Trading Plan:

I want to trade like this. Use 5 min chart. Buy above 5 min bar breakout. Sl below bar low. Keep trailing the Sl on next bar lows. Is it worked out.?
Are not 10WMA - 21WMA cross-over with added support from MacD cross-over , MORE reliable and robust fro intraday and ATM option trades ?
.. I honestly think, these are more SOLID trade posibilities !! :)

Note: I was under impression that Algo trades are the arena of Computer Software expertise and done thru high end and fast processors with propietery fast Data Feeds from Stock Exchanges to some previlaged high networth customers only !


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