perfect trading for intraday :
-----------------------------
indicators used :
-----------------
ema close 100
super trend 7-3
parabolic sar default settings
important rules :
-----------------
1. every day, new trading.. dont use any previous trend
for buy/sell
2. take fresh trend from 10 am (for commodity) and till
10 pm
3. no trade after 10 pm
4. trading time is purely user defined.
buy entry :
-----------
super trend must be buy trend
atleast one price candle must be opened,high,low and close completely
above ema 100
parabolic SAR must be uptrend
a bull candle OPEN = LOW, and if all the above are true, then take
a buy above the high of bull candle
stoploss :
----------
when a price candle touching parabolic SAR in bottom line, exit buy
or
when a valid reverse sell signal comes.. whichever comes first will be stoploss
sell entry :
-----------
super trend must be in sell trend
atleast one price candle must be opened,high,low and close completely
below ema 100
parabolic SAR must be downtrend
a bear candle OPEN = HIGH, and if all the above are true, then take
a sell below low value of that bear candle
stoploss :
----------
when a price candle touching parabolic SAR in upside, exit sell
or
when a valid reverse buy signal comes..
whichever comes first will be stoploss
-----------------------------
indicators used :
-----------------
ema close 100
super trend 7-3
parabolic sar default settings
important rules :
-----------------
1. every day, new trading.. dont use any previous trend
for buy/sell
2. take fresh trend from 10 am (for commodity) and till
10 pm
3. no trade after 10 pm
4. trading time is purely user defined.
buy entry :
-----------
super trend must be buy trend
atleast one price candle must be opened,high,low and close completely
above ema 100
parabolic SAR must be uptrend
a bull candle OPEN = LOW, and if all the above are true, then take
a buy above the high of bull candle
stoploss :
----------
when a price candle touching parabolic SAR in bottom line, exit buy
or
when a valid reverse sell signal comes.. whichever comes first will be stoploss
sell entry :
-----------
super trend must be in sell trend
atleast one price candle must be opened,high,low and close completely
below ema 100
parabolic SAR must be downtrend
a bear candle OPEN = HIGH, and if all the above are true, then take
a sell below low value of that bear candle
stoploss :
----------
when a price candle touching parabolic SAR in upside, exit sell
or
when a valid reverse buy signal comes..
whichever comes first will be stoploss
