3 Parameter Strategy is a very powerful strategy based on 3 indicators.
This strategy works best with Daily Candlestick Charts
It can be traded with different styles of entry and exit.
Instruments
Indicatos Used:
This strategy works best with Daily Candlestick Charts
It can be traded with different styles of entry and exit.
Instruments
- Futures
- Cash
Indicatos Used:
- Bollinger Band
- MACD
- RSI
Comentarios:
Trading Rules
Futures:
- Enter at the open price on the next trading session.
- Stoploss for aggressive traders: Low of the signal candle on closing.
- Stoploss for positional traders: Below to the 20 periods of simple moving average on closing.
- Method1: Exit on the 3rd trading session at closing.
- Method2: Exit with the trailing stoploss.
Futures:
- Set a target of Rs 15000 and place a stoploss of Rs 5000
All 3 parameters must be matched for the Bullish as well as Bearish moves.
Bullish (Buy Trade)
Bearish (Short Trade)