It is a strategy based on RSI and ADX indicators. The idea is to buy when the RSI is rising and sell when RSI is falling. Daily time frame is used for determining the strength of the RSI. Once the direction of trade is determined the entry points are decided on the basis of combination of RSI and ADX on time frames of 30 minutes and 15 minutes respectively. A sell order is placed when RSI and ADX start rising while RSI calculated on 30 minute candle is still below 50. Similarly a buy order is placed when RSI and ADX start falling while RSI is still above 50. I have kept the TP of 40 pips while SL of 30 pips. The trade amount is determined as 80 percent of Equity available to be used as margin. The reason behind is that we should be able to make decent returns even with the win/loss ratio of merely 55 %. When the underlying instrument is trending it will ride the trend with increasing equity allocation.