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I quickly threw together a strategy on NinjaTrader with only the VWAP test long/short and so far with a risk/reward of 1:1 it's just above a third win rate. I'm trying several things but so far a 1:1.5 has a positive net expectancy.
Has anyone seen hit the bid multiday vwap each day the vwap starts on the previous days close and keeps aggregating day by day. they said you can look back years if you want has anyone seen something available like this they use a standard vwap and the multiday vwap together to trade
Yes. This is called rVWAP or Rolling VWAP. I have 7 days worth of roll, but in theory you can have more than that. After a while they all flatten out and statistically speaking I haven't gone beyond 7 days worth of rVWAP to ascertain their validity. Within the 7 days though, you betcha.
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- Trade what you see. Invest in what you believe -
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Yes, only trade from 10am to 3pm. I suspect a better way is to do it by the height of the VWAP purple area. VM was acting up so i could only run a couple of months so very little data at this point.
VM was acting up so i could only run a couple of months so very little data. With a stop and a buy order at the stop/buy zone respectively it reached the T1 target just over 30% of the time. Criteria is what JonnyBoy boy described in previous post where it had to at least touch VWAP but never break the VWAP purple area zone.