Intraday Open High Low Strategy -Live Signals

This is a very popular Intraday Open High Low Strategy with pretty good Accuracy. In this strategy, Buy signal is generated when a Stock or Index has same value for Open and Low, while Sell signal is generated when it has same value for Open and High. See the below table for Live Buy/Sell signals. The values would be updated every time you refresh the page. Read more about the same strategy with downloadable Excel sheet here

Strategy Overview

Paramter Value
Preferred Timeframe Intraday 5 minutes
Indicators Used None
Buy Condition Open=Low for the current day. Buy after half an hour of market open
Sell Condition Open=High for the current day. Sell after half an hour of market open
Stop Loss Indicated in above table
Targets As per one’s risk appetite or End of the day

How to trade on this Strategy

Step 1: Refresh this page to fetch live data for all F&O stocks with Buy/Sell signals

Step 2: After half an hour of market open time, check for Buy/Sell signals. Place your order above/below ‘Price’ column in the table. You can select your preferred Stock/Index from the list.

Step 3: Place stop loss as indicated in the table.

Step 4: Book profit/loss based on your risk appetite and make sure that your entire position is squared off at the end of the day. This is an Intraday only strategy.

Download Amibroker AFL for this strategy here.

84 Comments

  1. We knew this strategy, but I tried for few days only, and back testing hasn’t done. Can you show us any back test results?
    Thanks for your help all the time .

    • Hi Harsha,

      We will surely post the backtest results when we post the AFL for this.

  2. SIR, KINDLY PROVIDE THE EXCEL SHEET AS SHOWN ABOVE FOR ALL F&O STOCKS. THANKS

  3. Sir,
    How profit and loss is calculated?
    How to calculate target and SL?

  4. Not a much profitable system when used alone. Combine few other rules eg. GAP UP/DOWN to improve results.

  5. Dear Sir,

    Excellent work. Congrats. One query when we see the sheet at 9.45 a.m. most of the prices are crossed the recommended price. Can we enter at the CMP irrespective of the price movement or what to do? Kindly advise.

    Regards,

    V.SELVARAJ

    • Yes, the idea is to buy above the recommended price, and short below it. So you can enter at CMP.

  6. Dear Sir,

    LT 22,200.00 22,207.00 21,800.00 21,882.45
    in the NIFTY 50 stock excel sheet downloaded from your site. Kindly help me.
    Regards,
    V.SELVARAJ

    • Hi Selva,

      We are struggling to solve theses issues as NSE changes it’s API very frequently. It happens for very few stocks though. Please correct me if I am wrong.

  7. Thank you very much for your reply for my two queries

    Regards,

    V.SELVARAJ
    CHENNAI.

  8. Dear Sir,

    Today morning (26.05.2016) your excel sheet shown some buy or sell signal for (i don’t able to remember the signal correctly) the scrip TATAPOWER. After some time the signal was disappeared. Is there any particular reason for this? Kindly clarify.

    V.SELVARAJ
    CHENNAI

  9. PL REPLY

    Dear Sir,

    Today morning (26.05.2016) your excel sheet shown some buy or sell signal for (i don’t able to remember the signal correctly) the scrip TATAPOWER. After some time the signal was disappeared. Is there any particular reason for this? Kindly clarify.

    V.SELVARAJ
    CHENNAI

    • Signals might disappear if Open=High or Open=Low is no longer valid. For ex: If Open and High value for Nifty is 8000 and it goes down after Open. Then the Excel sheet will show Short signal. Now, if at some point of the day Nifty makes a new high, say 8050, the Short signal will disappear. I hope this clarifies.

      • hi sir thanks your help ..
        as per above mesg.. if first short singal appear and if nifty goes above previous high and hit the stop loss.. then exel sheet must be shown loss of %…is that available in exel sheet.

    • Hi Prashant

      Go for Neo Trade Analytics. It’s an authentic data provider.

  10. This looks a great strategy. How one should trade this using intraday time frames. Any method you suggest? Just crossing price may lead to whipsaw. Should we wait for 5 minute candle close above buy price if looking for long? Any such method will help?

