our opnining range brakeout statergy
market opens 9.15am take high low of first 15min three 5min candel high low at [login to view URL] on 9.45 am half hour brakeout
niftyfut or stock if brake first 15min high its long side brake out.
if brake low of first 15 min its short side brake out.
"use of this stat"
i automatic scan market every 5 min.
this scan i want to show me which stock yet not brkeout its opning range high or low.
it also shows me which stock allredy brake opning range.
very importent point of this statergy show below .
1)our leding indicator is niftyfut if nifty fut brake high on long side then we take only long side brakeout trade of stocks. not trade any short side brake out.
2)when we open any stock chart or bankniftyfut chart on topright side show me our leading indicator if leding indicator brake up side it shows big up blue arrow with text market trend up.
3)show same things on short side.
4)for long side days low is [login to view URL] short days high is stoploss.
exit only one 3.15pm or stoploss hit. backtest on this two exit only
Hi,
Thanks for inviting me to work with you again. This can be completed in 2 days time and we can find how many times a scrip moves X points after breakout just like we did in the 4 bar setup afl, manually adjusting the targets.
Thanks and regards
$30 USD in 3 days
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