ZVWAP strategyThis strategy is based on Z distance from VWAP indicator by LazyBear
I have added few filters to utilize the indicator ...
BUY Rule
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1. fast ema is above slow ema
2. zvwap is dipped below oversold area (default set to -0.5)
3. after the dip , while crossing above zero --- BUY
Note , when the above criteria is met , bar color is changed to yellow
Exit Rule
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1. Exit when zvwap enters overbought line (default set to 2.0)
Stop Loss
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default set to 5% ( you can change it in settings )
Note : strategy does not draw ema lines on the chart. Please add manually to your chart
warning: for education purposes only
