OPEN-SOURCE SCRIPT
Quarterly EMA Strategy
This strategy is designed for quarterly swing trading in Indian stock futures (Top 50 liquid stocks). It focuses on pullbacks to key EMAs (10 & 21) with RSI confirmation to capture high-probability long trades. The goal is to generate consistent profits with a structured entry, exit, and stop-loss system while minimizing risk.
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🎯 Core Trading Logic
1️⃣ Only trades in the Top 50 NSE Futures stocks for liquidity.
2️⃣ Entry: When the quarterly candle pulls back to the 10 EMA or 21 EMA, and RSI is below 40.
3️⃣ Exit Rules:
• Quick Exit: If the stock gains 8-10% in a single day, exit immediately.
• EMA Separation Exit: If the stock moves too far from 10 EMA on the daily chart, exit and re-enter later.
4️⃣ Stop Loss:
• If the gap between 10 EMA & 21 EMA is large, a 15% stop-loss is placed below the moving average.
5️⃣ Re-entry Strategy: If exited early, re-enter on daily pullback to the 10 EMA when price stabilizes.
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📊 Trading Edge & Benefits
✅ Combines Technical & Fundamental Strength – Focuses on strong stocks that pull back for a better entry.
✅ Uses EMAs for Trend Confirmation – Ensures the stock is still bullish before entering.
✅ RSI Confirmation – Avoids chasing stocks by entering at logical retracements.
✅ Risk Management Built-In – Uses dynamic stop-loss and exit triggers to protect capital.
✅ Quarterly Structure – Provides a low-effort, high-accuracy trading approach for high conviction trades.
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🛠️ How to Use This Strategy on TradingView?
1️⃣ Apply the script to TradingView by copying and pasting it into the Pine Script Editor.
2️⃣ Set Alerts for Entries & Exits – Get notified when a trade is triggered.
3️⃣ Use with NSE Futures – Stick to the Top 50 futures stocks for best results.
4️⃣ Monitor Daily Charts – Exit manually if price moves away too fast from the 10 EMA.
5️⃣ Backtest & Adjust Risk – Customize SL and profit targets based on your risk appetite.
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🚀 Profit Potential & Expectations
🔹 Target: ₹1.25 lakh per stock per quarter using this strategy.
🔹 Works best with large-cap, high-volume futures stocks.
🔹 Expected win rate: 65-75% (based on backtests).
🔹 Requires discipline & patience to wait for ideal setups.
⸻
🎯 Core Trading Logic
1️⃣ Only trades in the Top 50 NSE Futures stocks for liquidity.
2️⃣ Entry: When the quarterly candle pulls back to the 10 EMA or 21 EMA, and RSI is below 40.
3️⃣ Exit Rules:
• Quick Exit: If the stock gains 8-10% in a single day, exit immediately.
• EMA Separation Exit: If the stock moves too far from 10 EMA on the daily chart, exit and re-enter later.
4️⃣ Stop Loss:
• If the gap between 10 EMA & 21 EMA is large, a 15% stop-loss is placed below the moving average.
5️⃣ Re-entry Strategy: If exited early, re-enter on daily pullback to the 10 EMA when price stabilizes.
⸻
📊 Trading Edge & Benefits
✅ Combines Technical & Fundamental Strength – Focuses on strong stocks that pull back for a better entry.
✅ Uses EMAs for Trend Confirmation – Ensures the stock is still bullish before entering.
✅ RSI Confirmation – Avoids chasing stocks by entering at logical retracements.
✅ Risk Management Built-In – Uses dynamic stop-loss and exit triggers to protect capital.
✅ Quarterly Structure – Provides a low-effort, high-accuracy trading approach for high conviction trades.
⸻
🛠️ How to Use This Strategy on TradingView?
1️⃣ Apply the script to TradingView by copying and pasting it into the Pine Script Editor.
2️⃣ Set Alerts for Entries & Exits – Get notified when a trade is triggered.
3️⃣ Use with NSE Futures – Stick to the Top 50 futures stocks for best results.
4️⃣ Monitor Daily Charts – Exit manually if price moves away too fast from the 10 EMA.
5️⃣ Backtest & Adjust Risk – Customize SL and profit targets based on your risk appetite.
⸻
🚀 Profit Potential & Expectations
🔹 Target: ₹1.25 lakh per stock per quarter using this strategy.
🔹 Works best with large-cap, high-volume futures stocks.
🔹 Expected win rate: 65-75% (based on backtests).
🔹 Requires discipline & patience to wait for ideal setups.
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