NYSE Open VWAP Reclaims with Pullback Holds and EMA Confirmation

Summary

This intraday strategy is organized around the regular-session opening VWAP and a restricted morning trade window. Its title describes a reclaim followed by a pullback hold, with a five, eight, and thirteen period EMA curl as an additional setup feature. Inputs also define a reclaim using either multiple closes or one close followed by a hold, a VWAP touch buffer, optional rising-volume confirmation, and a cap on VWAP crosses that disables further entries.

The script includes long and short trading, stop and target distances expressed in ticks, and reference levels such as overnight-anchored and prior-day VWAPs, the session open, opening range, and initial balance. A panel compares several index and large-cap market references against selected levels. The supplied excerpt is mostly inputs and session setup; it omits the core entry and exit calculations, so exact signal handling and performance cannot be assessed. It gives no backtest evidence, and its displayed zero commission setting means trading costs would need separate consideration.

Key ideas

• The strategy focuses on morning trades around the regular-session opening VWAP.
• Its setup combines a VWAP reclaim and hold concept with short-period EMA alignment.
• Users can choose reclaim rules, a volume check, a VWAP touch buffer, and a limit on repeated crosses.
• Stops and targets are parameterized in ticks, while several session VWAP and range levels provide context.
• The excerpt omits the actual signal logic and reports no performance evidence.

Tags

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