Dillon's Double VWAP Strategy by jordanfray

ema averagedirectionalindex vwap trailingstop limitorder adx

This is based on Dillon's double VWAP strategy.
I enters when the ADX is low (aka not a trending market) and it's not close to the VWAP reset. Check it out.

Release Notes:

Fixed issue where the scale was messed up.

Release Notes:

Fixed input name to be more clear.

Release Notes:

Changed max bars back to 5000 for deep history testing.

Release Notes:

Reorganized pine script to better group blocks of code

Release Notes:

Update the screenshot of the strategy to show examples.

Release Notes:

Fixed issue where Macro EMA Filter didn't calculate every bar and therefore falsely prevented entries.

Release Notes:

Changed Limit entry look back from close to hl2 for improved profitability.

Release Notes:

Added Laddering into the strategy.

Release Notes:

Added new EMA distance filter. and fixed issue with trailing stop.

Release Notes:

Adding in EMA Distance Filter.

Release Notes:

Updated default settings to use best settings fr BTC 15 minute chart.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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