Trading Gold Asia Session Pullbacks to VWAP
Summary
This strategy trades gold during a configured Asia session, using VWAP as the intraday trend reference. It looks for price to approach a narrow band around VWAP while price remains on the trend side of VWAP; an optional candle close back across VWAP confirms resumption. A configurable EMA can add a broader trend filter, and an optional daily gate limits the strategy to one entry.
Stops and targets are based either on ATR multiples or fixed price distances, and an optional time exit closes open positions when the session ends. The script also plots long and short signals. The document describes the rules and inputs but provides no backtest results or evidence of profitability. Outcomes may depend on instrument settings, session and timezone choices, chart resolution, execution assumptions, and parameter selection.
Key ideas
- The strategy restricts entries to a specified Asia trading session.
- VWAP defines trend direction, and pullbacks toward it provide entry setups.
- A close back through VWAP and an EMA trend filter are optional confirmations.
- Stops and targets can use ATR distances or fixed price amounts.
- A session-end exit can prevent positions from remaining open beyond the trading window.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.