SMS Trading Strategy
SMS Trading Strategy
SMS Trading Strategy
1. Position size
- Divide base capital in 3 parts and multiply each part by 2.
- Eg.: ₹ 1,00,000 : ((100000/3)*2) = 66000
- Divide the above value by stock CMP to get the position size.
- Maximum of 3 active positions at any given point.
- Super Position = Normal Position x 4
2. Trading sessions
- Morning session: 9:30 AM - 11:30 AM
- Afternoon session: 11:45 AM - 1:45 PM
- Closing session: 2:00 PM - 3:15 PM
- Ideal to open a position in the first 30 minutes of a session.
- Ideal trade duration is 30-45 minutes or up to the end of session.
ENTRY RULES
2. Candle with single side shadow (no up/lo) Bar color same as candle to trend / high bars
StochRSI in supporting overbought/sold region
3. Long single side shadow candle Bar color opposite candle to trend / small bars
EXIT RULES
2. Doji / spinning top candle of same color Bar color opposite candle to trend / small bars
StochRSI in opposite/middle region
3. Long single side shadow candle Bar color opposite candle to trend / small bars
PERFORMANCE CHECK