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    ST (10,1.2) & VWAP Strategy

    Uploaded by

    Vinay H. B.
    This document outlines a strategy for trading Bank Nifty futures using the Super Trend indicator and VWAP. It describes the entry and exit rules, including examples. Signals are generated when the Super Trend line is crossed and the candle is above or below the VWAP. Positions are held until the close of the 15:15 candle or an opposite signal appears. Various criteria are provided to filter out undesirable trades. Backtesting showed the strategy to be effective.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    ST (10,1.2) & VWAP Strategy

    Uploaded by

    Vinay H. B.
    438 views20 pages
    This document outlines a strategy for trading Bank Nifty futures using the Super Trend indicator and VWAP. It describes the entry and exit rules, including examples. Signals are generated when the Super Trend line is crossed and the candle is above or below the VWAP. Positions are held until the close of the 15:15 candle or an opposite signal appears. Various criteria are provided to filter out undesirable trades. Backtesting showed the strategy to be effective.

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    ST(10,1.2) & VWAP Strategy

    Original Title

    ST(10,1.2) & VWAP Strategy

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    This document outlines a strategy for trading Bank Nifty futures using the Super Trend indicator and VWAP. It describes the entry and exit rules, including examples. Signals are generated when the Super Trend line is crossed and the candle is above or below the VWAP. Positions are held until the close of the 15:15 candle or an opposite signal appears. Various criteria are provided to filter out undesirable trades. Backtesting showed the strategy to be effective.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    438 views20 pages

    ST (10,1.2) & VWAP Strategy

    Uploaded by

    Vinay H. B.
    This document outlines a strategy for trading Bank Nifty futures using the Super Trend indicator and VWAP. It describes the entry and exit rules, including examples. Signals are generated when the Super Trend line is crossed and the candle is above or below the VWAP. Positions are held until the close of the 15:15 candle or an opposite signal appears. Various criteria are provided to filter out undesirable trades. Backtesting showed the strategy to be effective.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 20
    At a glance
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    The key takeaways are that this document outlines a trading strategy for Bank Nifty futures that uses the Super Trend and VWAP indicators to determine entry and exit signals along with various rules and examples.

    The indicators used in this strategy are the Super Trend (10,1.2) and VWAP.

    The entry rules are to buy above the high of a signal candle if it is above the VWAP and sell below the low of a signal candle if it is below the VWAP.

    11/1/2019

    STRATEGY ON BANK NIFTY


    FUTURE:
    1 Prepared by,
    Vinay Shetty
    01/11/2019
    INDICATORS USED:
    1. SUPER TREND(10,1.2)
    2. VWAP STRATEGY

    11/1/2019
    2
    ENTRY RULES:

    11/1/2019
    Super trend triggered signal called as a Signal
    candle.
    1. Buy condition: Buy above the high of the SC, if
    the location of SC is above VWAP.
    2. Sell condition: Sell below the low of the SC, if
    the location of SC is below the VWAP.

    3
    EXAMPLE FOR POINT NO 1

    11/1/2019
    4
    EXAMPLE FOR POINT NO 2

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    5
    CUSHION POINTS:

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    1. High/low of the at least next 2 candles of the
    Signal candle should breach.
    2. If first 2 candles having the same color and
    having higher-high and lower-low formation,
    then at the breach of the high/low of the 09:20
    candle, a trade can be initiated.
    3. If SC appears at 09:15 candle itself, then wait
    for the 09:20 candle to form and take a trade at
    the breach of high/low of the 09:20 candle.
    4. If the immediate next candle close breaches the
    VWAP, even though SC appears above/below
    6
    the VWAP can be taken.
    EXAMPLE FOR POINT NO 1

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    7
    EXAMPLE FOR POINT NO. 2

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    8
    EXAMPLE FOR POINT NO. 3

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    9
    THE TRADES WHICH ARE TO BE AVOIDED

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    1. If the range of the Signal/Trade to be taken candle is
    more than 170 points.
    2. Do not take trades at or after 14:50 hrs.
    3. If the next candle after SC candle doesn’t close
    above/below the VWAP.
    4. If the Signal candle direction is opposite to that of
    the VWAP zone ness.
    5. If the SC appears at 09:15 candle, then wait for 09:20
    candle. If the 9:15 candle high/low is not broken in
    the immediate next candle, then ignore the trade.
    10
    EXAMPLE FOR POINT NO. 1

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    11
    EXAMPLE FOR POINT NO. 2

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    12
    EXAMPLE FOR POINT NO. 3

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    13
    EXAMPLE FOR POINT NO. 4

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    14
    EXAMPLE FOR POINT NO. 5

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    15
    STOP LOSS & TRAILING STOP LOSS:

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    1. Initial stop loss is at the highest/lowest point of the
    direction of super trend arrow.
    2. Stop loss is the previous swing of the narrow range of
    ST(10,1.2), narrow range at least have for 3 candle
    and the diff btwn latest and last swing to be more
    than 30 pnts.
    3. Exit the position, if the opposite signal candle
    appears.
    4. Close the position at the close of 15:15 candle.

    16
    EXAMPLE FOR POINT NO. 1

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    17
    EXAMPLE FOR POINT NO. 2

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    18
    EXAMPLE FOR POINT NO. 3

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    19
    BACK TESTED RESULT:

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    20

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