Strategy description

Strategy Description: BANK NIFTY Intraday Momentum Trading

This strategy is designed to trade the BANK NIFTY index on an intraday basis, using momentum and volume-based indicators to identify potential trading opportunities.

Traded Instrument:

BANK NIFTY (futures or spot, depending on your broker setup)

Timeframe:

1. Entry signals: Generated on 2-minute and 1-minute charts
2. Trading hours: Typically active between 9:20 AM to 3:15 PM IST

Risk Management:

1. Positions: Closed before market close to avoid overnight risk.
2. Stop loss: Built-in to manage both small reversals and sharp trend changes.
3. Exit rules: Dynamic exits based on price action and volume indicators.

Important Notes:

1. This is an intraday-only system; no overnight positions are carried.
2. The strategy adapts to both trending and range-bound conditions by combining price action and volume signals.

Disclaimer:

This strategy is intended for educational and informational purposes only. It does not constitute investment advice or a recommendation to buy or sell any financial instrument. Please understand that all trading involves risk, and past performance does not guarantee future results. While the strategy has been developed and tested for reliability, factors such as market volatility, broker execution, internet connectivity, and platform stability can affect live performance. It is strongly recommended to first run this strategy in paper trading mode before deploying it live, to understand its behavior and assess suitability for your risk profile. Additionally, users are advised to maintain sufficient additional margin in their account to avoid margin shortfalls and to regularly monitor the strategy while it is running. Users are solely responsible for their trading decisions.