Trend

Strategy 7

Markets:Options · IndicesTimeframes:D1OptionsTrendDailyIndex

Strategy 7 is built for index traders, including those who use that bias for F&O decisions. It combines trend filters with momentum confirmation to signal a directional bias on the daily index chart. It signals direction only — strike, premium and position sizing remain the trader's own decision.

Setup Guide

How to apply Strategy 7

Step-by-step guide for TradingView and STEP Workspace setup.

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TradingView Setup

Pine Script · Chart Application

1Load the Daily chart for your preferred index (e.g. Nifty, Bank Nifty, SPX).
2Apply Strategy 7 — it plots trend bias zones and momentum confirmation.
3Check the daily signal before your options session opens.
4Use the signal direction to inform your option buying strategy (CE or PE).
5Do not trade against the daily trend signal except with defined hedge positions.
6Review signal accuracy weekly and adjust your selection criteria.

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STEP Workspace

Journal · Practice · Review

1Open STEP Workspace and select Strategy 7 from the "Trend" category.
2Before each session, journal your directional bias based on the D1 signal.
3Record your strike selection and rationale in the trade journal.
4Review weekly: did the daily bias hold through the options expiry?
5Discuss your findings with your educator in weekly review sessions.

At a Glance

Strategy Quick Reference

Markets

→ Options
→ Indices

Timeframes

→ D1