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Showing posts from February, 2024
Latest Crypto Fear & Greed Index


New Script: VWAP strategy

This strategy uses VWAP with period 7. The success rate about 50%, and one huge drawback is the huge drawdown. I do not set up stop loss for this strategy. Strategy Description: It buys when the price crosses up VWAP line. Exit when EMA50 crosses down SMA100. Potential ROI Monthly (in bullish trend): 0-10% Recommended Settings: Pair: BTCUSDT, TIAUSDT Time frame: 5mins Initial Capital: 100 Base Currency: Default Order Size: 98% of equity Pyramiding: 1 order Commission: 0.1 % // @version= 4 strategy ( "VWAP+MA[www.capayam.com]" , overlay =true ) // Input for the VWAP period cumulativePeriod = input ( 7 , title = "VWAP Period" ) // Calculate VWAP typicalPrice = ( high + low + close ) / 3 typicalPriceVolume = typicalPrice * volume cumulativeTypicalPriceVolume = sum ( typicalPriceVolume , cumulativePeriod ) cumulativeVolume = sum ( volume , cumulativePeriod ) vwapValue = cumulativeTypicalPriceVolume / cumulativeVolume // Plot VWAP plot ( vwapValu