VWAP and BB strategy [EEMANI]

This strategy combines VWAP and BB indicators

1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles

1. price closes above BB upper band

1. As configured --- default is set to 5%

warning: for the use of educational purposes only
Release Notes: 1. I have added another parameter BB %B. That means you can use BB or BB %B option to calculate the logic to buy signal.

2. In case of BB %B ---- BUY signal will occur when cross down below and price closing up on vwap
Note: strategy doesnt add the BB %B indicator to the chart. You need to add it manually

3. Added 200 ema to the chart --- just to see whether trend is up or not

4. I have also changed fast ema and slow ema values to 13 and 55 respectively. These settings are better performing than 50 and 200 emas.
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Hi,thanks for your share, I wonder on what condition we should short with this strategy?
mohanee shayulajiao

It is developed only for Long. If i find the logic I will update / publish for Short selling
Thank you! Very interesting and well designed. With long only option, this strategy appears to be generating low number of trades for stocks even with 5 min bars. Could you please update or recommend the strategy/solution for short selling?
mohanee aatpr
@aatpr, I havenot found logic yet for shorting
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