Trade With Tech

Where Innovation Meets Investment

Blog

Automating Famous 5 EMA Strategy of Power of Stocks in Zerodha Streak

In this article, I will show you how you can automate the famous 5 EMA Strategy of Subasish Pani from Power of Stocks.

NOTE : This is an educational Post and Not a Financial Advice

Brief About 5 EMA Strategy

5 EMA Strategy is fairly Simple. In this article we will only focus on PE Trades

So the first thing is we need 5 minute timeframe candlestick chart of Bank Nifty. Then you need to add 5 EMA Indicator on it.

if a candle is above 5 EMA line without touching ema, then that becomes our alert candle. If the next candle Breaks the low of alert candle then there we will take the trade of PE. If it does not break then this candle will now become our alert candle.

5 EMA Example

You can learn in depth about the strategy on Power Of Stocks Youtube Channel

Trade With Tech Youtube Video

For the Automated Streak Strategy . Please find the below link :

https://public.streak.tech/in/miZrRY7RlV

Thanks for Reading the article. Continue to show us your support

3 thoughts on “Automating Famous 5 EMA Strategy of Power of Stocks in Zerodha Streak

  • S.V.RAO

    How to use this link in my “Streak” account? Please help

    Reply
  • Mayur Bondge

    Hi, I’ve gone through your strategy and found it very effective. Only thing I saw was when manually going through backtested data, I found many trades that hadn’t been in backtest the same day or other. Have you filtered the data that particularly? or its an issue from streak side?

    Reply
    • I havent filtered anything specifically, so there can be cases like, I use strategy limit of 1 in usual cases, which means it will only take 1 trade per day with that strategy , sometimes the backtest data and the chart you see on tradingview or kite might be a little different, so thats an issue from Streak

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *