AI Volume Weighted Price Reversion Trader
- Experts
- Version: 1.0
Fades stretched intraday moves back toward the daily VWAP.
How it works
The EA builds the daily volume weighted average price from the start of the server day, together with standard deviation bands, on the M15 signal timeframe by default.
When price stretches beyond the outer band and a closed candle turns back toward VWAP, a reversion trade opens. Trading starts only after a minimum number of bars of the day.
The take profit can be placed at VWAP itself or by reward ratio; the stop goes beyond the extreme of the move with an ATR buffer.
Key features
- Daily VWAP with standard deviation bands calculated internally
- Reversal candle confirmation
- Take profit at VWAP or by reward ratio
- Minimum bars of the day before trading
- Risk based lot size with a maximum lot cap and free margin check
- ATR based break-even and trailing stop
- One position at a time, no grid, no martingale, no averaging
- Every trade is opened with SL and TP
- Small on-chart status panel
Recommended
Index CFDs, XAUUSD and major Forex pairs during active sessions. M15 signal timeframe by default.
Inputs
Risk percent, lot cap, magic number, band width, minimum day bars, VWAP target switch, minimum TP, SL buffer, maximum SL, reward ratio, break-even and trailing.
Risk note
Trading involves substantial risk. Test the EA on a demo account first and use a risk level you are comfortable with.
