OPEN-SOURCE SCRIPT
NoBrain Breakout
Use 3min. Time frame.
Buy Stock Selection:-
When Close Price Cross Monthly Standard Pivot R1 & Monthly Standard Pivot R1 is Greater than Previous Day High( PDH ) Or Close.
Price must be Above 44 MA ,48 EMA & Vwap
***Buy When 3min Candle closed Above Camarilla R4 or Monthly Standard Pivot R1 whichever is High.
Sell Stock Selection:-
When Close Price Cross Monthly Standard Pivot S1 & Monthly Standard Pivot S1 is Less than Previous Day Low( PDL ) Or Close.
Price must be Below 44 MA ,48 EMA & Vwap
***Sell When 3min Candle closed Below Camarilla S4 or Monthly Standard Pivot S1 whichever is Low.
Trading time for
1st wave 9.30am to 10.45am.
2nd wave 12.45pm to 2.45pm.
(Based on NSE/ BSE India)
Indicators:-
1) Pivot Points Standard - Time Frame monthly.only select R1
2) Pivot Points Camarilla- Only select R4.
3) SMA 44
4) EMA 48
5) Vwap
6) For Trailing Stop Loss use SuperTrend- Length-13 Factor-2.7 or Length-15 Factor-3 (3min Timeframe)
Buy Stock Selection:-
When Close Price Cross Monthly Standard Pivot R1 & Monthly Standard Pivot R1 is Greater than Previous Day High( PDH ) Or Close.
Price must be Above 44 MA ,48 EMA & Vwap
***Buy When 3min Candle closed Above Camarilla R4 or Monthly Standard Pivot R1 whichever is High.
Sell Stock Selection:-
When Close Price Cross Monthly Standard Pivot S1 & Monthly Standard Pivot S1 is Less than Previous Day Low( PDL ) Or Close.
Price must be Below 44 MA ,48 EMA & Vwap
***Sell When 3min Candle closed Below Camarilla S4 or Monthly Standard Pivot S1 whichever is Low.
Trading time for
1st wave 9.30am to 10.45am.
2nd wave 12.45pm to 2.45pm.
(Based on NSE/ BSE India)
Indicators:-
1) Pivot Points Standard - Time Frame monthly.only select R1
2) Pivot Points Camarilla- Only select R4.
3) SMA 44
4) EMA 48
5) Vwap
6) For Trailing Stop Loss use SuperTrend- Length-13 Factor-2.7 or Length-15 Factor-3 (3min Timeframe)
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