image
image

created : 2 weeks ago| |  live deployment: 1

created : 2 weeks ago |  live deployment: 1

Nifty Pulse Strategy for Option buyers

Strategy description

Nifty RSI‐EMA‐ADX Confluence Strategy

This strategy runs on the Nifty spot chart via TradingView Pine Script, using RSI, EMA, and ADX alignment to pinpoint high-probability setups.


Performance Highlights

MetricValue
Backtest Period1 Jun 2021 – Present (4 years)
Total Profit₹ 21.6 Lakhs
Position Size150 qty (2 Nifty futures lots)
Win Rate38.4%
Risk-Reward1:3


Core Logic / Indicators Used

  1. RSI (Relative Strength Index): momentum filter
  2. EMA (Exponential Moving Average): trend confirmation
  3. ADX (Average Directional Index): trend-strength filter
  4. Entry Logic: multi-indicator alignment
  5. Exit Logic: stop loss or target on 1:3 RR

Risk Management

  1. Built-in stop loss and target per trade
  2. Low exposure to limit drawdown
  3. Consistent 1:3 risk-reward structure

Automation Setup

  1. Signal via TradingView Pine Script
  2. Execution through Tradetron webhook/API
  3. Works with any Tradetron-supported broker

Who Should Use

  1. Intermediate/advanced traders seeking systematic Nifty exposure
  2. Those favoring rules-based, data-driven strategies
  3. Traders aiming for long-term consistency

Final Notes

Past performance does not guarantee future returns. Please paper trade for a few days/weeks before live deployment and monitor performance closely.

image