SMART ETF Trading Strategy

Strategy Type: Positional
Direction: Bullish
Instruments: ETFs

You can define your own group of ETFs, apply filters, decide the investment amount or quantity, and customise it as per your preference.

This is a positional strategy to trade ETFs.

Make a group of high beta sectoral ETFs (non corelated). Including Goldbees and Silverbees in the list is recommended.

The strategy is based on a P&F chart of 0.1% box size on a 1 min time frame, with D Smart (parameter 10) indicator.

Strategy Details:

• Strategy Name: SMART ETF Trading Strategy
• Universe: Non-correlated ETF
• Action: Long
• Type: Positional
• Box-size: 0.10% x 3
• Max Open Positions: 10
• Timeframe: 3-min
• Entry Condition: Above 10-period D Smart
• Exit Condition: Price falls below 10-period D Smart

This strategy is readily available on Algostra for your reference.

Feel free to experiment with it and refine it to suit your trading style—enhancing both execution and conviction.

Filters

You can further enhance the strategy by adding filters: additional rules, indicators, or pattern-based conditions.

One effective approach is to incorporate a higher timeframe trend filter, such as the daily trend of the stock.

You can also apply intraday-specific filters to improve trade quality.

With the right filters, you can further refine and personalise it to suit your trading style.

You can modify it, test it, and deploy it on the Algostra.