VWAP + RSI + MACD Strategy + Risk Management

// TradingView Pine Script for VWAP + RSI + MACD Strategy with Risk Management
//version=5
indicator("VWAP + RSI + MACD Strategy + Risk Management", overlay=true)

// VWAP Calculation
vwap_value = ta.vwap
plot(vwap_value, title="VWAP", color=color.blue, linewidth=2)

// RSI Calculation
rsi_length = 14
rsi_value = ta.rsi(close, rsi_length)
plot(rsi_value, title="RSI", color=color.purple, linewidth=2)

// MACD Calculation
[macdLine, signalLine, _] = ta.macd(close, 12, 26, 9)
macdBullish = ta.crossover(macdLine, signalLine)
macdBearish = ta.crossunder(macdLine, signalLine)

// Entry Conditions
bullish_signal = ta.crossover(close, vwap_value) and rsi_value > 50 and macdBullish
bearish_signal = ta.crossunder(close, vwap_value) and rsi_value < 50 and macdBearish

// Stop-Loss Conditions (Risk Management)
stop_loss_long = close < vwap_value // Exit long if price drops below VWAP
stop_loss_short = close > vwap_value // Exit short if price rises above VWAP

// Alerts for Buy/Sell Signals
alertcondition(bullish_signal, title="Bullish Entry", message="Price above VWAP, RSI > 50, MACD Bullish")
alertcondition(bearish_signal, title="Bearish Entry", message="Price below VWAP, RSI < 50, MACD Bearish")
alertcondition(stop_loss_long, title="Exit Long", message="Price dropped below VWAP - Consider exiting long position")
alertcondition(stop_loss_short, title="Exit Short", message="Price rose above VWAP - Consider exiting short position")

// Background Highlighting
bgcolor(bullish_signal ? color.green : bearish_signal ? color.red : na, transp=85)