AP short strategy

This strategy generates sell signals in a trending market. The exit signals show weakness in the current trend and can also indicate reversal of the trend. If two signals are generated within a short span like between 10-12 candles with the price locked in a range, then it can be considered as a stronger signal.

The best parameters to use this strategy is on a 5 min time frame and the best time for the strategy is from morning 9:30 am to 2:30 pm.

This strategy can produce false signals in a sideways or choppy market. It works best on liquid stocks and high beta stocks.
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Didnt work on the indices (BN or nifty). gonna test tomorrow and see how this really works.
amlan970 rkvinay
Hi. This strategy uses volume as one of its parameters and hence won"t work on indices but you can use it on index futures. Kindly share your feedback.
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