Mysteriown

2020년 10월 16일 오전 9시 12분

VWAP + Fibo Dev Extensions Strategy

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

설명

⋅ 2020년 10월 16일 오전 9시 12분

Based on my VWAP + Fibo deviations indicator, I tested some strategies to see if the indicator can be profitable; and I got it !

This strategy uses:

H1 timeframe
Weekly VWAP
+1.618 / +2.618 / -1.618 / -2.618 Deviations Extensions to create 2 bands
The value of the deviation

First, the 2 bands are plotted : +1.618/+2.618 painted in red and -1.618/-2.618 painted in lime.

Then, we wait for the deviation value to reach at least 150 (see thumbnail) to avoid littles moves when the gaps between bands are too short.

Entry long position :

first candle must crossunder the -1.618 level and low have to stay over the -2.618
low of the second one must stay in the lime band
enter the third one if the deviation value is over limit (150)

Exit long position :

TP : when a high crossover VWAP
SL : when a low crossunder -2.618

Entry short position :

first candle must crossover the +1.618 level and high have to stay under the +2.618
high of the second one must stay in the red band
enter the third one if the deviation value is over limit (150)

Exit short position :

TP : when a low crossunder VWAP
SL : when a high crossover +2.618

Notes :

this strategy uses pyramiding (5), be careful and calculate your risk management
the comission value is set to 0.08% to include slippages when entering a trade because of market orders
This strategy is not an advice to invest, make your own decisions.

Volume Weighted Average Price (VWAP)vwapbands fibonnacci deviation deviations strategy profitable profitabletrading

코멘트

namwal

⋅ 2020년 10월 16일 오전 11시 5분

good one, but the buy/sell signal are not getting on chart

Mysteriown

⋅ 2020년 10월 16일 오전 11시 58분

@namwal, have a look to my answer below ;)

Arun_K_Bhaskar

⋅ 2020년 12월 24일 오후 6시 43분

What is the VWAP indicator at the bottom? Where is it available?

takatamakata

⋅ 2022년 1월 19일 오후 3시 19분

It seems that I can't use this strategy on every instruments except for Bitcoin and Ethereum. Does anybody know the solution for creating position orders on backtest for other pairs like ADA, BNB, XRP etc. ?

fodilfliti1515

⋅ 2022년 1월 7일 오후 6시 25분

hello test straregy not work and long and short not show in candle why

ajaaraghu

⋅ 2021년 9월 11일 오전 3시 10분

Hello
Thaks for VWAP+FIB DEV EXT Stategy. It is noice.. However i am not gettign deviation value (150) in the plottign.. how can i get it

Rajesh1915

⋅ 2022년 11월 20일 오후 5시 43분

@ajaaraghu, it is available in setting

GrandpaGene

⋅ 2022년 3월 4일 오전 3시 47분

Does this only work for BTC?

evrengencsoy

⋅ 2021년 11월 2일 오후 7시 22분

is this repaint?

AllanAguiarBR

⋅ 2022년 7월 21일 오후 10시 20분

@evrengencsoy, Likely... He used High and Low in his code ;(