Same with me..no position today...yesterday lost over 8k..so out of market and dont want to loose more...working on a new strategy just for intraday...today paper traded and on paper made a profit of 4K...back tested as well and it does work 80-85% of the time...sometimes it does hit the 1st target but sometimes not...i dont want to take full target..will trade with a small profit margin....it can be used anywhere actually...in equity also it worked well...futures and call not tested...probably this weekend...need to see if we can use VIX anywhere and predict the moves....
for EOD different technique which ashwani suggested..it works pretty well...