New York Session Trend Retests with VWAP and Premarket Levels

Summary

This document presents a configurable intraday strategy organized around the New York trading session. It uses a higher-timeframe EMA to establish trend direction and offers VWAP retests as the default entry approach, with optional EMA retests and premarket breakouts. VWAP position filters can restrict longs to above VWAP and shorts to below it. A VWAP slope and recent price-range filter are intended to screen out flat or compressed conditions.

The visible script inputs also describe EMA- and VWAP-based exits, profit thresholds, stop buffers, partial profit-taking near premarket or daily highs and lows, and moving stops to breakeven after a partial exit. However, the document cuts off partway through the code, so the full signal logic and trade management rules cannot be confirmed. It includes no strategy report, backtest results, or evidence that the filters improve performance. The settings are configurable, and the excerpt does not establish how the approach performs across instruments or market conditions.

Key ideas

• The strategy focuses on intraday trades during a configurable New York session.
• A higher-timeframe EMA provides trend context, while VWAP retests are the default entry type.
• Optional premarket breakouts and EMA retests provide alternative entry modes.
• VWAP slope and recent range thresholds are designed to filter flat or compressed markets.
• The excerpt is incomplete and provides no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.