How to trade using 52 Week High Low Strategy for regular profits?

How to trade using 52 Week High Low Strategy for regular profits?
Those who are not familiar with Excel can use the screener for 52 Week High-Low Strategy.
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Simple Intraday/Positional-Trading Strategy:
1. Find scripts which hit 52 Week Low today
2. Filter the ones which closed 1% above the 52 Week Low (Bounced after making new 52 Week Low)
3. Entry - Next day opening price
4. SL 1% from day’s low
5. Target 3-5% from entry (Positional)/Target 1% from entry (Intraday)
Download the Excel Calculator from here:
Intraday Trading Strategy using 52 Week High & Low
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Positional Trading Strategy using 52 Week High & Low
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Also, checkout Intraday Trading Strategy using Modified 52 Week High & Low
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Positional Size Calculator:
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[@MikeTangoo]

Very nicely explained sir🙏 following your both channels since launch🔥

[@MarketSecrets]

Thanks a ton

[@chanikyalokachary1532]

Thank you so much sir... Happy to listen back the first strategy...

[@MarketSecrets]

Always welcome

[@aameerkhan6135]

​@@MarketSecrets​Sir when is the stock filter done one day or in the morning?

[@funfoodtravelplannet]

Very well explained..

[@MarketSecrets]

Thanks for the feedback.!

[@souvikparihal266]

Kindly explain this....
In case of intraday... SL at 1% of day's low makes for very bad risk to reward ratio with a target of 1%. This gets worse for a flat opening. And keeping a target of more than 1% for intraday is not recommended either just in order to improve the risk Reward ratio.
Any solution to this?

[@MarketSecrets]

Thanks for the question Souvik.
Yes, 1:1 risk reward ratio is not favorable if you are having win rate of 50%. If your win rate is around 70-80%, 1:1 Risk reward ratio is sufficient to generate good profits month on month. We should never consider any parameters individually and should be taken in the whole context.
Other option is to understand price action, which will help you to narrow your SL based on the situation. But this would require lot of practice.

[@MrChangeordie]

Thanks for at least speaking English using English tittle 👍😎

[@MarketSecrets]

haha.. :)