Ema System Ajeet v1.0This is a 5 min, Trend following system
using two Ema's: 20 and 50
Probability of hitting the target is high when both Ema's are:
Rising and almost parallel, for Buying
Falling and almost parallel, for Selling
This will decrease the number of entries but probability of hitting the target is 88%
(Tested on 8 months data for FnO scrips cash on 5 mins data)
Target fixed at 1% or you can trail
SL fixed at 1% or you can take close above Ema20 as stop for buying and vice versa
I tested it on FnO stocks Nseindia with 5 mins chart, you are free to explore
-Ajeet Singh
Noloss
Intraday Buy/Sell signals for CrudeoilHi Everyone,
This is higly tuned intraday Buy/Signal generator for Crudeoil. It works on any time frames below 30 mins. But, the best setting is 15 mins.
How to use:
1. Just, apply this strategy to your crudeoil WTI instrument
2. Set your time frame to 15 mins
3. Buy the instrument whenever buy signal generates / Sell the intrument whenever buy singal generates
4. Strategy itself has 0.5% stop loss generating signals. But, create stop loss of 0.5% after buying/selling the instrument
5. Finally, whenever close signals triggers, just close the trade.
Note: Please try with only one lot at the beginning. If everything goes well after testing, mulitple lot can be used.
Disclaimer:
This strategy is for testing purpose only. Any profit/loss to the user's capitla is subject to market risk. And, the creator of this script is no where responsible.