Awesome Strategy
Updated
This is combination of 3 Indicators, available on trading View, which is best use for Indian Indices.
Heikin Ashi ( 15 minutes Time frame )
Supertrend (4,2)
RSI (14) Overbought 55 , Oversold 45
SMII ( 15,8,4 )
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Buy
When 3 conditions satisfied
1.Supertrend shows bullish signal.
2. RSI is above 55.
3. SMII is showing Bullish Crossover.
Book Profit
1. When Supertrend turns Red.
2. RSI is in 70-100 range.
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Sell
When 3 conditions satisfied
1. Supertrend Shows Bearish signal.
2. RSI is below 45.
3. SMII is showing Bearish Crossover.
Book profit
1. When Supertrend get red.
2. RSI is in 00-30 range.
Just use this simple strategy and make money.
Thanks,
Manohar Bauskar
Heikin Ashi ( 15 minutes Time frame )
Supertrend (4,2)
RSI (14) Overbought 55 , Oversold 45
SMII ( 15,8,4 )
......................................................................................................
Buy
When 3 conditions satisfied
1.Supertrend shows bullish signal.
2. RSI is above 55.
3. SMII is showing Bullish Crossover.
Book Profit
1. When Supertrend turns Red.
2. RSI is in 70-100 range.
.....................................................................................................
Sell
When 3 conditions satisfied
1. Supertrend Shows Bearish signal.
2. RSI is below 45.
3. SMII is showing Bearish Crossover.
Book profit
1. When Supertrend get red.
2. RSI is in 00-30 range.
Just use this simple strategy and make money.
Thanks,
Manohar Bauskar
Note
It works on Higher Time frames as well. 15 Minutes Time frame recommended for option traders. Equity traders can use this on Higher time frames.Note
Sorry For TYpo. Sell> Book Profit > When Supertrend Shows Bullish Signal.
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