OPEN-SOURCE SCRIPT
Stock Market Strategy : VWAP, MACD, EMA, Breakout, BB

Hello there,
Today I bring you a stock market strategy, specialized in NASDAQ stocks.
Its a daytrading strategy, that can only do a max of 1 trade per day. In this case it only trades the first 2 opening hours of the market.
The rules are simple :
We follow the trend based on a big EMA, in this case 200, after that, we check for VWAP direction , then, we check histogram from MACD. This is the simple logic of the strategy.
Inside there is another strategy, that not just do the above, but also uses Bollinger bands, and checks for breakout of bottom or top line. Also it uses Average directional Index, for even a bigger criteria .
So for example a long condition it would be : candle is above the ema, and candle is above vwap, and histogram is positive, and candle break the top bb level and ADI < 40 -> long signal . The opposite works for short(ADI > 20).
In this case all this criterias are between the first 2 hours of market. So we enter between the first hour, and exit in the next hour. For this we need to use very short time frames.
Hope you enjoy it.
Let me know if you have any questions
Today I bring you a stock market strategy, specialized in NASDAQ stocks.
Its a daytrading strategy, that can only do a max of 1 trade per day. In this case it only trades the first 2 opening hours of the market.
The rules are simple :
We follow the trend based on a big EMA, in this case 200, after that, we check for VWAP direction , then, we check histogram from MACD. This is the simple logic of the strategy.
Inside there is another strategy, that not just do the above, but also uses Bollinger bands, and checks for breakout of bottom or top line. Also it uses Average directional Index, for even a bigger criteria .
So for example a long condition it would be : candle is above the ema, and candle is above vwap, and histogram is positive, and candle break the top bb level and ADI < 40 -> long signal . The opposite works for short(ADI > 20).
In this case all this criterias are between the first 2 hours of market. So we enter between the first hour, and exit in the next hour. For this we need to use very short time frames.
Hope you enjoy it.
Let me know if you have any questions
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Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.