PROTECTED SOURCE SCRIPT
VWAP Pullback Strategy
This strategy automates a VWAP continuation setup: wait for price to cross VWAP, confirm a pullback that stays on the breakout side, then enter on a breakout through the pullback’s open.
Sequence
1. VWAP cross inside the selected session (default 10:10–15:00 ET).
2. After price moves at least Min distance before pullback, the first opposite candle (staying above/below VWAP) becomes the pullback; a configurable Min distance for breakout ensures the follow-up candle
closes far enough beyond the pullback open.
3. Entry occurs at the breakout bar’s close, unless the candle is farther than Max VWAP distance from VWAP, in which case a limit order is placed at VWAP ± distance. Stops sit SL offset points from VWAP; take-
profit uses the chosen Risk/Reward Ratio.
The script sizes each trade to risk a fixed fraction of equity (1 % by default) and can move the stop to breakeven once price reaches Break-even trigger (%) of the way to the target. The companion indicator
plots the same signals so you can visually confirm entries and projected SL/TP before running the strategy live. Use this for VWAP-based continuation testing, alert generation, or as a template for your broker
integration.
Sequence
1. VWAP cross inside the selected session (default 10:10–15:00 ET).
2. After price moves at least Min distance before pullback, the first opposite candle (staying above/below VWAP) becomes the pullback; a configurable Min distance for breakout ensures the follow-up candle
closes far enough beyond the pullback open.
3. Entry occurs at the breakout bar’s close, unless the candle is farther than Max VWAP distance from VWAP, in which case a limit order is placed at VWAP ± distance. Stops sit SL offset points from VWAP; take-
profit uses the chosen Risk/Reward Ratio.
The script sizes each trade to risk a fixed fraction of equity (1 % by default) and can move the stop to breakeven once price reaches Break-even trigger (%) of the way to the target. The companion indicator
plots the same signals so you can visually confirm entries and projected SL/TP before running the strategy live. Use this for VWAP-based continuation testing, alert generation, or as a template for your broker
integration.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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 dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya secara bebas dan tanpa apa-apa had – ketahui lebih di sini.
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.