More from Van Ilango (JustNifty)
You could follow "#Movingaverages Trading system with 2 MA (13 & 21Sma)" in simple way or add 1 or 2 additional strategies
Simple: When 13 moves above 21 in "15 Minute t/f for Intraday only", BUY
When 13 moves below 21 in "15 Minute t/f for Intraday only", SELL as in a SAR system
Addl.strategy: When prices move far from MA, say 150 to 200 pts, "Part book" & re-enter when prices pull back to MA
Choose to do this way 1 or 2 times only for intraday
Idea is "Mean Reversion" - Prices tend to move back to MA IF they move far away from MA in a trending phase.๐
Simple: When 13 moves above 21 in "15 Minute t/f for Intraday only", BUY
When 13 moves below 21 in "15 Minute t/f for Intraday only", SELL as in a SAR system
Master just one doubt about the re-entry part
— Sunny Singh (@SurendraSinghJi) February 10, 2022
You mentioned to re-enter at 17430 levels.
How to initiate the trade at the lowest point when the candle is in the formation mode.
Is it that when the price touches 21ma we should entry longs till 13ma is above 21ma.
Show path \U0001f64f
Addl.strategy: When prices move far from MA, say 150 to 200 pts, "Part book" & re-enter when prices pull back to MA
Choose to do this way 1 or 2 times only for intraday
Idea is "Mean Reversion" - Prices tend to move back to MA IF they move far away from MA in a trending phase.๐
