MTF RSI + ADX + ATR SL/TP β Strategy by realisticUnico30812
By realisticUnico30812
Performance Metrics
- Author: realisticUnico30812
- Symbol: NSE:FINPIPE
- Timeframe: 10 minutes
- Net P&L: β82.46 INR (β0.08%)
- Win Rate: 31.1%
- Profit Factor: 0.706
- Max Drawdown: 105.47 INR (0.11%)
- Total Trades: 132
Description
This strategy combines the power of multi-timeframe RSI filtering with ADX trend confirmation and ATR-based risk management to capture strong directional moves.π Entry Rules: β’ Daily RSI > 60 β’ 4H RSI > 60 β’ 1H RSI > 60 β’ 10m RSI > 40 β’ ADX (current timeframe) > 20When all conditions align, a long entry is triggered.π‘ Risk Management: β’ ATR-based Stop-Loss (customizable multiplier) β’ Take-Profit defined as a Risk-Reward multiple of the ATR stopπ― Why this Strategy? β’ Ensures alignment across higher timeframes before entering a trade β’ Uses ADX to avoid choppy/range-bound markets β’ Built-in ATR stop-loss & take-profit for disciplined risk control β’ Fully customizable parametersThis strategy is designed for trend-following swing entries. It works best on liquid instruments such as indices, forex pairs, and large-cap stocks. Always optimize the parameters based on your preferred asset and timeframe.