About Scanner – VWAP & Multi-Timeframe EMA Bearish Scalping Strategy

This strategy identifies stocks showing strong intraday bearish momentum by combining VWAP–EMA crossover, multi-timeframe EMA signal, and volume confirmation.

Strategy Description -

• Latest tick close price is below the latest tick open price, indicating selling pressure on the current tick.


• VWAP on the 5-minute timeframe has crossed below the 20-period EMA on the 5-minute tick, signaling a bearish intraday momentum shift.


• Latest tick volume is higher than the previous (P-1) tick volume, showing increasing participation from sellers.


• Current tick volume is greater than the 20-tick average volume, confirming strong participation.


• Close price below the 20-period EMA on the 5-minute tick, confirming intraday downtrend strength.


• Close price is below the 20-period EMA on the 1-minute tick, ensuring lower-timeframe confirmation for scalping entries.


• 9-period EMA below the 20-period EMA on the 5-minute tick, indicates short-term bearish momentum.

Additional Considerations -

• Timeframe: Works best on 1-minute and 5-minute ticks for intraday scalping.


• Ideal Market Sessions: Most effective during 9:20–10:30 AM and 1:45–3:00 PM.


• Avoid Sudden Spikes: If there’s a huge price move in the last two to four ticks, stay cautious as volatility may fade quickly.


• Volume Confirmation: Monitor volume closely - Momentum is trustworthy when supported by good volume.


• Avoid Choppy Markets: Skip trades if VWAP and EMA cross frequently without clear direction.


• Filter Stocks: Apply this strategy to your favorite stock basket or your watchlist.

Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option

Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.