By Maximo Trader 2025
VWAP Trading Strategy for MT5 is intraday trading strategy utilizes the Volume Weighted Average Price (VWAP) to assess market direction and sentiment. VWAP is a crucial tool used by institutional traders to determine fair value levels, making it a powerful trend-following indicator. This strategy is enhanced with an RSI filter (6-period) to confirm momentum and trend strength.
Platform: MetaTrader 5 (MT5)
Timeframe: 15-minute or 30-minute
Currency Pairs: Any
Indicators Used:
VWAP (Default settings)
Relative Strength Index (RSI) - 6 periods (used as a trend filter)
🔹 BUY Setup:
Price is above the VWAP (indicating bullish sentiment).
RSI confirms momentum with a blue bar (indicating strength in the uptrend).
Look for price rejection at the VWAP level for added confirmation.
✅ Enter a BUY trade once all conditions align.
🔹 SELL Setup:
Price is below the VWAP (indicating bearish sentiment).
RSI confirms momentum with a red bar (indicating strength in the downtrend).
Look for price rejection at the VWAP level for added confirmation.
✅ Enter a SELL trade once all conditions align.
🔸 Stop-Loss:
Place SL at the previous swing high for SELL trades or swing low for BUY trades.
🔸 Take-Profit:
Profit ratio between 1:1 and 1:1.3 relative to stop-loss.
Consider key levels as potential target zones.
✔️ Confirm trade signals with other technical indicators
for added reliability.
✔️ Avoid trading in choppy, ranging markets
without clear VWAP direction.
✔️ Monitor price rejections at VWAP to identify strong entry points.
by joy22 (Written by joy22)
Time Frame 15min or higher.
Currency Pairs: all.
Indicators:
6 EMA,
34 EMA,
RSIOMA v.2 (14),
CCI (14)
Long Entry:
6M>34EMA, RSIOMA>80 and CCI>100
Short Exit:
6M<34EMA, RSIOMA<20 and CCI>-100
Exit Position:
For Buy when RSIOMA cross down;
For Sell when Rsiom Cross up.
Place Stop loss 2 pips above or below ema.
Predetermined Profit Target ratio 1:1.2 with stop loss (if stop loss is 30 pips the profit target is 60 pips.
Note: If on is earnig 60 pips is recommended to insert the trailing stop of the 20 pips.
In the pictures RSIOMA and CCI Strategy forex system in action.