🚨⚠️ Alert ⚠️🚨
The last ⭕️"Option Scalping Strategy for Index"⭕️
🧵
-The most simple and practical strategy so far
-Completely rule-based strategy
The simplicity will Blow your Mind 🤯
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@kuttrapali26 @KommawarSwapnil
The last ⭕️"Option Scalping Strategy for Index"⭕️
🧵
-The most simple and practical strategy so far
-Completely rule-based strategy
The simplicity will Blow your Mind 🤯
🐦Re-tweet to share the knowledge
🔖Bookmark to save
@kuttrapali26 @KommawarSwapnil
1⃣ What to use in the strategy
🟢5 min time frame on the spot chart
🟢Heikin Ashi chart
🟢20 SMA
🟢MACD indicator default settings
⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️
⭕️You can either trade with this signal in futures
⭕️Or use ATM call/put option depending on signal
🟢5 min time frame on the spot chart
🟢Heikin Ashi chart
🟢20 SMA
🟢MACD indicator default settings
⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️⏹️
⭕️You can either trade with this signal in futures
⭕️Or use ATM call/put option depending on signal
2⃣ Types of Heikin Ashi candles you should know
🟢Candle with no lower wick = bullish
🟢Candle with no higher wick = bearish
🟢Candle with lower and higher wick = Indecisive
🟢Candle with no lower wick = bullish
🟢Candle with no higher wick = bearish
🟢Candle with lower and higher wick = Indecisive
3⃣ When to Buy
🟢histogram should be above zero line
🟢candle should be above 20 SMA
🟢Entry on opening of 2nd bullish Heikin Ashi candle
🟢Stoploss low of 1st bullish Heikin Ashi candle
🟢Target close on any red or indecisive candle
🟢histogram should be above zero line
🟢candle should be above 20 SMA
🟢Entry on opening of 2nd bullish Heikin Ashi candle
🟢Stoploss low of 1st bullish Heikin Ashi candle
🟢Target close on any red or indecisive candle
4⃣ When to Short
🟢histogram should be below zero line
🟢candle should be below 20 SMA
🟢Entry on opening of 2nd bearish Heikin Ashi candle
🟢Stoploss high of 1st bullish Heikin Ashi candle
🟢Target book on any green or indecisive candle
🟢histogram should be below zero line
🟢candle should be below 20 SMA
🟢Entry on opening of 2nd bearish Heikin Ashi candle
🟢Stoploss high of 1st bullish Heikin Ashi candle
🟢Target book on any green or indecisive candle
5⃣ When to not Trade
🟢If histogram -ve but price above 20 SMA
🟢If histogram +ve but price below 20 SMA
Avoid trading in such situations
🟢If histogram -ve but price above 20 SMA
🟢If histogram +ve but price below 20 SMA
Avoid trading in such situations
6⃣ Few more examples
7⃣Few more examples
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The goal is to educate people about markets one thread at a time.
Follow👥
@AakashSSawant1 for more such content
Checkout my Twitter timeline for the previous 1⃣9⃣ Strategies/educational content
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