Download as pdf or txt
Download as pdf or txt
You are on page 1of 2

Setup for 10-15 Points Intraday Setup for Crude Oil

Please add following indicators in your Candle Stick chart

Supertrend - 10, 1.8

MA(Exp) - 21 EMA (Red)

MA(Exp) - 8 EMA (Green)

Vortex - Default Values

ATR - Default Values (For Stop Loss purpose)

Time Frame - 15 Minutes

For Buy – Please check following condition. Please note all the three conditions should
match.
1. Supertrend should indicate Buy.
2. Check EMA – Green should be above red line.
3. Check vortex – In vortex there are three lines. For Buy green should be above top
line (1.1) and red should be below bottom line (0.9).
Please note Buy is initiated on start (CMP) of next candle only after all the three indicators
meet our criteria.

Stop Loss ATR (Red Dots) – 4 Points

For Sell – Please check following condition. Please note all the three conditions should
match.
1. Supertrend should indicate Sell.
2. Check EMA – Red should be above Green line.
4. Check vortex – In vortex there are three lines. For Sell Red should be above top line
(1.1) and Green should be below bottom line (0.9).
Please note Sell is initiated on start (CMP) of next candle only after all the three indicators
meet our criteria.

Stop Loss ATR (Green Dots) + 4 Points

Target – 10 - 15 Points. Once 10 points are achieved please initiate trailing stop loss and
remove S/L (ATR Based)

IMP Note: It is Intraday only strategy. Please do not carry forward your position. Sqoff
your position every day. Look for new opportunity every day and do not consider previous
day buy/sell signals.

Please note in sideway market condition it may not give you any trading opportunity.

PLEASE NOTE THAT THIS FOR EDUCATION PURPOSE ONLY. PLEASE TRADE AT
YOUR ONW RISK AFTER DOING THOROUGH RESEARCH. I WILL NOT BE LIABLE
FOR ANY LOSS OCCUR DUE TO USE OF THIS STRATEGY.

You might also like