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VWAP Trading Strategy For Scalping 5 minutes (For Beginners) | Become a Profitable Trader
This simple but profitable scalping strategy can be used by anyone from beginner to advanced in order find become a profitable trader. Today we are test a VWAP trading strategy strategy that I code so we can test 100 times or more. Inspired by @Humbled Trader
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A good way to use the VWAP trading strategy is to buy when the price breaks the VWAP, or volume weighted average price. It is one of the most important indicators to know, and if you master it, you'll be able to use it to your advantage. However, it is not an exact science. It is always best to use tools to help you make an informed decision. In this article, we'll explore how you can use the VWAP to your advantage.
If the VWAP indicator crosses a price chart several times, it is a good time to buy. The idea is to buy at a lower price than the VWAP. When the VWAP is above the market average, you'll be opening a long position. Conversely, if the VWAP is below the price, you'll want to sell. You should try to keep your VWAP indicator value below the average market value, as this can help you avoid taking unnecessary risks.
🟢 Long :
Price above the VWAP and the 200 EMA.
Price Pullback to the 50 EMA
♦️ Short :
Price above the VWAP and the 200 EMA.
Price Pullback to the 50 EMA
⚡SL : 1%
💰 Take Profit 1:1
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Timestamps:
00:00 Intro (very important)
02:05 The Winning Trading Strategy
07:00 The Coded Trading Strategy
19:00 Let's Test 100 times
10:00 Scalping Trading My Thoughts
10:30 Conclusion
#trading #strategies #winrate #scalping
DISCLAIMER (read it please): Leverage trading is ONLY for EXPERIENCED TRADERS. If you Trade with a BOT from 3Commas on Bybit it does NOT mean you have no risk. You can still lose money if the Bot suddenly gets unprofitable.
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