Long only strategy VWAP with BB and Golden Cross EMA50/200

This is strategy, mainly designed for stock markets
It makes uses of the EMA 50/ 200 ( Golden cross) and VWAP and Bollinger bands.
It only takes long positions. It can be adapted to all time frames, but preferably to be used with longer timeframes 1h +

The rules for entry are the next ones :

1. EMA50 > EMA 200
2. if current close > vwap session value
3. check if price dipped BB lower band for any of last 10 candles


1. price closes above BB upper

1. As configured --- default is set to 1%

My website:

Telegram group:

BTC: 347p8NNwnHmAUfyJXWaeLUgrpHwthmr5UP

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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