HalfTrend SNIPERMONKEY — Strategy by YashikaSatya
By YashikaSatya
Performance Metrics
- Author: YashikaSatya
- Symbol: NSE:NIFTY
- Timeframe: 5 minutes
- Win Rate: 37.2%
- Profit Factor: 0.978
Description
The HalfTrend algorithm identifies trend direction by tracking swing highs and lows over a configurable amplitude period. It uses ATR-based channel bands to confirm trend transitions and generates buy/sell signals only when a genuine trend flip occurs — filtering out a large portion of noise compared to a standard moving average crossover.Strategy Features🕘 Session-Based Entry Window (9:20 AM – 3:20 PM IST)Entries are restricted to market hours. No new positions are opened outside this window.⏩ Pre-Session Signal Carry-ForwardIf a HalfTrend signal fires before 9:20 AM (e.g., on pre-market or overnight bars), it is latched and executed automatically at the session open — so you never miss a signal that formed while the market was closed.🔁 Automatic Position FlipWhen the trend reverses mid-session, the strategy closes the existing position and enters in the opposite direction in a single step.🔔 EOD Square-Off at 3:20 PMAll open positions are forcibly closed at 3:20 PM IST to avoid carrying trades into close — aligned with SEBI intraday margin norms.