VWAP Strategies

[vijkris]

@ Karan bro , i have a doubt-
what is ur criteria for determining -1sd failure?

here after 1st trade why no long? why it is not -1sd failure?
similarly why after 2.39 bar is not considered -1sd failure?

thanks.


btw nice move in sbin today.

 

[^k^]

here after 1st trade why no long? why it is not -1sd failure?
similarly why after 2.39 bar is not considered -1sd failure?

Nice doubts on -1sd Vijay.

here after 1st trade why no long?
=Back to back trade I avoid.That will be then a SAR Method.

why it is not -1sd failure?
=That's a -1sd failure.Taking long there was risky as market sold of quickly.

similarly why after 2.39 bar is not considered -1sd failure?
=that also considered as a failure but I didnt take it.I took 2 trades which gave me 2R which fulfilled my daily quota.Else the trade was there.

We could have shorted 01.54pm bar's low too.We dont want to catch each and every move on these bands.Just catch 2 and we are done for a day.Either take failures or go for bias or take whichever come first.

 

[vagar11]

2:39 trade looks good. The price went away from -1SD like someone touched a hot plate.

 

[fish]

@Karan-Thanks a lot for your thread,I'm checking it anonymously.Pls move it from do not disturb zone to general zone where everyone can discuss,share,ask.

What are your settings for AMA Band? I'm getting AMA band overlayed on a whole chart.
Is AMA really that mandatory to use because you are only taking a trade only on standard deviations?

Looks like your PM box is full.

 

[^k^]

Use TF=Yes
Period=30
Noise Period=5

Aap USE TF=No rakhi hogi isliye AMA pure chart me aata hai.

 

[vijkris]

@Karan-Thanks a lot for your thread,I'm checking it anonymously.Pls move it from do not disturb zone to general zone where everyone can discuss,share,ask.

What are your settings for AMA Band? I'm getting AMA band overlayed on a whole chart.
Is AMA really that mandatory to use because you are only taking a trade only on standard deviations?

Looks like your PM box is full.

pls post pic. is it like this?

if yes means download updated afl from pratap sir's thread

 

[fish]

is it like this?


if yes means download updated afl from pratap sir's thread

Pls share the link for old and updated afl.I'm not sure which one I'm using.

 

[vijkris]

Pls share the link for old and updated afl.I'm not sure which one I'm using.

updated afl. http://www.traderji.com/advanced-tr...ive-using-vwap-sd-tf-amas-15.html#post1148228

still if prob exists then increase the noise period.

 

[^k^]

Is AMA really that mandatory to use because you are only taking a trade only on standard deviations?

Ohh I missed this Lini.

http://www.traderji.com/trading-diary/101219-lone-wolfs-trading-diary-58.html#post1162360

AMA is just a range decider.Not mandatory,just the additional weapon.

 

[vijkris]

Posting info about sideways identification here as well.

Hi, after reading ur posts i think we both use vwap method in entirely different way.
I did little experiment at the final trade yday, yet to update the chart.

vwap's strength is in sideways days so i restricted its use only during that time. yday was trending day and all my trades used 2ma exclusively. Role of vwap was limited.
In ur 2nd post i think u meant that vwap is bearish, but candles are not red, so how to short?
In the above case 2ma comes into play, if 2ma says buy, even if it is below vwap, i ll take buy.
If u see the chart, i use 30 min or 1 hr opening range.
If both 2sd is in between op range, then vwap is king and follow that only.
If any one 2sd outside op range, consider it trending day and follow 2ma pivots, vwap is not considered.
Of course in both cases candle patterns like pin bar, engulfing etc is important.

Hope i m clear. Sorry to say i modified both the rules of 2ma and vwap, then only i was profitable in backtests, otherwise i faced similar issues what u r facing now.