Money Flow Indicator (Chaikin Oscillator) with VWAP

Strategy Overview
Entry Conditions:

Buy Entry:
The Chaikin Oscillator crosses above the signal line.
The current price is above the VWAP.
Sell Entry:
The Chaikin Oscillator crosses below the signal line.
The current price is below the VWAP.
Exit Conditions:

Profit Taking:
Take profit when a target profit is reached (e.g., a 2% increase from the entry price).
Stop Loss:
Set a stop loss, for example, at a 1% decline from the entry price.
Risk Management:

Manage risk by limiting each trade to no more than 1-2% of the account balance.
Calculate position size based on risk and trade accordingly.
Trend Confirmation:

Use other indicators (like moving averages) to confirm the overall trend and focus trades in the direction of the trend.
In an uptrend, prioritize buy entries; in a downtrend, prioritize sell entries.
Specific Trade Scenarios
Example 1: Buy Entry:

Enter a buy position when the Chaikin Oscillator crosses above the signal line and the price is above the VWAP.
Set a stop loss 1% below the entry price and a profit target 2% above the entry price.
Example 2: Sell Entry:

Enter a sell position when the Chaikin Oscillator crosses below the signal line and the price is below the VWAP.
Set a stop loss 1% above the entry price and a profit target 2% below the entry price.
Additional Considerations
Backtesting: Test this strategy with historical data to evaluate performance and make adjustments as needed.
Market Conditions: Pay attention to market volatility and economic indicators, adjusting the trading strategy flexibly.
Psychological Factors: Avoid emotional decisions and follow clear rules when trading.