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created : 3 weeks ago| |  live deployment: 2

created : 3 weeks ago |  live deployment: 2

TradeIQ weekly Option

Strategy description

  Technical Confluence of the Strategy

This strategy operates on the Nifty/Sensex spot chart at 15 Mints TF via TradingView Pine Script, MACD indicators and zig-zag pattern to identify MSS.



Core Logic / Indicators Used

  1. RSI: Momentum filter to avoid overbought/oversold traps
  2. MACD: Trend confirmation and entry filtering
  3. Time Frame: 15 Mints T F used to capture right trade/average 55 trades in a Month
  4. Entry Logic: Multi-indicator alignment
  5. Exit Logic: SL or target hit based on 0.2% of trailing SL or MSS

Risk Management

  1. Stop Loss: Defined per trade
  2. Target: 3× stop loss
  3. Drawdown Control: Low exposure per trade

Profit Potential

  1. Avg Monthly Profit: 12%–25% over 4+ weeks live
  2. RR Ratio: 1:3 maintained

Automation Setup

  1. Signal Generation: TradingView Pine Script
  2. Execution: Tradetron via webhook/API

Who Should Use

  1. Intermediate to advanced traders seeking systematic exposure to Nifty and Sensex
  2. Those preferring rules-based, data-driven strategies
  3. Traders aiming for long-term consistency rather than high-frequency entries

Final Notes

Past performance does not guarantee future returns. Deploy on paper trading for a few days/weeks before going live, and monitor performance closely.

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