TrendRider

5 ago

This is an indicator to capture and ride trends in indices like Nifty50, Banknifty, Finnifty, Sensex, Gold,silver and crude oil. To be used mainly in futures and options.
Usage of this indicator:
1. 15 mins Timeframe to be set on chart
2. Candletype to made Heiken Ashi
3. Use on Futures charts of Nifty50, Banknifty, Finnifty, Sensex, Gold, Silver and Crude oil.
4. On trending days, can target minimum 100 points on Nifty50 and Finnifty, 200 pts on Banknifty, 250 pts on Sensex, 300 pts on Gold, 500 pts on Silver, 30 pts on Crude oil. All on futures. SL to be kept the same as target points, so R:R ratio is 1:1.
5. For options buy ATM CE/PE and can capture - 10% of premium on Nifty50 and Finnifty, 20% of premium on Banknifty, Sensex, Gold and Silver, 5% premium on Crude oil. SL to be kept same % as target.
6. Strictly exit as soon as you receive Exit signal whether in profit or loss.
7. Non repaint signals so you can enter as soon as you get buy/short signals and also exit as soon as you get exit signal.
8. You can target the fixed points as mentioned above, or just wait and ride till exit signal.

5 ago

Note di rilascio

What Is This Indicator For?

This is a tool designed to help you ride trends in major markets like:
• Stock indices: Nifty50, Banknifty, Finnifty, Sensex
• Commodities: Gold, Silver, Crude Oil

It’s meant to work best in futures and options trading, especially on days when the market is trending strongly (moving clearly in one direction).

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🧠 How To Use It (Step-by-Step)
1. Set your chart to a 15-minute timeframe – This means each candle shows 15 minutes of price movement.
2. Change candle type to “Heiken Ashi” – This smooths out noise and makes trends easier to see.
3. Apply this indicator only on Futures Charts of the instruments listed above.
4. Follow the Buy or Sell (Short) signal given by the indicator – It gives clear entry and exit points without repainting, so what you see is reliable.

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💡 Example Targets on Trend Days

If the indicator shows a Buy or Sell signal, these are your minimum potential profits:

Instrument Points Target (Futures) Example Profit Opportunity
Nifty50 100 points ₹5,000 per lot (approx.)
Banknifty 200 points ₹5,000 – ₹6,000 per lot
Finnifty 100 points ₹2,000 per lot
Sensex 250 points ₹6,000+ per lot
Gold 300 points ₹1,500 – ₹2,000
Silver 500 points ₹2,000 – ₹3,000
Crude Oil 30 points ₹1,500+

Stop loss (maximum loss) is the same as your target. So you risk ₹5,000 to make ₹5,000 (Risk:Reward = 1:1).

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📱 Options Traders – Use This Strategy Too

If you prefer to buy options instead of trading futures:
• Buy ATM (At the Money) Calls or Puts, based on the signal.
• You can aim for:
• 10% gain on premium in Nifty50 & Finnifty
• 20% gain on premium in Banknifty, Sensex, Gold, Silver
• 5% gain on premium in Crude oil
• Stop loss is also the same percentage as your target (1:1 risk-reward).

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🔁 When to Exit
• Exit immediately when the indicator gives an “Exit” signal – whether you are in profit or loss.
• No guessing or waiting – trust the system.

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✅ Why It Works
• It’s non-repainting – signals don’t change later, so you can act confidently.
• Helps you enter and exit with discipline, which is key in trading.
• Works well on trend days, when markets move in one direction.

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🧭 Two Ways You Can Use It:
1. Set a fixed profit target (like 100 points on Nifty).
2. Or ride the trend and stay in the trade until the indicator tells you to exit.