Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Lin Supertrend – 5min and 10min Live Charts for NSE Futures
42 sec read
Nifty 5min Futures
Lin Supertrend is new and responsive version of Supertrend goes live for NSE Future stocks and index futures. Lin Supertrend uses linear regression to bring responsiveness in the system which in turn further controls the drawdown and increases the performance drastically.
Lin Supertrend is in open beta mode and charts are available for both 5min and 15min. Currently Access is limited to NSE Future symbols. Soon it will be extended to MCX symbols as well.
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Trading Rules
Buy – if suptrend shows a buy signal and candle above 200 EMA (Green Arrow) Exit Buy – if supertrend shows a exit signal (Yellow Star)
Short – if suptrend shows a sell signal and candle below 200 EMA (Red Arrow) Exit Short – if supertrend shows a exit signal (Yellow Star)
Wait Mode
LT Futures 10min charts
The Long or Short exit signals are indicated by a yellow star and the dashboard indicates No Trade Zone which gives some breathing time to wait for next trade and reduces 20% of noise in the system.
More details about backtesting results and performance comparision will be posted in the subsequent articles.
Stay tuned!
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
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