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 to use
Timeframes : 15 Minute
Timeframes : 15 Minute
Pairs : Indian Stock (Future Script)
Indicators: Supertrend (7,3)
Buy Rules
Chartink Screener for Buying scripts
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
Day first 15 minute candle low
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Sell Rules
Chartink Screener for Selling scripts
1. Entry Point:
Check day first 15 minute candle appear red supertrend indication
Either 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
day First 15 minute candle High
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| KSCL_1st_June_2018 |
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| Pidilite_1st_June_2018
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Risk Disclaimer
All information is for educational purposes only. Nothing should be considered as a buy or sell recommendation. The risk of loss in trading stocks, commodity futures and options is substantial. Before trading, you should carefully consider your financial position to determine if trading is appropriate. When trading stock, futures or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Past performance is not necessarily indicative of future results. This email may is a paid advertisement. It could be for a product or service that is not offered, recommended or endorsed by Stock Alphabets and neither the company nor its affiliates bear responsibility or control over the content of the advertisement and the product or service offered. Proceed at your own risk.
The information and material contained in these pages and the terms, conditions, and descriptions that appear are subject to change without prior notice. Investments in equity shares, debentures etc, are not obligations of or guaranteed by the Stock Alphabets, and are subject to investment risks.
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I know this article is targeted at beginners, but I think it's a great reminder for experienced traders as well, who sometimes forget the basics when they are focusing on more complicated strategies. Thanks! Great refresher!
ReplyDeleteI thought I would say hi outside the forum as well:)
ReplyDeleteThank you so much for these articles on top of your great watchlists in the course. This one especially has really got me thinking, especially in terms of managing trades – might not time be a great confluence factor for a target as well as helping provide more confidence in trade management? Another successful month this month and cannot wait to try out these circles for real next month!
Thanks again,
All the best,