What is Rule Based Trading ?
In rule based trading you donโt take trades based on what you think is going to happen , rather depend on data to tell you what can probably happen.
2/16
Indicator Setting
(Refer Pics)
๐ญ.๐๐ ๐:
Use 21 Period on 5 min time frame
๐ฎ. ๐ฆ๐๐ฝ๐ฒ๐ฟ๐๐ฟ๐ฒ๐ป๐ฑ ( ๐ฑ, ๐ฐ.๐ฑ )
4/16
๐๐๐ ๐ฅ๐๐น๐ฒ๐
Time Frame: 5 min
Buy only when :
Banknifty is above 21 ema
Supertrend gives buy and candle closes above supertrend
Enter on next candle opening
Volume>20 MA on Supertrend Buy Signal
Take Entry only from 9:20 to 3:15
Max 2 Entries per day
5/16
Pic 1 . Sideways Market
Pic 2 . When not to take a trade ?
Pic 3 . M2M Stoploss Hit
Pic 4. Long Short in single day
6/16
๐๐ ๐ถ๐ ๐ฅ๐๐น๐ฒ๐
Stoploss is 6500 Rs Per lot or Closing below supertrend
Target 20,000 Rs
We do not take buy trades if already the supertrend is green on day open .
We only take trades when there is fresh signal on a particular day
7/16
๐ฆ๐ฒ๐น๐น ๐ฅ๐๐น๐ฒ๐
Time Frame: 5 min
Sell only when
Banknifty is Below 21 ema
Supertrend gives Sell and candle closes below supertrend
Enter on next candle opening
Volume > 20 MA on Supertrend sell Signal
Take Entry only from 9:20 to 3:15
8/16
๐๐ ๐ถ๐ ๐ฅ๐๐น๐ฒ๐
Stoploss is 6500rs Per lot or Closing above supertrend
Target 20,000
We do not take sell trades if already the supertrend is green on day open . We only take trades when there is fresh signal on a particular day
Max 2 entries per day
9/16
Pic 1 : Multiple Trades
Pic 2 : Trade not Taken on next day as fresh signal was not generated
Pic 3 : Trades explained
10/16
๐๐๐บ๐๐น๐ฎ๐๐ถ๐๐ฒ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐ ๐ผ๐ณ ๐๐ผ๐ป๐ด ๐ฎ๐ป๐ฑ ๐ฆ๐ต๐ผ๐ฟ๐ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ ๐ฉ๐ ๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ถ๐๐ฒ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐ ๐ฉ๐ ๐๐ผ๐ป๐ด/๐ฆ๐ต๐ผ๐ฟ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐
Starting Capital : 2.5 Lakh
Profit : 7 Lakh in 3 years
11/16
If you want the ๐๐ป๐ฑ๐ถ๐ฐ๐ฎ๐๐ผ๐ฟ that gives the correct buy and sell signals on ๐๐ณ๐ข๐ฅ๐ช๐ฏ๐จ๐ท๐ช๐ฆ๐ธ based on the above logic
๐ฅ๐ฒ๐๐๐ฒ๐ฒ๐ the first Tweet and Watch the video to understand the strategy better !
15/16
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16/16
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