This strategy is designed for Bank nifty and Nifty Indices on 5 min chart.This positional strategy ,go long when the long signal came and exit your buy position when sell signal generated by the strategy and again go short for next trade e g . when long signal came buy bank nifty 25 quantity ,book your profit or loss in next sell signal and again made SELL position with 25 quantity.
it is a non repainting strategy. this is just a breakout strategy and its accuracy is good. Slippages are not considered in the return.
Release Notes: In this update ,I added back test window, so you can easily back test strategy on monthly basis. This is positional strategy and works well on a 5 min time frame. Here I chn
Release Notes: IN this update,1 you can take only buy , only sell trade according to market condition ,or you can take both side trade. 2- Now you can set target and stop loss according to your risk appetite.
Release Notes: ADDED "LONG" "SHORT" AND "ALL"
Release Notes: Modify short side trade
Release Notes: minor update
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Sachin sir your whats app no please
+7 Reply
Sachin sir , I am getting 7t h august chart
+2 Reply
what are the best setting to use this indicator
+1 Reply
Sachin Bhaiya sign up hua he kese pata chalega kuch idea Nai aa raha he Muje
sincereLizard sahjanandbitumen
@sahjanandbitumen, whats app me
+4 Reply
lot of thanks sachin sir
@growmony, most welcome
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