Kela tuka ni zala maka trading strategy (Kela tuka ni zala maka trading strategy)
Time: 15 minutes Indicator: VWAP (Volume Weighted Average Price)
Buy :
If,
1st candle: open = high and must be long red 2nd candle: wait 3rd candle: wait 4th candle: close higher than vwap and must be green Then,
Buy at the closing price of the fourth candle
sell :
If,
1st candle: open = low and must be long green 2nd candle: wait 3rd candle: wait 4th candle: close below vwap and must be red Then,
Sell at the closing price of the fourth candle
Set take profit and stop loss based on vwap price. VWAP only works with the "Daily" setting YES.
Buy :
If,
1st candle: open = high and must be long red 2nd candle: wait 3rd candle: wait 4th candle: close higher than vwap and must be green Then,
Buy at the closing price of the fourth candle
sell :
If,
1st candle: open = low and must be long green 2nd candle: wait 3rd candle: wait 4th candle: close below vwap and must be red Then,
Sell at the closing price of the fourth candle
Set take profit and stop loss based on vwap price. VWAP only works with the "Daily" setting YES.
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