Strategy description

Strategy Description: Intraday Breakout Strategy in Stock Derivatives

This strategy focuses on intraday breakout opportunities in STOCK DERIVATIVES, using a combination of price action, momentum, and volume-based indicators to time entries and exits.

Precaution:

Please first deploy this strategy in paper trading mode. Proceed to live deployment only after you are fully satisfied with its performance and behavior during paper trading.

Traded Instrument:

STOCK DERIVATIVES - SELECTED 40 STOCKS (using 3 sets)

Timeframe & Timing:

1. Signals evaluated: Primarily based on 5-minute charts
2. Trading allowed: After 09:15 AM IST

Risk Management & Position Limits:

1. Maximum positions: One open position at a time in a single set, open position may vary depending on market conditions.
2. Automatic exits: Triggered on momentum reversals or predefined price levels.

Important Notes:

1. This is an intraday strategy; no overnight positions are carried.
2. The system is designed to capture short-term breakouts with strong risk management using a combination of price, volume, and trend indicators.

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.