Awesome Strategy

STATE BK OF INDIANSE

설명

⋅ 2021년 5월 21일 오후 1시 38분

This is combination of 3 Indicators, available on trading View, which is best use for Indian Indices.
Heikin Ashi ( 15 minutes Time frame )
Supertrend (4,2)
RSI (14) Overbought 55 , Oversold 45
SMII ( 15,8,4 )

......................................................................................................

Buy
When 3 conditions satisfied
1.Supertrend shows bullish signal.
2. RSI is above 55.
3. SMII is showing Bullish Crossover.

Book Profit
1. When Supertrend turns Red.
2. RSI is in 70-100 range.

.....................................................................................................

Sell
When 3 conditions satisfied
1. Supertrend Shows Bearish signal.
2. RSI is below 45.
3. SMII is showing Bearish Crossover.

Book profit
1. When Supertrend get red.
2. RSI is in 00-30 range.

Just use this simple strategy and make money.

Thanks,
Manohar Bauskar

코멘트

⋅ 2021년 5월 21일 오후 1시 41분

It works on Higher Time frames as well. 15 Minutes Time frame recommended for option traders. Equity traders can use this on Higher time frames.

코멘트

⋅ 2021년 5월 21일 오후 2시 6분

Sorry For TYpo. Sell> Book Profit > When Supertrend Shows Bullish Signal.

Technical Indicators

코멘트

Kapil-Mittal

⋅ 2021년 5월 21일 오후 2시 13분

Can you please share the exact supertrend indicator Inputs?

manoharbauskar

⋅ 2021년 5월 21일 오후 2시 16분

@ikapilmittal, Supertrend Made by KivancOzbilgic, ATR period 4, Source Close, ATR Multiplier 2.

Kapil-Mittal

⋅ 2021년 5월 21일 오후 2시 33분

@manoharbauskar, I'm unable to backtest this on Streak since it doesn't have SMII indicator. Can you suggest some way out?

manoharbauskar

⋅ 2021년 5월 21일 오후 2시 36분

@ikapilmittal, I already tested it on Streak, Sorry to say, Streak is useless platform for innovative traders. Better use this strategy manually on Trading View.

manoharbauskar

⋅ 2021년 5월 21일 오후 2시 41분

@ikapilmittal, Instead of SMII, You can use Stochastic Momentum Index with default settings on Streak. I had such many ideas, But Streak is like useless platform. It don't have Pine Editor so we can put source code and Build own strategy. Algo Trading, Innovative ideas still far away from Indian traders.

Kapil-Mittal

⋅ 2021년 5월 21일 오후 2시 43분

@manoharbauskar, Yes I have high hopes from streak in future. The biggest factor could be that we still lack a mature market for such products

manoharbauskar

⋅ 2021년 5월 21일 오후 2시 54분

@ikapilmittal, agree.

manoharbauskar

⋅ 2021년 5월 21일 오후 1시 46분

@manoharbauskar, This is Nifty Chart. Clear Buying signal when RSI crossed 55 , Supertrend turned green, SMII gave crossover after Today's opening.