Anchored VWAP - Futuristic Based Complete Trading System

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3 years ago
1.27K
Finance & Crypto

https://traderslanding.net
The Anchored VWAP was developed in 1995 and added to TradingView in May of 2020. This new indicator is similar to the standard VWAP except it can be “Anchored” to a specific candle, versus the standard VWAP which starts at the first candle of the trading day. Is this new Indicator the future of intraday trading? I develop a complete trading system based on this single indicator and test it over 4 different instruments. After the test I will review the results, equity curve, give it a Trader’s Landing Score, and some optimization tips on how to improve it.

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🏠 System Web page: https://traderslanding.net/2022/01/25/59/

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⏱️ Timestamps ​​⏱️
00:00 - Start
00:45 - Indicators
02:27 - Long Examples
03:50 - Short Examples
05:16 - Results, Equity Curve, Score
05:38 - Optimization Tips

⚙️ System Specifics ⚙️
📛 System Name: Anchors Away
🏆 Trader’s Landing Score: 7
🎹 Instrument: Apple, Consolidated Edison, HSBC, Tata
⌛ Time Frame: 15-Minute (M15)

👀 TradingView Indicators
Name: Anchored VWAP
Inputs: Default
Style: Default
By: TradingView Built-In
Link: https://www.tradingview.com/blog/en/anchored-vwap-is-on-tradingview-18573/

☝️ Long Entry
1. Wait for either an Earnings Report, Dividends Report, or Splits.
2. Put Anchored VWAP on the candle where the report is released.
3. Wait for 5 candles.
4. Price must close above the upper Anchored VWAP band.
5. Stop is previous swing low.

👇 Short Entry
1. Wait for either an Earnings Report, Dividends Report, or Splits.
2. Put Anchored VWAP on the candle where the report is released.
3. Wait for 5 candles.
4. Price must close below the lower Anchored VWAP band.
5. Stop is previous swing high.

🔥 Risk to Reward: 1:2

🛑 Where to place stop-loss:
For Longs: Previous swing low.
For Shorts: Previous swing high.
🚀 Where to take profits: 2 times risk.
______
⚠️Disclaimer: This content references opinion and is for information purposes only. Not intended to be investment advice.

Secret Mindset Video: https://youtu.be/m7cL-TMKZpE

Attribution
Licensed under creative commons license:
Instant Regret-Try Not To Laugh|Funny Fails Compilation #4
https://www.youtube.com/watch?v=Piso9_hFbOA
Clip description: Fall off boat

Metatags
#StrategyReview #TradingSystem #AnchoredVWAP

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