Thursday, June 20, 2024

Best VWAP Trading Strategy 2024 (Backtest) | Quantified Strategies

 

What is better than VWAP?

Superior to VWAP is implementation shortfall, a more comprehensive measure of trade execution performance. VWAP stands as a prominent technical indicator in the trading realm, yet traders may discover alternative indicators that align more closely with their specific requirements. Among them are:

  • Exponential Moving Average (EMA)
  • Supertrend Indicator
  • Average Directional Index (ADX)
  • On Balance Volume (OBV)
  • Donchian Channel
  • Central Pivot Range (CPR)

Incorporating any of these robust options could serve to bolster one’s trading strategy when used alongside VWAP, capitalizing on the unique advantages each provides.

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