Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

High Probability Mean Reversion in Nifty Futures

35 sec read

Nifty Futures Daily Charts – Autocorrelation

Autocorrelation
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Nifty Futures 10 day autocorrelation turned negative for the last two days also the smooth oscillator holding near oversold zone which indicates possible mean reversion trades in nifty futures with high probability. Also looks like William VIX FIX is reversing from the peak. So very short term players can play all the long signals in the lower timeframe. And higher timeframe players can hold their longs as long the 10 day autocorrelation turns positive or the William fix started raising on the EOD charts.

Nifty Futures Daily Charts – William VIX FIX
Sign

Nifty Open Interest Lookup
Currently 9000CE holds the highest open interest and on the put side 8500PE holds the higher open interest among the put strike price and comparatively weaker than the 9000CE open interest but still if you are holding longs its good the watch the development of open interest in 8500PE and 8600PE.
Open Interest

Rajandran R Creator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in

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5 Replies to “High Probability Mean Reversion in Nifty Futures”

  1. Dear Rajendran ji ,

    First of all i would like to give u thousands of thanks from my side for i had regular losses of my
    capital in share market but from the day i started trading with SUPER TREND V3 , not only losses
    stopped but i started slowly recovering my money back .

    sir , i have installed amibroker and inserted the super trend formula . I have also taken a ROBO TRADE
    software for that . But my problem is this that the Super Trend AFL gives Pop Alert and some times due
    to these alert the Robo skips the trades.

    Therefor i request you that is there any way that i get Super Trend V3 without pop up alerts . My query
    may force you to think that i am a silly person but fact is this that i am a newbie to this thing
    (Amibroker & Formula AFL’s ).

    I will be grateful to you if You can send the Supertrend V3 AFL without pop up alerts.

    I know you might be getting number of emails daily but this is my humble request to you Please send me
    a link of Super Trend V3 without Pop Up Alerts.

    thanks in advance

    Sameer Chaturvedi

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