OPEN-SOURCE SCRIPT

SB - VWDEMA

84
Scalping @ 1 Minute time frame.

Rules : -

1. Call entry - If Dema and ATR both turns green ( 1 minute TF )
2. Put Entry - If Dema and ATR both turns red ( 1minute TF )

If one is red and other is green wait till both align in same direction.

Vwap - Price above VWAP, call side entry will be rewarded well ( Try to find entry in calls) and if price is below Vwap Put side entry will be rewarded well ( Try to find entry in Puts).

Exit - Follow ATR stop loss line at 1 minute TF ( candle closing basis ).

Can be used on option charts directly.

Best results - Nifty derivatives @ 1 Minute TF, however it can work well with other instruments too.

Make your display setting as per your convenience.


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