  11. Hello,
    List is f&o stocks but price is not, price is equity based, would you modify it?

    • Hi Abhi,

      Yes, the price is of the underlying. And this strategy should be traded based on the equity price, not futures.

  12. At 9.45 a.m. most of the prices with Buy & Sell Signal are crossed the recommended price, why you suggest us to enter at 9.45pm, if i enter at 9.16 or at 9.30 am then what is the risk, if i wait till 9.45 pm then i (check 2 days continuously) miss most of the movement, please guide

    • Hi Saurabh,

      I agree that the prices crossed recommended price at 9:45 AM from last 2 days. However, in the long run it would always be profitable to enter at half an hour or 45 minutes of market open. The reason is that the market sheds off any fake volatility in first half an hour.

  13. Dear admin

    in this signal

    Intraday Open High Low Strategy -Live Signals
    Camarilla Pivot Points Excel Sheet: Live Signals

    which formula used pls suggest

  14. Sir o think I excel sheet signal should not change after half an hour as per the strategy. If the open =high is not valid then it should show stop loss. Am I correct if not please let me know

  15. I am interested in Intraday equity (Cash) trading, which is the link to download the amibroker trading system, the link shown in this site cannot be downloadable

  16. When open=low for
    stocks and future [ together here ]

    Order must be triggered automatically thru my sharekhan trade tiger terminal with advance option via excel for following
    Call option only

    First In the Money call at market price +0.05
    At the Money call at market price
    +0.05
    First out of money call at market price + 0.05

    This is only for Nifty Option chain and Bank Nifty Option chain for minimum 10 lots when above criterria open=Low stocks&future together ( in my requirements above index cash price and index future price)

    The above data Need in excel using vb-macro & must using excel trade tiger advance option only so order can place automaticaly

    I had tried above but when re-open my excel file the vba macro running is not working as data update issue in excel and i need some strong person who is very good in excel vba macro as i am still new in vb macro
    Ph#9429437279 Paresh Patel

  17. I can share my excel sheet with stocks and future together with index and lot size pivot support resistance level
    Ph#9429437279 Paresh Patel

  18. as per live signal here ..exel was not updated properly some stocks also missing as per this above sheet kindly advice which wan can i follow

  19. Hello Sir,
    Thanks a lot for creating Intraday strategy for F&O stocks. Can you please share the excel sheet having all F&O Stocks. Excel sheet that you have shared above is only having Nifty 50 stocks.
    Regards,
    Amit.

  20. 1-It is being told here to enter trade after 30 min from stock market opens. Does it precisely mean to start trade at 9.45 am?
    2- If yes see excel sheet dated 7/10/16 “infratel” short @ 380. 380 price was at 9.15 am. At 9.45 means 30 min as per your say price was 371. What to do? 369 was days low.
    3- Buy or sell signal is to be seen at 9.15 am or 9.45 am? Entry in trade is to be done at 9.15 am or 9.45 am?
    4- Same is the case of HDFC
    Please guide.

    • Hi Pablo,

      30 minutes wait period is for conservative traders as it involves minimum risk. You can also take positions before that if you are comfortable and there are other indicators confirming the trend.

      • Admin, if you have clear cut buy sell price, sl for only nifty50 stocks excel sheet and it gets live updated in market hours please share here. Above link is different. Who can trade 2500 stocks on NSE and BSE for intraday. Only robot can do it. Capital how much? Probably Ambanis only can do it. I need sure shot 5 scrips priced less than 300 with 0.5 to 1% profit target.

        • Hi Pablo,

          You can definitely filter your favorite stocks from the list. We have provided the whole list since everyone has different criteria to select their favorite stocks.

          • 1-Can you please tell me the procedure as to how filter my selected 10 stocks in your excel sheet?
            2- Do I have trade very quickly? Does you buy or sell signal suddenly disappears or changes from buy to sell or sell to buy as the price changes? In that case what to do please?

