Intermediate
Timeframe: Intraday
Seasonality: No
Neural Networks: No
Divergence: No
Risk Level: Medium