VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977)

VWAP SESSION BUY SELL STRATEGY (INDICATOR) (PDK1977)

This indicator combines the proven UT Bot breakout engine but with VWAP directional filtering and ATR-based take profit levels.
It delivers clean, high-probability trend entries and automatic volatility-calibrated exits.

How it works:

Buy only when price is above VWAP

Sell only when price is below VWAP

UT Bot confirms momentum with ATR-based trailing logic

ATR Take Profit gives consistent exits based on volatility

Bars turn green/red only while in a trade, back to normal after TP

Best For:

Intraday and swing trading

Indices, FX, crypto, and high-volume stocks but also for Forex with right TF and settings

Traders who want clean signals and minimal noise

2. Trade Checklist:

Use this before every entry. Quick, simple, reliable.

BUY Checklist:

Price confirmed above VWAP

Label prints BUY

Enter on Buy label (on bar close)
→ Hold until ATR TP hits

SELL Checklist:

Price below VWAP

Label prints SELL

Enter on Sell label
→ Hold until ATR TP hits

Avoid Entries When:

Price is chopping tightly around VWAP

Major news events are about to release

Volume is extremely low

ATR is shrinking rapidly (market compression)

3. Risk-Management Guide

This is tailored to how your system actually behaves.

1. Use ATR TP as Primary Exit:

The system automatically calculates a TP based on volatility:

High volatility → larger TP

Low volatility → smaller TP

This keeps trades consistent and avoids lingering too long.

2. Stop-Loss Recommendation

This strategy is designed for TP-only exits, but if you want a SL:

Recommended Stop-Loss:

Use ATR’s opposite trail, OR

Use 1 × ATR behind your entry candle

This matches the system's internal logic.

3. Position Sizing

Since this system enters during momentum expansions, use:

1–2% max risk per trade

Reduce risk during high-impact news sessions

4. Understand VWAP Environment

Different VWAP conditions require different expectations:

Strong Trend (price far from VWAP)

Higher TP probability

Fewer whipsaws

Excellent continuation setups

Chop Zone (price flips above/below VWAP)

Do NOT trade

Signals lose edge

Wait for a clean break + UT confirmation

5. Choose Correct VWAP Reset for your trading and session

This dramatically improves results.

Market Recommended VWAP Reset
US Stocks New York Session
Indices Daily
Forex London or New York
Crypto Daily or None

4. Final Tips for Best Performance
✔ Enter only in the direction of VWAP
✔ Don’t chase signals far away from entry candle
✔ Avoid trading right into major support/resistance
✔ ATR TP will handle exits mostly


Disclaimer

This script is provided for educational and informational purposes only.
It does not constitute financial advice, investment advice, trading advice, or any form of recommendation to buy or sell any financial instrument. The auto take no responsibility for loss or error in the script.