Strategy description

Strategy Creator Overview

Important Information

1. After subscribing, do a forward test on paper trade for at least 15 to 20 days. Only then will you understand how this strategy works and how much risk is taken for profit generation.
2. On the day when MCX market opens at 1700 hrs, you have to go live only after 1730 hrs on that day.

Strategy Initiation

1. Orders are placed from 09:45 AM to 10:30 PM based on predefined conditions.
2. Capital Requirement: ₹20,000 to ₹25,000
3. Directionality: This is a completely directional intraday strategy: trades are taken only when the market bias or trend analysis (5-minute timeframe) indicates an upward or downward move.

Profit Booking

1. Profits are booked whenever the exit condition is met, provided the gain is at least ₹200.
2. A maximum stop loss of ₹350 per lot is set.
3. As the price moves in the direction of entry, the stop loss is moved further.

Restart

1. The strategy automatically restarts after 15 minutes once a trade is closed.