Re: New Technical for intra trading
hi, have u back tested this strategy?
hi, have u back tested this strategy?
I planning to trade intraday trading as follows:
Starting the trade in @ 9.20 am using 5 min chart using candlesticks. Wait for 5 min only. Buy Nifty fut above the high of the cadlestick and keep the stop loss below low. After 5 min, i move the sl to low of the next candlestick. If sl triggered, sell 2 lots and keep sl loss above the high of the previous candle.
Seniors pls advice,
Starting the trade in @ 9.20 am using 5 min chart using candlesticks. Wait for 5 min only. Buy Nifty fut above the high of the cadlestick and keep the stop loss below low. After 5 min, i move the sl to low of the next candlestick. If sl triggered, sell 2 lots and keep sl loss above the high of the previous candle.
Seniors pls advice,