          • 1) As of now, there is no option to filter the stocks.
            2) Its possible that the signal disappear if High becomes greater than Open during the Trading day, and vice verssa. So its recommended to take position only withing first 45 mins of trading day. If the signal disappear after that you should immediately exit your positions.

  21. What is the correct time to trade from buy sell signal from this I am unable to make. Preopen is from 9.00 to 9.07. War starts from 9.15. Signals appear then disappear then appear. I did not count. Uncountable number scrips are there.If you start scrolling down, you have to go on scrolling down. At the end of the day if you see, all signals are in profit whether buy or sell. Actually I wanted to meet a successful trader using this. Really. Very badly. God help me.

    • Hi Pablo,

      Yes, we agree that signals can appear and then disappear if the high crosses open after giving a sell signal, or Low crosses open after giving Sell signal. You should exit your position when that happens. Trade should only be taken within 45 mins of day start. We cannot help you with the uncountable scripts as we added all F&O stocks on mass request. It’s not possible that all the scripts are in profit at EOD, this strategy has a success rate of ~40% considering brokerage and slippages. However its has a pretty good risk reward ratio. Please let us know if you have any more questions.

  22. I have many questions to ask you. I already lost 1.7 lac and 2 years valuable time in this trading named difficult game without any knowledge or training.Can you send me your phone number by mail please? My question to you is why do not you call all the persons like me in one place and trade under your mentorship from there?

    • Rajib Gupta here atleast 500 scrips are there. What signal is coming and what not at which second one can not understand. This is not enough for you? Why you are not asking for all call options and put options also with commodity?In commodity don’t you want agri commodities? Means you want whole share market to come here? Better you go to sharekhan trade tiger no? How much money do you have to trade? 1000 crore are in sufficient to trade this list do you understand? Your type of time pass made this list big. Buy sell signals in only 5 scrips are more than enough. Why do not you sit in front Zee tv 24 hrs? Unlimited 24 hrs free tips are going on there? You are thinking that entertainment is going on here. Like free orchestra. Sand all Bollywood songs and you are demanding sing Gazhals also no please like that. Do you know what is meant by daytrading? I am trying to convince them to give buy sell signals in only 5 liquid volatile stocks and you want this to become Economics Times news paper. To trade this list you need 100 staff, 100 computers or robot and 1000 crore cap. If you had you would not have come here. Understand. Time pass. Got up in the morning and telling sing song of Mukesh also no. Why? Kishor Kumar is not enough for you? Somebody else will come and tell sing Michel Jackson also. It is free no? Go to school. Tomorrow Math exam is there boy.

  23. This input is very good. But if you want to trade from this for profit how will you trade. My idea. One man with one laptop to refresh & scroll up and down continuously after 9.30 this page and tell next man as to buy sell has come in which scrip.Second man to type very fast in his pc in excel name of scrip buy or sell order, buy or sell price. He will continuously update his sheet as per feed back from earlier man. Second man will give feeding to third man who will do calculation in excel in laptop. Name of scrip. Capital I have. Buy or sell price. Capital plus margin from broker divided by buy or sell price. Yes I can trade these many number of shares today. Fourth man will place order in brokers trading platform. Wait for execution. After execution put stop stop loss. Fifth man will watch in live chart. He will see if price is going in favour or not. He will tell fourth man when to exit from which scrip. Minimum 6 persons 6 laptop with high speed net are needed apart from capital. Chart viewing monitor must be 52″ min because he has to see at least 10 live charts with indicators clear visible. Not bad business. Manually one man one laptop? Impossible.

  24. Minimum 6 like minded very sharp and very quick traders who are really interested in doing full time and life time business from this must come in one place with individual capital. Then it can become best business. By seeing this chart if you trade in the money options of those particular scrips with trailing stop loss you can earn huge money on daily basis. If you try to trade alone you always top 2-3 scrips are always in loss. And if you trade the first ones and loss for continuous 5 days all your capital goes in gutter.

