# 2SD VWAP Trading System Checklist

## Setup Process

### 1. Initial Setup
- [ ] Open TradingView
- [ ] Create two charts side by side
- [ ] Left: ES1! 15-minute
- [ ] Right: BTC/USDT 15-minute
- [ ] Clear all existing indicators

### 2. Add Indicators
- [ ] Add VWAP (standard settings)
- [ ] Add 2SD bands (using code provided)
- [ ] Add ATR (14 period)
- [ ] Make VWAP blue, upper band red, lower band green
- [ ] Verify indicators are updating correctly

### 3. Alert Setup
- [ ] Create band touch alert (upper)
- [ ] Create band touch alert (lower)
- [ ] Set alerts to 'Once Per Bar'
- [ ] Include ATR value in alert message
- [ ] Test alerts are working

## Trade Process

### Pre-Trade Checklist
- [ ] Alert received
- [ ] Check which band was touched
- [ ] Note current ATR value
- [ ] Calculate position size (Risk/ATR)
- [ ] Verify pattern exists:
    - [ ] Price touched band
    - [ ] Clear rejection visible
    - [ ] Room to VWAP exists

### Trade Execution
- [ ] Enter after rejection confirms
- [ ] Place stop beyond rejection point
- [ ] Set target at VWAP
- [ ] Record entry details:
    - [ ] Entry price
    - [ ] Position size
    - [ ] Stop level
    - [ ] Target level
- [ ] Monitor for pattern break

## Quick Reference

### Long Setup 🟢
* → Touch lower band
* → Rejection upward
* → Target: VWAP
* → Stop: Below rejection

### Short Setup 🔴
* → Touch upper band
* → Rejection downward
* → Target: VWAP
* → Stop: Above rejection

## Position Sizing Formula
```
Position Size = Account Risk / Current ATR
Example:
- Risk: $100
- ATR: $2.50
- Position = $100/$2.50
```

## Pattern Requirements
1. Clean move to band
2. Clear rejection
3. Room to VWAP
4. No pattern = No trade

## Remember
* Pattern exists or doesn't - no maybes
* Use ATR for position sizing only
* Exit at VWAP or pattern break
* Keep it simple

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Note: Check all boxes ([ ]) as you complete each step. Reset checklist for each new trading session.