This is SHORT selling version of RSIofVWAP strategy. Settings and Logic are totally different from LONG side version , hence I am publishing it as a new strategy.
Settings
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VWAP of RSI Length 15
Slow EMA Length 200
Short entry level 25
Cover short level 70
stop loss 5
SHORT Entry
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condition1 : When RSIofVWAP crossdown below...
This strategy inputs the vwap as source to RSI indicator.
ENTRY
When RSIofVwap crossover 70 and price is above ema200
partial exits
when RSIofVwap reaches 90 level take a portion of profit
Exit
When RSIofVwap crossdown 30
stoploss
defaulated to 5%
Risk Level
Defaulted to 10%. Based on this startegy calcuclates hiw many units can be purchased...
![SPY: RSI of VWAP [SHORT selling]](https://s3.tradingview.com/z/ZjjlKjxs_mid.png "RSI of VWAP [SHORT selling]")