  25. HI sir , i want to know that this excel sheet which you have published how it works. How many times in a day it gives buy sell signals. Does it give signals only once after 15 min of market open or it continues to give signal whole day. plz clarify this . Plz also tell me this excel sheet i need to download once or daily new file needs to be downloaded. What is the rule to enter in the position. Plz guide me sir, i am very glad to know about your excel sheet trading system.

    • Hi Reyaz,

      We are glad that you liked this system. Ideally, this system gives buy/sell signals once in a day, but in some unforeseen situations the signals disappear when High or Low crosses Open price. That is the reason we suggest to take trades within 30-45 mins of market open, and if the signal disappear after taking the trade then you should immediately exit. You need not to download this excel sheet at all as its completely online and gets updated in daily basis. Please read the other queries posted in this page for complete clarification.

  26. Hello admin, why you are not replying to Reyaz Khan’s query? I also want to read the answer.

    • Hello Riyaz or PAB10,or Friends

      First of all …Lets understand one simple fact that Admin is trying hard to simplify trading and that too FREE of cost by putting his time and energy…

      Any Degrading or making fun will demotivate him to explore new things,

      Now regarding your query

      In technical s there is 1000s of Tools and you have to stick to 1/2/3 tools where in suits your requirement….If you mix all you would only exploring and not doing trades just by analysis you would be confused

      Secondly this open = high query

      How can you define how many times you will get signals how whats success ratio…

      My dear friends Market itself is dynamic is here any Mark Faber who will tell tomorrow market will be 100 points up or down by closing ?

      I really pitty analyst who predict shares for 2-3 years as we don’t know whats going to happen 3 days later why to be become BABA bengali…..

      If you want to be successful trader …

      Try to control
      Emotion
      Greed
      Fear
      discipline
      Stick to your rules

  27. Hi Traders here, shall we form a group of us for trading using this input here? Birds of same feathers flock together. If we form a group we can enjoy trading activity. Let us put equal capital, let us trade same scrip by all, let us enter at same price same stop loss same target. Working together is good. We will decide our goal. We will trade together to achieve our goal.

  28. @Viral, how old are you? What trading do you do? Day or positional? How much is your trading capital? Do you follow signals from here and trade in cash? Are you a full time time trader? How much you lost so far and how much you earned?

    • @PABLO

      I will introduce myself…

      I am 41 years old

      I am into this market since 1992 & during this journey I have seen charts , Screeners & now doing Auto Trading which is only discipline which will hold you withing boundaries.

      I am full time trading and my broking business also am looking after….Of past two years have developed http://www.ChartsGURU . com

      Lastly dont go personal as how much do i know you and why will tell u what I have earned and lost . All people will share only success story rest u will learn from your own mistake & not my mistakes

      I admire ADMIN finding time without prejudice explaining on this platform yet have to justify…..

      Thanks

  29. एडमिन का शुक्रिया. ये साईट बहोत ही फायदेमंद है ट्रेडर्स के लिए.

  30. Pablo,
    Request you to avoid abusive words or personal remarks in your comments. Any non-adherence to this going forward will ban your comments permanently from this blog.

  31. Dear Admin,

    I apologise you and all. Please delete my all comments here. I am really very very sorry to all of you. I am extremely sorry. I am going through very bad days. Dear Mr. Viral. I am sorry yaar. Please admin. You remove all my comments and you are doing great job. Carry on.

    • Best of luck Pablo! You are always welcome to post constructive comments as you did initially.

  32. मेरे भाइयो बहनों, यहाँ पर कितने लोग इस ट्रेडिंग सिस्टम को फोलो करके ट्रेड कर रहे है ये ज़रा अपना अपना अनुभव बताएँगे क्या? मेरे तो १.7 लाख डूब गए. लेकिन इस सिस्टम को फोलो करके नहीं. मेरा ये सवाल है की यहाँ बाय आया तो कही पे बाय जो चाहे प्राईस हो बाय करे, या जो कीमत पे बाय करने को बोला है उसी कीमत पर बाय करे या 10 बजे जो कीमत चल रही उस पर बाय करे या कुछ नहीं करे खाली दिन भर देख ते रहे और बाजार बंद होने पर बोले “यार इतने पर ये खरीदता तो आज इतना कमाता था “. मै तो बोल रहा हु. लाईक माइंडेड 10 आदमी इकठ्ठे होते एक ट्रेडिंग रूम खोलते मजे से कमाते खाते पिते एन्जॉय करते. कोई सुनने को तैयार नहीं. ऐसा लग रहा है सब के सब रोज के रोज ट्रक भर भर के पैसे कमा रहे है.

