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ALLURI_RAJU
Nov 17, 2020 6:13 AM

ARR VWAP Intraday 

BANKNIFTY INDEX FUTURESNSE

Description

Intra day VWAP Strategy
Strategy is
Buy when vwap goes up and RSI above 50 (Can be modified) .
Sell wehn vwap goes down and rsi bellow 50 (Can be modified)

Exit all at market close hour specified
Comments
amanbansal94
can you add ema and supper trends to it?
it might give better results!!
cjoshi74
Can you also add one more condition (my request is added within brackets)
Buy when vwap goes up and RSI above 50 (Can be modified)- (and if the next candle breaks the previous GREEN, only if the previous is green, breaks by 0.2 points)

Sell wehn vwap goes down and rsi bellow 50 (Can be modified)- (and if the next candle breaks the previous RED, only if the previous is red, breaks by 0.2 points)

Also, I changed the RSI to 2 and buy level to 70 or above and sell level to 30 or below.
cjoshi74
Sorry I missed a few points..
For Buy, the previous green candle should have it’s Low, higher than VWAP value
For Sell, the previous RED candle should have it’s high, lower than VWAP value
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