Introduction to the Strategy

A) 1-minute time frame strategy.

B) script – Bank Nifty Options.
C) Charting platform - Trading view.
D) Indicators Source – Trading View

Indicators used.

A) Trend Regularity Adaptive Moving Average (Lux Algo)

B) Relative Strength Index – No Author
C) SMA Custom Volume Bands – Author, mikeraya

The Strategy…………...

Call buy Conditions –

A) When ‘RSI’ is 30 and started changing direction upwards from 30 +

B) Price is above the 200 ‘SMA’ (SMA Custom Volume Bands) and bar color is green.
C) Candle i.e. Price crossed ‘TRAMA’ (Trend Regularity Adaptive Moving Average) from below to above and
candle is green,

Take Call buy.

Exit – If price touches middle line of ‘RSI’ i.e. if ‘RSI’ line touched 50 (Relative Strength Index), exit the trade
immediately.

Put Buy Conditions -

A) When ‘RSI’ has touched 70 or above (from below to high) and started downward move towards -70 value,
B) Price is above the 200 ‘SMA’ line (SMA Custom Volume Bands) and bar color is Red ,
C) Price has crossed ‘TRAMA’ (Trend Regularity Adaptive Moving Average) from above to below and Candle
Color is Red,

Take put Buy.

Exit – When ‘RSI’ touches middle line i.e. 50 value, exit immediately.

All trading view indicators are in default settings.