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    Vwap For Intraday: Entry

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    Yash Patil
    The document discusses using VWAP and moving averages of VWAP for intraday stock trading. Key entry signals include when VWAP rises above the moving VWAP and when the price crosses above a high volume node. Tight stop losses and reducing position size on counter trend volumes are recommended. Exits can look for counter trend volumes.

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    Vwap For Intraday: Entry

    Uploaded by

    Yash Patil
    73 views5 pages
    The document discusses using VWAP and moving averages of VWAP for intraday stock trading. Key entry signals include when VWAP rises above the moving VWAP and when the price crosses above a high volume node. Tight stop losses and reducing position size on counter trend volumes are recommended. Exits can look for counter trend volumes.

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    vwap intraday.docx

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    The document discusses using VWAP and moving averages of VWAP for intraday stock trading. Key entry signals include when VWAP rises above the moving VWAP and when the price crosses above a high volume node. Tight stop losses and reducing position size on counter trend volumes are recommended. Exits can look for counter trend volumes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    73 views5 pages

    Vwap For Intraday: Entry

    Uploaded by

    Yash Patil
    The document discusses using VWAP and moving averages of VWAP for intraday stock trading. Key entry signals include when VWAP rises above the moving VWAP and when the price crosses above a high volume node. Tight stop losses and reducing position size on counter trend volumes are recommended. Exits can look for counter trend volumes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 5

    Vwap for Intraday

    Stock selection:
    Stock scanning can be done for narrow range plus
    inside bars, stocks near 52wk high low.

    Indicators:
    Vwap, moving avg of vwap (50), Volume
    profile.

    ENTRY
     The most important thing
    is vwap being above
    mvwap or rising above it is
    a signal(long) and vice
    versa for short.
     Price crossing above high
    volume node, vwap going
    above mvwap are high probability setups.
     Volume node should be observed for last 2-3 sessions.
     When vwap is above mvwap and price gaps up the trend is
    always bullish.
    EXIT:
     YOU CAN LOOK FOR
    COUNTER TREND
    VOLUMES

    TIPS:

     Be flexible with system, exiting when you see counter trend


    volume is crucial.
     In case you are unsure tighten stoploss, reduce position size
    and experiment.
    STOPLOSS
     SL FOR THIS KIND OF ENTRY SHOULD BE AT
    MARKED POINT AND NOT LOW OF ENTRY CANDLE
    OR LOW OF SWING HIGH.

     IN CASE OF GAP UP OR DOWN, AND FOR GAPS OF


    MORE THAN 1.5%, KEEP SL AT HIGH OR LOW OF GAP
    CANDLE AND LOOK TO PROTECT YOUR SL.

     IN CASE OF GAPS OF 1% OR LESS IT IS MUCH SAFER


    TO KEEP SL AT LOW POINT OF PREV
    CONSOLIDATION/RESISTANCE/SUPPORT.
     WIDE RANGE CANDLE
    MORNING SESSION KEEP

    SL AT LOW OF ENTRY CANDLE


     WIDE RANGE AFTERNOON SESSION SL AT SWING
    LOW.
    Narrow range cluster code for TV.
    study("NR4&NR7+EMA+VWAP+MVWAP ", overlay = true)

    aOpen = security(tickerid, period, open)

    aHigh = security(tickerid, period, high)

    aLow = security(tickerid, period, low)

    aClose = security(tickerid, period, close)

    length_NR = input(defval = 7, title = "Enter No. Of Days", type = integer)

    NR_Check(range) =>

    range < lowest(range, length_NR - 1)[1] ? true : false

    range_NR_Prep = aHigh - aLow

    range_NR = aHigh[1] - aLow[1]

    range_isCurrentLowest = NR_Check(range_NR_Prep)

    range_isLowest = NR_Check(range_NR)

    plotshape(range_isCurrentLowest == true ? low : na, style = shape.circle, color = black, transp = 0)

    ////study(title="Moving Average Exponential", shorttitle="EMA", overlay=true, resolution="")

    len = input(200, minval=1, title="Length")

    src = input(close, title="Source")

    offset = input(title="Offset", defval=0, minval=-500, maxval=500)

    out = ema(src, len)

    plot(out, title="EMA", color=red, linewidth=2, offset=offset)

    ////study("VWAP - MVWAP", overlay=true)

    vwaplength = input(title="VWAP Length", defval=1)

    emaSource1 = input(title="EMA 1 Source", defval=close)

    emaLength1 = input(title="EMA 1 Length", defval=7)

    emaSource2 = input(title="EMA 2 Source", defval=close)

    emaLength2 = input(title="EMA 2 Length", defval=25)

    rsilimit = input(title="RSI Limit (RISKY)", defval=65)

    rsiminimum = input(title="RSI Minimum (WAIT FOR DIP)", defval=51)

    /// MVWAP ///

    avlength = input(title="MVWAP Length", defval=50)

    av = ema(vwap, avlength)

    plotav = plot(av, color=fuchsia, transp=0, title="MVWAP", linewidth=1)

    mvwap = av

    // Get values

    ema1 = ema(emaSource1, emaLength1)

    ema2 = ema(emaSource2, emaLength2)

    /// VWAP /// cvwap = ema(vwap, vwaplength) plotvwap = plot(cvwap, color=black, transp=0, title="VWAP", linewidth=1)

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