Signal Frequency
Maximum 1 signal per day
NIFTY 5-STAR Indicator by Dr. Gokul Chhabra
The NIFTY 5-STAR Buy/Sell Indicator is an intraday trend-following and momentum-based trading indicator designed to identify high-conviction directional opportunities in NIFTY/BankNifty/MidCap Nifty. The indicator generates a Strong BUY signal when price trades above the 21 EMA, VWAP, 20 VWMA and Supertrend, along with confirmation from minimum 3-minute trading volume. A Strong SELL signal is generated when price trades below all these trend indicators with corresponding volume confirmation. To reduce unnecessary and repetitive signals, the system restricts trading signals to the defined intraday trading window and generates a maximum of one signal per trading day. Each signal is accompanied by an automatically calculated entry level, Supertrend-based stop-loss and risk-based target level.
Win Rate
75%
Accounts using
2,409+
Indicator Access on
about the indicator
Built for precision traders
Four core modules that work together for a complete trading system
The NIFTY 5-STAR Buy/Sell Indicator is an intraday trend-following and momentum-based trading indicator designed to identify high-conviction directional opportunities in NIFTY/BankNifty/MidCap Nifty. The indicator generates a Strong BUY signal when price trades above the 21 EMA, VWAP, 20 VWMA and Supertrend, along with confirmation from minimum 3-minute trading volume. A Strong SELL signal is generated when price trades below all these trend indicators with corresponding volume confirmation. To reduce unnecessary and repetitive signals, the system restricts trading signals to the defined intraday trading window and generates a maximum of one signal per trading day. Each signal is accompanied by an automatically calculated entry level, Supertrend-based stop-loss and risk-based target level.
Market Conditions
Most suitable for trending or momentum-driven sessions where price, trend and volume are aligned.
Suitable for
Index Futures and directional Index Options trading using NIFTY as the underlying signal
Primary Instrument
NIFTY, Bank Nifty, Midcap Nifty, Sensex, Finnifty
Note: Indicator can be accessed onIndicator can be accessed on
pricing
Choose your plan
Get the indicator in your TradingCharts account.
₹2,999 /
Indicator Access
Indicator access in your TradingCharts (dhan) account
₹4,999 /
Indicator Access
Indicator access in your TradingCharts (dhan) account
getting started
How will this work?
A short walkthrough of getting the indicator onto your TradingCharts
Watch this video to understand the process
instructor
About the expert
Learn from experienced market practitioners
Dr. Gokul Chhabra
Dr. Gokul Chhabra is a SEBI-registered Research Analyst, full-time trader, and investor, and the Co-founder & CEO of LearnKaro. He is known for his structured and research-driven approach to trading and investing, with expertise in equity and derivatives markets. With a strong focus on risk management and disciplined execution, he helps traders make informed decisions and build consistency in the markets.
faq
Frequently asked questions
Everything you need to know before you get started