Daily Stock Pick VWAP Strategy

193% strategy
performance

173% buy&hold
performance

89% percentage
of winning trades

0.71 reward to
risk ratio

6.26% average
position return

-36.90% drawdown

A long strategy created by DailyStockPick on TrendSpider. Tested at Deep (7,000 candles) of QQQ, Daily.

You can import this strategy into your TrendSpider account. Don't have TrendSpider? Create an account first, then import the strategy.

VWAP strategy - I like the entry and would use it as a scanner.

Chart type the strategy tested at: Candles. Market data: regular session. Trade by: open. Backtest results as of .

Entry Conditions

All of the following: # "Charlie"
  D Chart(close) < D Volume Weighted Average Price (14, 0, hlc3)

Any of the following: # Echo
  D RSI (14, 70, 30, close) > 60