This SuperTrend day trading strategy is a simple trading strategy & its easy to spot the signal of SuperTrend green or red and also has simple trading rules which stock traders can find easy 2 use
Timeframes : 15 Minute
Pairs : Indian Stock (Future Script)
Indicators: Supertrend (7,3)
Buy Rules
1. Entry Point:
Check day first 15 minute candle appear green supertrend indication
check if open = Low or Check last two days Higher high &Lower High(HH,LH)
Mark 15 minute candle high point break then go for long
2.Target Point
Script 1% target
3. Stoploss
Sell Rules
1. Entry Point:
-Check day first 15 minute candle appear red supertrend indication
- if open=high or Check last two days Higher Low & Lower low (HL,LL)
-Mark 15 minute candle Low point break then go for short
2. Target Point
Script 1% target
3. Stoploss
0 on: "Supertrend (30th August 2017)"