NYSE Open VWAP Reclaims with EMA Curl and Pullback Holds

Summary

This TradingView strategy targets long and short setups around the New York cash open. It anchors VWAP to the regular session and allows trades only during a narrower morning window. Entries are framed as VWAP reclaims followed by a hold or pullback, with a short EMA stack (5, 8, and 13 periods) used to assess direction and curling momentum. The script also includes volume confirmation, a VWAP touch buffer, stop placement beyond the setup extreme, a maximum stop distance, and a fixed tick-based profit target.

The indicator layer adds opening range and initial balance levels, current and prior session VWAP references, high and low anchored VWAPs, cross markers, and a status panel for several index futures and a large-cap technology basket. These features provide context and visualization rather than independent evidence of profitability. The supplied extract is incomplete and contains no performance report, sample, or market-by-market results, so it does not establish that the entry rules are profitable or robust.

Key ideas

• Trades are restricted to a morning window after the New York regular session opens.
• Entries combine a VWAP reclaim and hold or pullback with a short EMA alignment.
• Volume confirmation, setup-extreme stops, and a maximum stop size are configurable filters.
• The script overlays session VWAPs, opening range and initial balance levels, and cross-market status information.
• The extract provides rules and chart features but no evidence of strategy performance.

Tags

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