# How can I find Intraday Trend?

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1) This strategy only on intraday trading...not for delivery or long time.
2) During use this strategy dont follow any news,tips or any other information
NOTE:- THIS METHOD ONLY USE INTRADAY AND THE STOPLOSS MORE THEN 30 POINTS IN NIFTY DONT TRADE ....

TREND FINDING METHOD
FRIST take the low price,open price,high price
example 1.
low price = 5971
open price = 5976
high price = 5987
now, count the different between Open - Low = 5
and Open - High =11.
so intra up trend ..
example 2.
low price = 5961
open price = 5976
high price = 5982
now, count the different between Open - Low = 15
and Open - High = 6.
so intra down trend.....
now u find the trend ...now go for stoploss method
STOPLOSS FORMULA
1) SL FORMULA FOR BUY POSITION

BUY SL = {(OPEN - (OPEN = HIGH) - 1}
= (5976-(11)-1}
=(5965-1)

NOTE:- if the SL hit reverse the position BUY to SELL...
2) SL FORMULA FOR SELL POSITION

SELL SL = {OPEN + (OPEN = LOW) +1}
= {5976+(15)+1}
=(5991+1)
SELL SL IS = (5992)

NOTE:- if the SL hit reverse the position SELL to BUY...

BUY TG = { OPEN + (SCRIPT OPEN PRICE * 0.75 %)}
= {5976 + (5976*0.75)}
=(5976+45)
=(6021)

TARGET FORMULA FOR SELL POSITION
SELL TG= {OPEN-(SCRIPT OPEN PRICE * 0.75)}
=(5976 - (5976*0.75)}
=(5976-45)
=(5931)

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Here is a trend following strategy for Intraday based on MACD and Bollinger Bands.