Volume + Green Candle Strategy (BUY ONLY)2 by manvik180823
By manvik180823
Performance Metrics
- Author: manvik180823
- Symbol: NSE:BANKNIFTY1!
- Timeframe: 25 minutes
- Net P&L: +800,158.50 INR (+80.02%)
- Win Rate: 40.3%
- Profit Factor: 1.185
- Max Drawdown: 194,283.00 INR (14.42%)
- Total Trades: 1,583
Description
Strategy IdeaThe strategy buys when there is strong bullish activity with high volume and exits when the price shows weakness.When the Strategy BUYSIt enters a BUY trade when all of these happen:Volume is higher than averageCurrent volume is greater than the last 21 candles' average volume.Green candleThe candle closed higher than it opened.Not an inside candleThe candle is not completely inside the previous candle's range.➡ This means strong buyers are entering the market.When the Strategy EXITSIt closes the trade when:• The price closes below the previous candle's low.➡ This signals possible weakness or trend change.Important Rules• Only one trade at a time• Uses 100% of capital per trade• Orders are taken after candle closeIn One LineBuy strong bullish high-volume candles and exit when price becomes weak. It is for index only like NIFTYBANK Future and NIFTY Future