created : 1 year ago| | live deployment: 0
Strategy description
Take Position when Condition 1 or 2 or 3 or 4 criteria matches
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Set 1 - For Call
Condition 1 (All Condition should match) - 5 Min time frame
************
Activates after 9:25 AM- 10:30 & 11:30-3:15 PM
5 Min Close is greater than or equal to Previous Day High
5 Min Close is greater than 5 Minute EMA (Close, 200)
5 Min Close is greater than 5 Minute VWAP
5 Min Close is greater than 5 Minute EMA (Close, 5)
OR
Condition 2 - 5 Min time Frame
************
Activates after 9:20 AM
5 Min Close Touches/Crosses/Equal ORB Low
OR
Condition 3:
************
Activates after 9:15 AM
Open = Low
OR
Condition 4 (5 Min time Frame)
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Activates after 9:25 AM
5 Min Close crosses above 14 EMA
Exit Condition:
Condition 1: (Works Between 9:25-3:15)
Latest 5 Min Close crosses below 14 EMA
OR
Condition 2 ( Works Between 9:15-9:45)
When 5 Min Candle Touches/Crosses/Equals to ORB High
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Set 2 - For Put
Condition 1 (All Condition should match) - 5 Min time frame
************
Activates after 9:25 AM- 10:30 & 11:30-3:15 PM
5 Min Close is less than or equal to Previous DayLow
5 Min Close is less than 5 Minute EMA (Close, 200)
5 Min Close is less than 5 Minute VWAP
5 Min Close is less than 5 Minute EMA (Close, 5)
OR
Condition 2 - 5 Min time Frame
************
Activates after 9:20 AM
5 Min Close Touches/Crosses/Equal ORB(920 - 945) High
OR
Condition 3:
************
Open = High
Activates after 9:15 AM
OR
Condition 4 (5 Min time Frame)
************
Activates after 9:25 AM
5 Min Close crosses below 14 EMA
Exit Condition:
Condition 1: (Works Between 9:25-3:15)
Latest 5 Min Close crosses above 14 EMA
OR
Condition 2 (Works Between 9:15-9:45)
When 5 Min Candle Touches/Crosses/Equals to ORB Low
Universal Exit Condition
Trailing SLOP Loss - by 30 Points
Or
SL -1500
6:04
Universal EXIT - TSL logic
Activate at 1500, Trail by 1500, Increased by 1500
