TREND FINDING METHOD -This strategy only for intraday

1) This strategy only on intraday trading...not for delivery or long time.

2) During use this strategy dont follow any news,tips or any other information

just follow the system ....


TREND FINDING METHOD


FRIST take the low price,open price,high price

example 1.

low price = 5971
open price = 5976
high price = 5987

now, count the different between Open - Low = 5
and Open - High =11.

so intra up trend ..

example 2.

low price = 5961
open price = 5976
high price = 5982

now, count the different between Open - Low = 15
and Open - High = 6.

so intra down trend.....

now u find the trend ...now go for stoploss method



STOPLOSS FORMULA

1) SL FORMULA FOR BUY POSITION 

BUY SL = {(OPEN - (OPEN = HIGH) - 1}
= (5976-(11)-1}
=(5965-1)

BUY SL IS = 5964.

NOTE:- if the sl hit reverse the position BUY to SELL...

2) SL FORMULA FOR SELL POSITION 

SELL SL = {OPEN + (OPEN = LOW) +1}
= {5976+(15)+1}
=(5991+1)

SELL SL IS = (5992)


NOTE:- if the sl hit reverse the position SELL to BUY...


TARGET FORMULA FOR BUY POSITION 

BUY TG = { OPEN + (SCRIPT OPEN PRICE * 0.75 %)}
= {5976 + (5976*0.75)}
=(5976+45)
=(6021)

TARGET FORMULA FOR SELL POSITION 

SELL TG= {OPEN-(SCRIPT OPEN PRICE * 0.75)}
=(5976 - (5976*0.75)}
=(5976-45)
=(5931)


NOTE:- THIS METHOD ONLY USE INTRADAY AND THE STOPLOSS MORE THEN 30 POINTS IN NIFTY DONT TRADE ....