WC-Index Intraday- RSI Based Research Model

🔍 Strategy Overview
This is an index-focused intraday research strategy designed around RSI behavior and multi-timeframe RSI confirmation.
The model studies intraday momentum exhaustion and pullback zones using confirmed RSI conditions, while maintaining strict time and trade discipline.

Note: EMA indicators, if displayed on the chart, are used only for visual reference and are not part of the trade entry or exit logic.

🧠 Core Logic
Trade decisions are based on:

• RSI of the current timeframe
  
• Confirmed 15-minute RSI values
  
• Multiple internal RSI research models (BUY / SELL variants) are used to classify intraday setups
  
• Signals are generated only after candle confirmation
  
• A single active trade framework is enforced using a global trade lock
  
• Automatic End-of-Day exit is applied to avoid overnight exposure
  

⏰ Trading Conditions

• Instrument: Index (tested on intraday timeframes such as 5-minute)
  
• Trading Style: Intraday only
  
• Time Window: 09:15 AM to 03:15 PM (IST)
  
• No overnight positions
  
• No averaging or pyramiding
  

⚙️ Technical Integrity
Uses barstate.isconfirmed
Uses lookahead = barmerge.lookahead_off
Strategy does not repaint
Backtest results may vary depending on instrument, timeframe, market volatility, and execution conditions

⚠️ Risk & Usage Notice
This strategy is intended strictly for educational and research purposes only.
Use of this research model requires an understanding of RSI behavior, intraday volatility, and risk management.

🛡️ Disclaimer
Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

This strategy does not constitute investment advice, trading advice, or a recommendation.

Backtest results are based on historical data and do not represent actual trading performance.
Past performance is not indicative of future results.

Users are solely responsible for their trading decisions and risk management.

The securities quoted here are for illustration only and are not recommendatory.
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