Identify trend in 4 hour time frame using either price action - (HH HL & LL LH, VPL, VPH, MPH, MPL ) or simply with Super trend (8,2 or 10,3 settings) or PSAR or EMA's (50/200 EMA ) etc etc..
After identifying trend, look for confirmation from momentum , using ADX or CCI etc etc
If you get stocks that meets both criteria, then try those stocks for intraday..
For doing it in intraday , follow same steps in 1 hours and 15 min charts... 1 hour chart for signal confirmation and 15 min chart trade entry....
This way , you are going to trade in same direction of 4H, 1H and 15 Min..
Disclaimer: I am not sebi registered financial advisor. I have made this excel for persoanl use and shared in lieu of money or free. Losses do occur and they are part of trading. I am just sharing strategy to minimize losses. Keep in mind, stoploss do hit and you yourself are responsible for losses. You may loose all your invested money.
