Very new to this service and coding. I am looking for a intraday VWAP strategy. The goal of my strategy is to position the portfolio according to the prevailing market imbalance, as measured by the difference between the current price and the last available VWAP. The portfolio maintains a long exposure when QQQ is trading above the VWAP (one minute candle) and reverses its exposure when the price of QQQ moves below the VWAP. No positions are held overnight. Hopefully the code will allow TOS to buy based on the following: Entry Conditions: The system waits for the first 1-minute candle to close after the U.S. market opens at 9:30am ET. At exactly 9:31:00am ET if the price of the asset is above the VWAP (not including pre- or post-market trading hours) a long (buy) position is initiated. The strategy includes setting a stop loss at the price level where a 1-minute candle closes below VWAP. The position is held throughout the trading day, with the aim of closing it at the market’s close price at 4pm ET. Similarly, if the first 1-minute candle opens below VWAP, the system enters a short (sell)position at the start of the following 1-minute candle. Or a buy signal for SQQ (inverse QQQ ETF) In this case, the strategy sets a stop loss at the price level where a 1-minute candle closes above VWAP. The position is maintained throughout the trading day, either until it gets stopped out or until it closes at the market’s close price at 4pm ET.
I would be eternally grateful if someone will tell me if such thing can be done. THANK YOU!
I would be eternally grateful if someone will tell me if such thing can be done. THANK YOU!
