EMA on The Algo Benchhttps://thealgobench.com/tags/ema/Recent content in EMA on The Algo BenchHugoen-INMon, 09 Nov 2026 00:00:00 +0000VWAP + EMA(11) on NIFTY futures: no intraday edge on any timeframe, and costs that dwarf the one overnighthttps://thealgobench.com/strategies/vwap-ema11-nifty-futures/Mon, 09 Nov 2026 00:00:00 +0000https://thealgobench.com/strategies/vwap-ema11-nifty-futures/<h2 id="the-idea">The idea</h2> <p>Two lines on an intraday chart: <strong>VWAP</strong>, the day&rsquo;s volume-weighted average price, and <strong>EMA(11)</strong>, a fast moving average of the last eleven candles. A rule circulating among traders on social media combines them: when the fast average is above VWAP the day is &ldquo;bullish&rdquo;, so go long as soon as a candle closes above the average, and step aside when a candle closes back below it. The mirror image goes short. To avoid giving back a good day, stop trading after the first winning trade.</p>