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Intraday trading O-H-L Strategy

This is a very popular Intraday Open High Low Strategy with good Accuracy. In this strategy, a Buy signal is generated when a Stock or Index or Commodity has same value for Open and Low, while a Sell signal is generated when it has same value for Open and High.

This is Tried and Tasted Strategy. Traders should follow 100% disciplined in executing those strategies with Risk and Money management Rules.

Traders can keep the Stop loss at 1% from Entry level or Previous Days High or Low levels.

Take ENTRY after 9.30 AM

Check Stocks where Open=High OR Open=Low (before 9.30 AM)

RULE: Open=High means SELL AND Open=Low means BUY

Buy Stocks where Open=Low above the High of 1st 15 minutes Candle

Sell Stocks Where Open=High Below the Low of 1st 15 minutes Candle.

Traders can use time frame of 5 to 15 minutes.

Traders can Book Profits As per their risk appetite or End of the day

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