Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
5-10-20 Short Only Strategy
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Go short at today’s close if both the 5 and 10-day exponential moving average (EMA) cross below the 20-day EMA. Close the position at today’s high when both the 5 and 10-day EMA cross above the 20-day EMA.
Nifty Chart shows the 5-10-20 EMA movement for the the past one year. And the results are simply amazing
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Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
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4 Replies to “5-10-20 Short Only Strategy”
Rajandran Sir,
I feel this strategy worked well in down trending market and can be used in opposite way in up trending market.
Need your comment on this.
Sachin Pethe
Yeah Sachin, in the uptrending market the reverse procedure suits for Long trades
Sir,
I feel this is a lagging indicator and misses half of the move. More effective after a sideways move and not after a big fall or big upmove , do u agree.?
Please advise
YEH EMA is a lagging indictor.But still i feel we can make safer strategies using EMA.
Rajandran Sir,
I feel this strategy worked well in down trending market and can be used in opposite way in up trending market.
Need your comment on this.
Sachin Pethe
Yeah Sachin, in the uptrending market the reverse procedure suits for Long trades
Sir,
I feel this is a lagging indicator and misses half of the move. More effective after a sideways move and not after a big fall or big upmove , do u agree.?
Please advise
YEH EMA is a lagging indictor.But still i feel we can make safer strategies using EMA.