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created : 1 week ago| |  live deployment: 1

created : 1 week ago |  live deployment: 1

Real wealth Silvermic 02

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Strategy description

Strategy Creator Overview


Important Information

  1. After subscribing to please, 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 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.


Key Parameters

ParameterDetails
Strategy initiationPlace orders from 09:16 am to 10:30 pm based on predefined conditions.
Capital20000 to 25000 Rs
DirectionalityThis is a completely directional Intra day strategy: trades are taken only when the market bias or trend analysis indicates (15 mnt time frame) an upward or downward move.


Profit booking

Profits are booked whenever the exit condition is met.

  1. A maximum stop loss of Rs 350 per lot is set.
  2. As the price moves in the direction of entry, the stop loss is moved further.

Restart

The strategy automatically restarts after 15 mnt when trade closed.

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