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VWAP + RSI Bounce Strategy Hariss 369

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VWAP + RSI Bounce Strategy

This strategy combines VWAP (Volume-Weighted Average Price) and RSI momentum shift to capture high-probability reversal bounces. The idea is simple: price often reacts strongly around VWAP, which represents the true intraday fair value. When price pulls back towards VWAP and then bounces away with strength, it often marks a continuation move.

A long signal forms when:

Price touches or slightly dips below VWAP, showing a pullback
Candle closes back above VWAP, confirming a strong bullish bounce
RSI turns bullish (crosses 50 or crosses above its smoothing)

A sell signal forms in the opposite conditions with a bearish bounce below VWAP.

This combination filters out weak reactions and focuses only on momentum-backed bounces. Trend-colored VWAP helps visualize directional bias more clearly—green when VWAP is rising and red when falling. This approach is best used in trending markets and works well across intraday timeframes.

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