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NIFTY 500 15M HOLY GRAIL TRADING SETUP

Long
Nifty 500 Index (NSE:CNX500)  
Tradingstrategyguides Updated   
NSE:CNX500   Nifty 500 Index
Chart Patterns Trend Analysis Technical Indicators ADX 20sma crossovertrading tradingstrategyguides 15m Nifty 500 nifty500 futures
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chartpattern trendanalysis indicator adx 20sma crossovertrading tradingstrategyguides 15m cnx500 nifty500 futures
Add ADX with 14 period
Add 20 SMA

Watch for these to setup trade
ADX above 30 level (manually add 30 level)
Price above 20 sma
Wait for a pullback that touches 20 sma
Place a buy stop above the high of the candle that touched the 20 sma
Stop Loss below the 20 sma
Take Profit up to you
TP can be price crossing below 20 sma
TP can be a 1 x 2 risk reward ratio
TP could be a fib level
Comment:
Futures Trading Strategies (Trading Futures for Dummies)

pdf link to this futures strategy
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