Intraday Brahmastra Strategy by Pooja

Description

Intraday Brahmastra Strategy by Pooja

Intraday Brahmastra Strategy by Pooja is a rule-based intraday trading strategy designed to help traders identify structured entry and exit zones using price action, trend filters, and momentum confirmation.
The strategy focuses on clarity, discipline, and risk control, making it suitable for intraday decision-making across multiple timeframes.

This script is intended as a technical analysis tool, not as investment advice.

🎯 Purpose of the Strategy

The main objective of this strategy is to:

• Reduce emotional trading
• Provide clearly defined entry, stop-loss, and target levels
• Offer multiple confirmation-based signals instead of random alerts
• Help traders follow a systematic intraday trading approach
• One Screen Setup to Reduce Confusion and help to take Right Decisions according Market Situtions

⚙️ What’s New
Target Mode – You can choose target hit when candle closed or wick price.
3 Types of Trailing Stoploss Added (Optional)
1. Candle Wise Trailing Stoploss
2. Swing Wise Trailing Stoploss
3. Structure Wise Trailing Stoploss
⚙️ Trail Stoploss through Labal and Line
Now you can see trailing stoploss through line and labal which gives you more clarity.
Auto Support and Resistance Options
Auto Trendline Options for Dynamic Support and Resistance

⚙️ Core Features Explained

1️⃣ In-built Multiple Strategy Entry Signals

• The strategy combines multiple independent entry logics, allowing traders to see signals only when conditions align.
• These include combinations of:
• EMA, VWAP, Supertrend, RSI, Structure (BOS / CHoCH), etc
• It combines oscillators, non-oscillators, and SMC concepts to create a more structured and logical trading framework.
• Each signal is clearly labeled on the chart for better visual understanding.

2️⃣ Swing-Based Stop Loss Logic

• Stop loss is automatically calculated using recent swing high / swing low
• This helps align risk levels with market structure instead of fixed values
• Avoids unrealistic or random stop placements
• You can Modify your Swing High/Low pivots according your Choice

3️⃣ Risk-Reward Based Target Projection

• Targets are calculated using a user-defined Risk : Reward ratio
• Ensures every trade follows a pre-defined risk framework
• Encourages disciplined trading instead of emotional exits

4️⃣ Clear SL Hit & Target Hit Indications

• When Stop Loss or Target is reached, the strategy plots clear visual labels
• This improves post-trade review and historical analysis
• Helps users understand how and why a trade ended

5️⃣ Trend Change Exit (Dynamic Stop Management)

• If the market structure reverses, the strategy can exit trades early
• This acts as a dynamic trailing stop mechanism
• Helps protect profits or limit losses during sudden reversals

6️⃣ Trend Reverse Entry (Optional Flip Logic)

• On confirmed trend reversal, the strategy can optionally flip direction
• Entry happens only after proper confirmation
• Designed for experienced intraday traders who understand reversals

7️⃣ Force Exit (Intraday Safety Feature)

• Optional time-based force exit
• Useful for avoiding:
• End-of-day volatility
• Gap-up / gap-down risk
• Ensures no unintended overnight exposure

8️⃣ Optional BOS & CHoCH Structure Plotting

• Break of Structure (BOS) and Change of Character (CHoCH) can be enabled
• Helps traders visually track market structure shifts
• Completely optional to keep charts clean if not required

9️⃣ In-Build Indicator Framework

The strategy internally uses:

• EMA
• VWAP
• Supertrend
• RSI
• SMC (Smart Money Concept)

No external indicators are required, keeping the system self-contained and lightweight.

🔟 Fake Breakout Protection Filters

To reduce low-quality signals, the strategy includes:

• RSI strength filter
• ADX volatility confirmation
• RSI-MA distance & slope filter

These filters help avoid entries during weak or choppy market conditions.

1️⃣1️⃣Dynamic Stop Loss Trailing Through Trend Reversal

• This strategy includes a dynamic stop-loss trailing mechanism based on trend reversal detection rather than fixed price movement.
• When the trade is active, the system continuously monitors trend direction and structure
• If a confirmed trend reversal is detected against the open position, the strategy exits the trade automatically
• This exit acts as a dynamic trailing stop, adapting to changing market conditions instead of relying on static stop-loss levels

Why This Strategy Is Unique

• Built on market structure and trend logic, not single indicators
• Uses multiple confirmation layers to reduce low-quality signals
• Includes dynamic risk management instead of fixed exits
• Provides clear visual clarity for entry, stop-loss, and target
• Adapts to changing market conditions during intraday trading
• Focuses on discipline and process, not prediction or guarantees

This is not just a combination of indicators; it integrates five distinct strategy logics designed to reduce psychological decision-making while maintaining structured risk management.

🔔 Alert & Webhook Ready

• The strategy supports TradingView alerts
• Alerts are designed for signal notification only
• Webhook compatible for users who integrate alerts with external tools

📢 Optional Telegram alerts can be used for personal signal notifications. This feature is informational and does not imply trade execution or profit guarantees.

👤 Suitable For

This strategy is suitable for:

• Intraday traders
• Structure-based traders
• Traders who prefer rule-based systems
• Users who want clear visual trade logic
• For traders who want an advanced trading system with structured risk management and rule-based logic.

It is not recommended for users expecting guaranteed results or fully automated decision-making.

Why Invite-Only

• Controlled access to ensure responsible use
• Helps maintain consistency as the system evolves
• Prevents misuse or misinterpretation of strategy logic
• Allows better management of updates and changes
• Keeps the tool aligned with its analytical purpose

⚠️ Disclaimer (Important)

• This script is for educational and analytical purposes only
• It does not provide financial, investment, or trading advice
• Past performance does not guarantee future results
• Trading involves risk, and users are responsible for their own decisions