Rule 1 Never ever try to predict the market for any trend following system

Step 1 Write down the next trading date 8/10/2020

Step 2 Collect 2 day high low data

Bnifty 8/6/2020 8/7/2020

High 21969.0 21835.0

Low 21370.0 21435.5

Step 3 2day HH 2day LL

21969.0 21370.0

Step 4 Defining entry

Buy 2day HH+0.15% 22002.0

Sell 2day LL-0.15% 21337.9

Step 5 Target
Buy entry + 1.5% 22332.0
Sell entry - 1.5% 21017.9

Step 6 Maximum Stop loss (MSL)

Buy entry - 1.5% 21671.9
Sell entry + 1.5% 21658.0
 TSL Trailing/Technical Stop Loss
MSL Max Stop Loss
FSL Final Stop Loss

Everyday buy entry buy tgt buy sl

Everyday sell entry sell tgt sell sl
Step 1 Write down the next trading date 8/19/2020

Step 2 Collect 2 day high low data

Bnifty 8/14/2020 ###

High 21925 22270.5

Low 21394 21639.8

Step 3 2day HH 2day LL

22270.5 21394.0

2 lot start 1 lot booked at tgt

System Entry Our Entry Target
Buy 2D HH+0.15% Buy entry +1.5%
Sell 2D LL-0.15% Sell entry+1.5%

System Entry Our Entry Target

Buy 22303.9 22638.5
Sell 21967.6 21638.1

If difference b/w system entry and our entry, recalculate sl from 'our entry'

onging Trade
System Entry Our Entry Target

Sell 21967.6 21638.1

 to calculate sl, we need 2 sl
Msl
Tsl

2 lot/1lot Maximum Sl Trailing SL

FSL Status Comment MSL TSL
Max (MSL or TSL) BEntry -1.5% 2D LL - 0.15%
Min (MSL or TSL) seEntry +1.5% 2D HH + 0.15%

FSL Status Comment MSL TSL

21969.3 21969.3 21361.9
22297.1 ongoing 22297.1 22303.9

FSL Status Comment everyday how many calculations will we ha

ans 6
Achieved Trailing 1 lot now Buy entry Buy order
Buy tgt Sell order
Buy sl SO

Sell entry SO
Sell tgt BO
Sell sl BO

1 If Monday morning position is nil, we will place 4 orders

lets say, 11 am we get notification, buy entry has trigger

STATUS
at the end of the tgt and sl dono nai mila
 calculate sl, we need 2 sl
Monetary (max) stop loss
Technical(trailing) sl

NRC- no range crosses

APS- as per system

NRC Tgt not achieved matlab 2 lots bacche hue

APS Tgt Achieced matlab ek lot bacha hua h

many calculations will we have everyday in the evening for next day
Lots NIL, Monday EOD, BUY, No tgt (Tuesday) Wed
2 Yes
1 yes yes Target already achieved fo
2 or 1 yes (2 lots) Yes (1lot)

2 yes yes yes

1 yes yes yes
2 or 1 no

on tues On wed
s nil, we will place 4 orders @9:15 Nuy tgt achieved 3 orders in the morning
Modify Buy sl qnt from 2 lot to 1 lot 9:15
ation, buy entry has triggered, place buy sl for 2 lots
1:00 PM
 STATUS Buy SL hit
ono nai mila Buy position During the day, recalculat
TGT achieved how to calculate during th

Buy APS Tgt= new buy entry+1.5%

atlab 2 lots bacche hue hai
atlab ek lot bacha hua hai

rget already achieved for 1 lot, 2nd lot pe bas sl trail karte raho (compare MSL and TSL and jo higher hai wo use karo)

orders in the morning

uring the day, recalculate new buy entry and new buy tgt
w to calculate during the day = 2 day HH & Current day HH +1.5%

t= new buy entry+1.5%

higher hai wo use karo)
Next trading day 8/24/2020
2DHH 21969 2DLL 21370
System Entry Our Entry Target FSL Status
Buy 22002.0 22002.0 22332.0 0.0
Sell #REF! #REF! 0.0

Next tradind day 2DHH 2DLL Buy (system) Buy (my entry) Sell(system)
12 23 34 4554 6565
 BE Buy Executed
Comment SE Sell Executed
NP No Position

Sell(my entry) MSL TSL Status Lots Day Close

8778 325 234