It is more suitable for day trading with a 15 min chart. It is more profitable in option only. It is based on multiple Supertrend, moving average, and .The label with Buy+1 and Buy-1 represents more profitable entry positions. The label Buy+1 and Buy-1 stands for entry positions/signals of option "CE" and option "PE" buy at ATM price and backtest results are based on last year's data with one lot .The Blue dots indicates trailing stop loss of "CE" position and green dots indicates trailing stop loss of "PE" position.It has an initial capital of 100000 and the size of the lot is 1. The target is 0.8% , stop-loss is 0.35% and trailing stop loss is 0.3% with close candle.The commission paid is 20 cash per trade and the slippage is 5 ticks per trade. Some of the Indian broker's commission is only 10 cash per trade. Adjust the commission as per your broker.Trades are conducted based on the intraday time in India set from 9.45 am to 3.0 pm. All positions will get square off at 3.15 pm.It will execute a maximum of 2 trades per day. All other parameters are suitable for Algo trading with Indian stock brokers.
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