Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Nifty Positional Shorts based on 70/1030 EMA Strategy

31 sec read


 
Here is the simple,popular and classical positional EMA strategy that works good in a very good volatile market. In this strategy we use 70/1030 EMA crossover to take buy or sell decisions.

USED Moving Average Crossovers : 1030min EMA & 70 min EMA
Charts Used : 5 day Charts, 5 min Bars

Go Long Rules
If The faster line (red ) goes above the green – > Close shorts & immediately go long.

Go Short Rules
The faster line (red ) goes below the green – > Close longs & immediately go short.

No other Indicators Needed… Works Well Especially in Volatile Times

Stop Loss
An initial acceptable range for the stop depending on your comfort level can be put. As the Nifty moves in your direction , immediately put the the stop at the purchase price + brokerage as soon as possible.

To Get these charts live with Zero minute delay visit NSE Futures Live Charts

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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2 Replies to “Nifty Positional Shorts based on 70/1030 EMA Strategy”

  1. Dear Sir , where i got stock chat . i m not trade in nifty . Also define me this line (Its good to Catch the stock/Index at 5 EMA low- EOD with stop loss below 5 EMA-High)

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