Kim Lisa – A+ Rejection System (EMA48 + VWAP + TrendSlope)

Overview
The A+ Rejection System is a price-action–based strategy designed to identify high-quality reversal or continuation setups at dynamic support and resistance levels.
It combines the EMA48, VWAP, and a TrendSlope filter to detect moments where price interacts with these levels and immediately rejects them with strong wick-based candles.

This strategy focuses on clean market structure, dynamic levels, and wick dominance — without relying on repainting logic or lagging confirmation indicators.

🔍 How the Strategy Works
1. Dynamic Levels

The strategy uses two key dynamic levels:

EMA48 – short-term dynamic support/resistance

VWAP – volume-weighted mean price, used as institutional value anchor

Price must touch either EMA48 or VWAP for a valid setup.

2. TrendSlope Requirement

The touched level must show an actual slope:

Positive or negative slope is allowed

Flat levels are filtered out (no trades when EMA48 or VWAP is horizontal)

This avoids trading low-quality setups during sideways markets.

3. Rejection Candle Requirements

A valid rejection candle must show:

A clear wick dominance against the level

Body closing away from the level

For buys: strong lower wick + bullish close

For sells: strong upper wick + bearish close

This identifies strong rejection behavior with orderflow imbalance.

4. Trend Filter

Instead of using a traditional EMA200 filter, the strategy uses:

Price above VWAP → only long setups

Price below VWAP → only short setups

This allows adaptive trend following in both high- and low-volatility environments.

5. Time Filters (Europe Sessions)

Trades are allowed only during:

07:15–13:00 (German morning session)

14:00–18:00 (German afternoon/NY overlap)

This avoids low-volume overnight trading.

6. Order Placement

For every valid signal:

Entry:

Long: buy stop above candle high

Short: sell stop below candle low

Stop-Loss:

Based on rejection candle high/low

Take-Profit:

Fixed Risk-to-Reward 1:2

No pyramiding is used.

📊 What This Strategy Aims to Capture

This strategy is designed to capture:

Rejections at dynamic institutional levels

Pullback entries in ongoing trends

Liquidity sweeps into EMA/VWAP followed by reversal

Momentum bursts after failed retests

It works particularly well on:

XAUUSD

Indices (NAS100, SP500, DAX)

Forex majors

Futures micro contracts

⚠️ Important Notes

This script does not repaint.

Past performance does not guarantee future results.

Optimizing RR, time windows, and wick-strength criteria may improve performance depending on the market.