  33. ये देखो सुबह SBIN में ओपन और लो सेम था याने २७५.15. और उसमे बाय चल रहा था. अब बताओ ओपन और लो बाद में बदल कैसे गया? nse के साईट पे भी बदल गया. शेरखान में भी बदल गया. अब ओपन २७५.15 लो २७०.७० दिखा रहा है. सभी साईट से बाय कोल हट गया.

    • Hi Pablo,

      High and Low can change anytime during market hours and that can wipe out the signals. Please read the above comments, this question has been answered multiple times for you.

  34. I have small queries on this strategy ..
    1) Do we need to look into the XL only at 9:30 am EST and place orders accordingly ?
    2) all the above are Stock cash prices right / Nov Fut prices? bcz heading you mentioned as “Intraday Open High Low Strategy : All F&O Stocks”
    Thanks
    Naidu.

  35. Hello Admin, suppose I applied 1 hr heikin ashi chart. When will know open,high,low of the candle? At the start of the candle itself? In the middle of the candle means after 1/2 an hour? Close everyone knows i.e. after one hour only.
    Please…..

  36. Admin ji,
    PLease confirm , do i need to trade any stock only around 9:45am or after wards also above /below the price column value . Suppose if a stock PRICE is 100 at 9:45 am and LTP is 105 ( 5 % is already up ) , then can i ignore that call for that day ?
    Thanks

  37. Open=high is not a guarantee that price will go down. Today upto now TCS was “sell” @2141 stop loss 2151. Price touched 2151 at 09.59 am. Went off from chart. This game is most dangerous. 100% luck. No logic. No math.

    • Sir Ji, there is no guarantee in trading. Its just a game of probability, otherwise everyone would have been billionaires.

      • Dear Admin you are absolutely right. This is game of probability. Otherwise everyone would have become Bill Gates sitting at home with less capital.Your effort is giving free live feed to those who want is admirable. Actually I wanted only Rs.30000 pm minimum from this game. I am in search of a strategy or research done by anyone which will give me this income. If anyone has ready made strategy please help me. I do not want to become rich. I want to run my house. Today IDEA futures open=low= on daily chart in 1 hr. almost 3.5 % up move.

  38. Live call Bajajauto “sell” at 2631. From 9.15 to 10.47 never was 2631. Profit 1.14%. Enter after 30 min means at 9.45. At 9.45 price was lowest today i.e.2590.99. Bajaj auto today\s open 2600 high upto now 2621.97 low upto now 2599.99. On NSE website also todays open is 2639.70

  39. Hi Admin, here on your this site in the morning buy/sell signals come in how many scrips I do not know. I do not want to know. Say I want to trade only one scrip. How to select that only one scrip can you tell me? Or can you highlight one sure scrip for the guys like me? I do not have money to trade all scrips nor manpower. I prefer only one. But the one I select must give me atleast 0.5% profit.

  40. Hi Admin,

    I appreciate the recommendations given here. I have been looking at these since last 3 days. Overall the profit opportunities are reasonably good.

    I have one query. When you recommend an entry price, does it mean we should not enter the trade even if the price is in profitable direction? For example – if you recommend Long for a stock with entry price as 100, but its LTP is 95 at 9:45 am, then does it mean we should not enter the trade below 100 & we should enter only when LTP becomes 100? Some stock brokerages recommend entry price in the way I mentioned above, hence this question. Please let me know.

    Thank you!

    • Hi Ajinkya,

      In the example mentioned, you should only enter only when LTP crosses 100.

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