First Candle VWAP Body Breakout

Bullish: First Candle VWAP Body Breakout\n\nSTRATEGY DESCRIPTION:\nIdentifies stocks showing strong bullish intent from the very first candle after market open. The setup requires the first candle (9:15 AM) to be bullish (Close > Open), VWAP to lie inside the candle body (Open < VWAP < Close), and EMA7 to be below VWAP (short-term moving average below volume-weighted average). A breakout above the first candle high signals continued buying momentum and generates a bullish entry signal.\n\nCORE LOGIC (Step by Step):\n\nSTEP 1: Identify the First Candle\nMonitor the first market candle (9:15 AM candle).\n\nSTEP 2: Bullish Candle Requirement\nThe first candle must be green.\nCondition: Close > Open\n\nSTEP 3: VWAP Position Check\nVWAP must lie inside the body of the first candle.\nCondition: Open < VWAP < Close\n\nSTEP 4: EMA Confirmation\nEMA 7 must be below VWAP.\nCondition: EMA7 < VWAP\n\nSTEP 5: Breakout Confirmation\nPrice breaks above the High of the first candle.\nCondition: Current Price > First Candle High\n\nSignal Generation:\nGenerate a Bullish Signal when all conditions are satisfied.\n\nKEY INSIGHTS:\n- VWAP inside first candle indicates institutional alignment with the move\n- EMA7 < VWAP shows short-term EMA is below volume-weighted average\n- Breakout above first candle high confirms continued buying pressure\n- Early entry opportunity at the start of the trading session